• Return to Headlines

Cabot Oil & Gas Bearish Moving Average Crossover Alert (COG)

By James Quinn

Cabot Oil & Gas (NYSE:COG) shares have crossed bearishly below their 10-day moving average of $22.75 on a volume of 2.0 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Cabot Oil & Gas share prices have moved between a 52-week high of $35.64 and a 52-week low of $14.88 and are now trading 51% above that low price at $22.47 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.4%.

SmarTrend is tracking the current trend status for Cabot Oil & Gas and will alert subscribers who have COG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cabot oil & gas

Ticker(s): COG