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

By Nick Russo

Today, shares of Cabot Oil & Gas (NYSE:COG) have crossed bullishly above their 10-day moving average of $25.38 on a volume of 707K shares. This may provide short-term investors a chance 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 $14.88 to $35.64 and is now at $25.59, 72% above that low. The 200-day and 50-day moving averages have moved 0.45% lower and 1.41% higher over the past week, respectively.

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