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Shares of COG Down 36.1% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Cabot Oil & Gas (NYSE:COG) on May 2nd, 2019 at $25.27. In approximately 3 months, Cabot Oil & Gas has returned 36.05% as of today's recent price of $16.16.

In the past 52 weeks, shares of Cabot Oil & Gas have traded between the current low of $16.09 and a high of $27.65 and are now at $16.19. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.1% while the 200-day MA has slid 0.3%.

Cabot Oil & Gas Corporation is an independent oil and gas company that develops, exploits, and explores oil and gas properties located in North America. The Company holds interests Appalachian Basin, onshore Gulf Coast, including south and east Texas and north Louisiana, the Rocky Mountains and the Anadarko Basin as well as in the deep gas basin of Western Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cabot Oil & Gas.

Log in and add Cabot Oil & Gas (COG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights cabot oil & gas

Ticker(s): COG