- Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
- 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 0.2. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving 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.
Oil prices have climbed since the presidential election, even though the Democratic party hasn’t traditionally been seen as a friend of the oil industry. Six stocks could benefit, says one Truist analyst.
Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.
Moody's Investors Service ("Moody's") said WPX Energy Inc.'s (WPX) ratings continue to be on review for upgrade following the announcement by Devon Energy Corporation (Devon, Ba1 stable) that it closed the merger with WPX on January 7th in an all stock deal. Devon has not taken an action or disclosed its specific plans with regards to WPX's senior notes outstanding following the merger ($3.3 billion as of September 30, 2020). Moody's expects to resolve its review of WPX's ratings once Devon's ...
OKLAHOMA CITY, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report fourth-quarter and full-year 2020 results on Tuesday, Feb. 16, after the close of U.S. financial markets. The earnings release and presentation for the fourth-quarter and full-year 2020 results will be available on the company’s website at www.devonenergy.com.On Wednesday, Feb. 17, the company will hold a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time), which will c...
Oil prices continued to advance on Thursday, two days after Saudi Arabia surprised the market by volunteering to cut 1 million barrels of daily output in February and March. Shares of companies from Exxon to Occidental rose too.
Devon Energy (NYSE: DVN) and WPX Energy (NYSE: WPX) have successfully closed their previously announced all-stock merger of equals.