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Bullish Moving Average Cross by Consol Energy (CNX)

By David Diaz

Today, shares of Consol Energy (NYSE:CNX) have advanced above their 10-day MA of $17.15 on a volume of 1.5 million 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, shares of Consol Energy have traded between a low of $4.54 and a high of $34.14 and are now at $17.36, which is 282% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.7% while the 200-day MA has slid 0.5%.

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

Keywords: moving crosses consol energy

Ticker(s): CNX