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Cheniere Energy Bullish Moving Average Crossover Alert (LNG)

By David Diaz

Today, shares of Cheniere Energy (AMEX:LNG) have advanced above their 10-day MA of $66.54 on a volume of 181K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Cheniere Energy share prices have moved between a 52-week high of $71.03 and a 52-week low of $55.09 and are now trading 22% above that low price at $67.46 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Cheniere Energy and will alert subscribers who have LNG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:lng cheniere energy

Ticker(s): LNG