REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MUR has been trading over the last 2 weeks and the past day especially. On its latest session, Murphy Oil Corporation ($MUR) opened at 24.58, reaching a high of 24.85 and a low of 24.12 before closing at a price of 24.76. There was a total volume of 2772320.
VOLUME INDICATORS FOR MURPHY OIL CORPORATION ($MUR): We saw an accumulation-distribution index of 136.96226, an on-balance volume of 24.98, chaikin money flow of 4.40741 and a force index of 0.8316. There was an ease of movement rating of -0.00168, a volume-price trend of 3.59973 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR MURPHY OIL CORPORATION ($MUR): We noted an average true range of 0.58174, bolinger bands of 24.21571, an upper bollinger band of 24.07429, lower bollinger band of 24.12, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 24.51667, high band keltner channel of 24.24667, low band keltner channel of 24.78667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 24.12, a donchian channel low band of 24.12, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR MURPHY OIL CORPORATION ($MUR): We calculated a Moving Average Convergence Divergence (MACD) of 0.00112, a MACD signal of 0.00062, a MACD difference of 0.0005, a fast Exponential Moving Average (EMA) indicator of 24.12, a slow Exponential Moving Average (EMA) indicator of 24.12, 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 1.84731, a trix of 14.70957, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -3.02121, a KST Oscillator (KST) of 143.19368 and a KST Oscillator (KST Signal) of 143.19368 (leaving a KST difference of 0.59245). We also found an Ichimoku rating of 24.715, an Ichimoku B rating of 24.715, a Ichimoku visual trend A of 21.84924, an Ichimoku visual trend B of 21.8886, 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 MURPHY OIL CORPORATION ($MUR): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 86.78622, a stochastic oscillator of 270.37037, a stochastic oscillator signal of 270.37037, a Williams %R rating of 170.37037 and an awesome oscillator of -0.15733.
RETURNS FOR MURPHY OIL CORPORATION ($MUR): There was a daily return of 14.31937, a daily log return of 0.20708 and a cumulative return of 0.2073.
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 2019-11-11 (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 Murphy Oil Corporation ($MUR)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Murphy Oil Corporation ($MUR) 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.