Cheniere Energy Bearish Moving Average Crossover Alert (LNG)
Cheniere Energy (NYSE:LNG) crossed under its 10-day moving average of $33.80 on a volume of 886K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Cheniere Energy share prices have moved between a 52-week high of $78.25 and a 52-week low of $22.80 and are now trading 43% above that low price at $32.58 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has advanced 1.4%.
SmarTrend is monitoring the recent change of momentum in Cheniere Energy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cheniere Energy in search of a potential trend change.
Keywords: moving crosses cheniere energy