REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CPE has been trading over the last 2 weeks and the past day especially. On its latest session, Callon Petroleum Company ($CPE) opened at 4.3, reaching a high of 4.355 and a low of 3.82 before closing at a price of 3.94. There was a total volume of 25294064.
VOLUME INDICATORS FOR CALLON PETROLEUM COMPANY ($CPE): We saw an accumulation-distribution index of 77.54091, an on-balance volume of 4.37, chaikin money flow of 18.45455 and a force index of 0.0825. There was an ease of movement rating of -0.0012, a volume-price trend of -0.55782 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR CALLON PETROLEUM COMPANY ($CPE): We noted an average true range of 0.22681, bolinger bands of 4.64311, an upper bollinger band of 3.42689, lower bollinger band of 3.82, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 4.15833, high band keltner channel of 4.10333, low band keltner channel of 4.21333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 3.82, a donchian channel low band of 3.82, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR CALLON PETROLEUM COMPANY ($CPE): We calculated a Moving Average Convergence Divergence (MACD) of 0.00965, a MACD signal of 0.00536, a MACD difference of 0.00429, a fast Exponential Moving Average (EMA) indicator of 3.82, a slow Exponential Moving Average (EMA) indicator of 3.82, 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 0.38594, a trix of -8.90153, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 0.66796, a KST Oscillator (KST) of -148.83339 and a KST Oscillator (KST Signal) of -148.83339 (leaving a KST difference of 23.95299). We also found an Ichimoku rating of 4.3275, an Ichimoku B rating of 4.3275, a Ichimoku visual trend A of 4.62051, an Ichimoku visual trend B of 4.56695, 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 CALLON PETROLEUM COMPANY ($CPE): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 53.53716, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -402.38271, a stochastic oscillator of 972.72727, a stochastic oscillator signal of 972.72727, a Williams %R rating of 872.72727 and an awesome oscillator of 0.03792.
RETURNS FOR CALLON PETROLEUM COMPANY ($CPE): There was a daily return of -14.88334, a daily log return of 10.66686 and a cumulative return of 11.25654.
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 2019-11-19 (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 Callon Petroleum Company ($CPE)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Callon Petroleum Company ($CPE) 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.