INT closes within prior day's range
World Fuel Services Corp (INT) Technical Analysis Report for Aug 10, 2018 | by Techniquant Editorial Team
INT finished the week -3.71% lower at 26.47 after gaining $0.09 (0.34%) today. Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range.
Daily Candlestick Chart (INT as at Aug 10, 2018):
Friday's trading range was $0.58 (2.21%), that's slightly below last trading month's daily average range of $0.88. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being above average.
Though the market is currently in a short-term down trend, this might just be a correction, as the medium and long term trends are both positive.