Summary:
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 0.3. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
(Bloomberg) -- CVR Energy Inc., the oil refiner controlled by billionaire investor Carl Icahn, is calling for a shakeup at Delek US Holdings Inc. while dismissing speculation of a takeover.CVR isn’t interested in a combination but wants the fuel producer to sell its retail business and cease operations at two refineries that lack competitive advantages and have no prospect of consistently generating cash, CVR Chief Executive Offer David L. Lamp said Thursday. He added that Delek should accept th...
U.S. refiner CVR Energy Inc said on Thursday it was not interested in buying peer Delek US Holdings Inc and proposed to replace three Delek board nominees with its own. CVR, which owns about 15% of Delek and is its largest stockholder, said it would instead focus on devoting capital to internal higher-return projects, according to a regulatory filing, which cited a letter to Delek from CVR Energy CEO David Lamp. Lamp cited the dramatic changes in the industry since it started buying shares of ...
CVR Energy (CVI) receives board clearance to carry forward its renewable diesel plant project that will allow the refinery to produce renewable diesel.
SUGAR LAND, Texas, Dec. 21, 2020 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) today announced that it has received full approval from the Company’s Board of Directors for its Wynnewood renewable diesel project, which will convert the refinery’s hydrocracker unit for renewable diesel service. Upon completion, which is expected in mid-2021, the Wynnewood refinery should have the capability to produce nearly 100 million gallons of renewable diesel per year and more than 6 million gallons of ren...