energy xxi technical analysis charts
TRANSCRIPT
September 9, 2015
EXXI: Energy XXI technical analysis charts
On Tuesday, compared to Friday, price action opened lower (1.63, vs Friday’s close of
1.72), saw a lower high (1.79, vs Friday’s high of 1.84) and lower low (1.60, vs Friday’s
low of 1.70); and closed higher (1.73, vs Friday’s close of 1.72). The day’s range was
19 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose away
from the top of the 20 day moving average envelope (1.66). The parameters of the
envelope (1.61-1.71) are pointing lower.
The RSI (49.82) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
September 9, 2015
The MACD 12 day moving average is above the MACD 26 day moving average; both
are above zero.
The Slow Stochastics, below, generated a negative signal, as the K line crossed below
the D line.
The Commodity Channel Index (25.83), below, is in positive mode above the oversold
-200 level.
September 9, 2015
On the DAILY BOLLINGER BANDS CHART below, Tuesday represents the 2nd
consecutive entire day above the middle of the Bollinger Band envelope (1.66),
generating a negative signal towards the middle of the envelope The Bollinger Bands
(1.34-1.98) are converging; and narrowed from a width of 65 ticks on Friday to a
width of 64 ticks on Tuesday.
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving average
(1.73, moving down) is above the 20 day moving average (1.66, moving down), in
positive mode. The 3-50 day strip of moving averages ranges from the 20 day moving
average (1.66) at the bottom of the range to the 50 day moving average (1.83) at the
top of the range.
September 9, 2015
The Parabolic Stop and Reverse (1.49) below is in the 8th day of buy mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 7th
consecutive close below the middle of the Bollinger Bands envelope (2.55). The
Bollinger Bands (0.78-4.32) are pointing lower; contracting from a width of 373 ticks
on Friday to a width of 354 ticks on Tuesday.
September 9, 2015