• Return to Headlines

Cheniere Energy Crosses Above its 10-day MA (LNG)

By Amy Schwartz

Today, shares of Cheniere Energy (AMEX:LNG) have crossed bullishly above their 10-day moving average of $67.28 on a volume of 293K 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 $52.37 and are now trading 29% above that low price at $67.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-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