ANDV ends the day indecisive

Andeavor (ANDV) Technical Analysis Report for Sep 14, 2018

Highlights

ANDV closes higher for the 4th day in a row
ANDV rises to highest close since Inception
ANDV closes within previous day's range after lackluster session
ANDV ends the day indecisive

TQ Sentiment

Report Sentiment: 14% Bearish
Technical Forecast:

Overview

Moving higher for the 4th day in a row, ANDV ended the week 1.83% higher at 156.09 after gaining $0.18 (0.12%) today. Today's closing price of 156.09 marks the highest close since Inception. Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range in a lackluster session. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.

Daily chart for ANDV

Volatility

Friday's trading range was $1.37 (0.88%), that's far below last trading month's daily average range of $2.70. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly above average.

Support/Resistance

Prices are trading close to the key resistance level at 156.99.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Order Flow

Buying could accelerate should prices move above the close-by swing high at 157.64 where further buy stops might get triggered. Selling could speed up should prices move below the nearby swing low at 153.84 where further sell stops might get activated.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for Andeavor

Loading Market Conditions for $ANDV (Andeavor)...
Latest Report:

ANDV pushes through prior session high

Sep 21, 2018
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Andeavor traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

APA 10 day candlestick chart for APA 45.96 0.29 (0.63%)
APC 10 day candlestick chart for APC 64.64 0.78 (1.22%)
AR 10 day candlestick chart for AR 19.08 -0.71 (-3.59%)
AXAS 10 day candlestick chart for AXAS 2.40 0.05 (2.13%)
BHGE 10 day candlestick chart for BHGE 32.90 0.44 (1.36%)
CDEV 10 day candlestick chart for CDEV 20.83 0.35 (1.71%)
CHK 10 day candlestick chart for CHK 4.44 0.03 (0.68%)
CLR 10 day candlestick chart for CLR 62.23 0.48 (0.78%)
CNX 10 day candlestick chart for CNX 14.61 -0.09 (-0.61%)
COG 10 day candlestick chart for COG 23.21 0.31 (1.35%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!