REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how STNG has been trading over the last 2 weeks and the past day especially. On its latest session, Scorpio Tankers Inc. ($STNG) opened at 30.08, reaching a high of 31.38 and a low of 29.99 before closing at a price of 30.49. There was a total volume of 1162188.
VOLUME INDICATORS FOR SCORPIO TANKERS INC. ($STNG): We saw an accumulation-distribution index of 983.67442, an on-balance volume of -29.91, chaikin money flow of 1.13846 and a force index of 2.8014. There was an ease of movement rating of -0.00927, a volume-price trend of 1.56157 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR SCORPIO TANKERS INC. ($STNG): We noted an average true range of 0.82405, bolinger bands of 31.35218, an upper bollinger band of 27.13782, lower bollinger band of 29.99, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 30.48333, high band keltner channel of 29.18333, low band keltner channel of 31.78333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 29.99, a donchian channel low band of 29.99, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR SCORPIO TANKERS INC. ($STNG): We calculated a Moving Average Convergence Divergence (MACD) of -0.03343, a MACD signal of -0.01857, a MACD difference of -0.01486, a fast Exponential Moving Average (EMA) indicator of 29.99, a slow Exponential Moving Average (EMA) indicator of 29.99, 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 0.3886, a trix of 2.603, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -1.46708, a KST Oscillator (KST) of 51.43524 and a KST Oscillator (KST Signal) of 51.43524 (leaving a KST difference of -13.05967). We also found an Ichimoku rating of 30.73, an Ichimoku B rating of 30.73, a Ichimoku visual trend A of 29.75278, an Ichimoku visual trend B of 30.5172, 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 SCORPIO TANKERS INC. ($STNG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.21996, a stochastic oscillator of 106.92308, a stochastic oscillator signal of 106.92308, a Williams %R rating of 6.92308 and an awesome oscillator of 0.4225.
RETURNS FOR SCORPIO TANKERS INC. ($STNG): There was a daily return of 5.14352, a daily log return of -5.09599 and a cumulative return of -4.96832.
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 Scorpio Tankers Inc. ($STNG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Scorpio Tankers Inc. ($STNG) 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.