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Bullish Moving Average Cross by Cabot Oil & Gas (COG)

By James Quinn

Today, shares of Cabot Oil & Gas (NYSE:COG) have crossed bullishly above their 10-day moving average of $21.89 on a volume of 841K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Cabot Oil & Gas share prices have been bracketed by a low of $21.48 and a high of $29.57 and are now at $22.02, 3% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 0.4%.

SmarTrend is monitoring the recent change of momentum in Cabot Oil & Gas. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cabot Oil & Gas in search of a potential trend change.

Keywords: moving crosses cabot oil & gas

Ticker(s): COG