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Natl Fuel Gas Co Bearish Moving Average Crossover Alert (NFG)

By Nick Russo

Natl Fuel Gas Co (NYSE:NFG) shares have crossed bearishly below their 10-day moving average of $51.60 on a volume of 109K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Natl Fuel Gas Co has traded in a range of $48.31 to $61.25 and is now at $51.03, 6% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

SmarTrend is tracking the current trend status for Natl Fuel Gas Co and will alert subscribers who have NFG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses natl fuel gas co

Ticker(s): NFG