Large Outflow of Money Witnessed in LyondellBasell Industries NV

LyondellBasell Industries NV (LYB) : The total negative money flow of $2.11 million on Monday indicates selling on strength. The inflow of money on upticks was $9.34 million, compared to $11.44 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.82. The negative money flow of $2.86 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $2.86 million. The price action in the LyondellBasell Industries NV (LYB) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $78.35 with a gain of $0.44 , a change of 0.56% over the previous days close. The stock registered 2.1% for the week.


LyondellBasell Industries N.V. has dropped 10.34% during the last 3-month period . Year-to-Date the stock performance stands at -7.79%. Shares of LyondellBasell Industries N.V. appreciated by 3.34% during the last five trading days but lost 0.75% on a 4-week basis. In a related news, The officer (SVP Research & Development), of Lyondellbasell Industries N.V., Covezzi Massimo had unloaded 7,551 shares at $89.14 per share in a transaction on April 26, 2016. The total value of transaction was $673,096. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

LyondellBasell Industries NV (NYSE:LYB): stock turned positive on Monday. Though the stock opened at $77.55, the bulls momentum made the stock top out at $78.66 level for the day. The stock recorded a low of $77.35 and closed the trading day at $78.5, in the green by 0.76%. The total traded volume for the day was 1,891,202. The stock had closed at $77.91 in the previous days trading.

LyondellBasell Industries N.V. (LyondellBasell) is a global, independent chemical company. The Company operates through five segments: Olefins and Polyolefins-Americas (OandP-Americas), Olefins and Polyolefins-Europe, Asia, International (OandP-EAI), Intermediates and Derivatives (IandD), Refining, and Technology. Its OandP-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefin. Its OandP-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefin and specialty products, including polybutene-1 and polypropylene compounds. Its IandD segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol and ethylene oxide. Its Refining segment refines heavy, high-sulfur crude oil. Its Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.

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