Why LyondellBasell Industries NV ($LYB) Is Doing What It’s Doing (2019-11-12)

REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how LYB has been trading over the last 2 weeks and the past day especially. On its latest session, LyondellBasell Industries NV ($LYB) opened at 95.93, reaching a high of 97.55 and a low of 95.23 before closing at a price of 97.19. There was a total volume of 946805.

VOLUME INDICATORS FOR LYONDELLBASELL INDUSTRIES NV ($LYB): We saw an accumulation-distribution index of 1586.37993, an on-balance volume of 97.39, chaikin money flow of 1.8642 and a force index of 0.381. There was an ease of movement rating of -0.00112, a volume-price trend of 14.25342 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR LYONDELLBASELL INDUSTRIES NV ($LYB): We noted an average true range of 1.30524, bolinger bands of 97.68019, an upper bollinger band of 94.05981, lower bollinger band of 95.23, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 96.23667, high band keltner channel of 94.61667, low band keltner channel of 97.85667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 95.23, a donchian channel low band of 95.23, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR LYONDELLBASELL INDUSTRIES NV ($LYB): We calculated a Moving Average Convergence Divergence (MACD) of 0.02872, a MACD signal of 0.01595, a MACD difference of 0.01276, a fast Exponential Moving Average (EMA) indicator of 95.23, a slow Exponential Moving Average (EMA) indicator of 95.23, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.3896, a trix of 11.74151, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -12.12962, a KST Oscillator (KST) of 145.96344 and a KST Oscillator (KST Signal) of 145.96344 (leaving a KST difference of 3.85076). We also found an Ichimoku rating of 96.74, an Ichimoku B rating of 96.74, a Ichimoku visual trend A of 85.21885, an Ichimoku visual trend B of 86.27225, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR LYONDELLBASELL INDUSTRIES NV ($LYB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.54387, a stochastic oscillator of 143.20988, a stochastic oscillator signal of 143.20988, a Williams %R rating of 43.20988 and an awesome oscillator of 0.095.

RETURNS FOR LYONDELLBASELL INDUSTRIES NV ($LYB): There was a daily return of 14.59634, a daily log return of 1.33516 and a cumulative return of 1.34411.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for LyondellBasell Industries NV ($LYB)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling LyondellBasell Industries NV ($LYB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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