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Cheniere Energy Down 46.6% Since SmarTrend Downtrend Call (LNG)

By Shiri Gupta

SmarTrend identified a Downtrend for Cheniere Energy (AMEX:LNG) on January 23rd, 2020 at $62.43. In approximately 2 months, Cheniere Energy has returned 46.64% as of today's recent price of $33.31.

In the past 52 weeks, shares of Cheniere Energy have traded between a low of $27.06 and a high of $70.49 and are now at $33.31, which is 23% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 3.6%.

Cheniere Energy, Inc. is an energy company focused on LNG-related businesses. The Company owns and operates liquefied natural gas (LNG) receiving terminals and liquefied natural gas (LNG) pipelines. Cheniere Energy manages and operates projects in Louisiana and Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cheniere Energy.

Log in and add Cheniere Energy (LNG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:lng cheniere energy

Ticker(s): LNG