I checked some of the recent issues discussed here and sort them by loss during the last ten days. I used the best estimate of the ten day high and Friday's closing price. I was using this somewhat as a test of my Excel ability and my ability to post the sorted data. I found it interesting that some bounced off the low for the ten day period.
Perhaps that bounce could indicate support. I hope to in the near future by observation determine if this is a useful exercise. That is .. When bad news strikes such as a combination of the impeachment, coronavirus etc an issues price response is useful in
predicting a future longer term trend. ie. A reversal upward ... setting a bottom.
Most likely ... Wishful thinking !!
g
Symbol | High | Low | loss | % remain | % Loss |
| | | | | |
OXY | $68.00 | $42.22 | $25.78 | 62.09% | 37.91% |
AMPY | $7.77 | $6.07 | $1.70 | 78.12% | 21.88% |
AM | $7.81 | $6.19 | $1.62 | 79.26% | 20.74% |
ETRN | $13.51 | $10.77 | $2.74 | 79.72% | 20.28% |
XOM | $83.00 | $66.32 | $16.68 | 79.90% | 20.10% |
ARLP | $11.51 | $9.93 | $1.58 | 86.27% | 13.73% |
NGL | $12.09 | $10.69 | $1.40 | 88.42% | 11.58% |
SLB | $40.00 | $35.77 | $4.23 | 89.43% | 10.58% |
MPLX | $27.20 | $24.57 | $2.63 | 90.33% | 9.67% |
DCP | $25.05 | $22.77 | $2.28 | 90.90% | 9.10% |
ENLC | $6.02 | $5.49 | $0.53 | 91.20% | 8.80% |
CEN | $6.84 | $6.37 | $0.47 | 93.13% | 6.87% |
ET | $13.63 | $12.74 | $0.89 | 93.47% | 6.53% |
EPD | $29.20 | $27.35 | $1.85 | 93.66% | 6.34% |
MMP | $65.30 | $63.94 | $1.36 | 97.92% | 2.08% |
KMI | $20.92 | $20.56 | $0.36 | 98.28% | 1.72% |