Cheniere Energy Bearish Moving Average Crossover Alert (LNG)
Today, shares of Cheniere Energy (NYSE:LNG) have fallen below their 10-day MA of $43.44 on a volume of 410K 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.
In the past 52 weeks, Cheniere Energy share prices have been bracketed by a low of $22.80 and a high of $78.25 and are now at $42.68, 87% above that low price. Over the past week, 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