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Cabot Oil & Gas Crosses Above its 10-day MA (COG)

By Shiri Gupta

Today, shares of Cabot Oil & Gas (NYSE:COG) have crossed bullishly above their 10-day moving average of $25.13 on a volume of 794K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Cabot Oil & Gas has traded in a range of $20.02 to $26.74 and is now at $25.29, 26% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has slid 0.5%.

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