Have You Missed The Move In Crude?

Have you missed the move in crude oil? Here's a quick score card on ticker DXO. You be the judge.

Feel free to leave a comment to let our readers know where you think crude is headed.

MACD
DXO is trading above its 200 minute moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.

Bollinger Bands
DXO is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

Parabolic SAR
Today, DXO closed above the trigger point for the Parabolic SAR and is currently registering a bullish signal. The current Significant Point, below which a reversal to the bearish side would occur, is 4.12.

Williams %R
According to the %R which is currently at -6.67% and above the critical level of -20, DXO may be overbought. While a stock that is overbought may continue to rally, investors should be especially careful when DXO begins to lose strength and the %R dips below -20.

Directional Movement Index
The +DI line is above the -DI line and the ADX is greater than 20. This is a bullish signal that indicates the stock is in a confirmed uptrend.

Today’s Stock Market Club Trading Triangles


~