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Cabot Oil & Gas Bearish Moving Average Crossover Alert (COG)

By David Diaz

Today, shares of Cabot Oil & Gas (NYSE:COG) have crossed bearishly below their 10-day moving average of $17.32 on a volume of 1.1 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Cabot Oil & Gas share prices have moved between a 52-week high of $27.65 and a 52-week low of $13.06 and are now trading 22% above that low price at $15.94 per share. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 0.3%.

SmarTrend is tracking the current trend status for Cabot Oil & Gas and will alert subscribers who have COG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cabot oil & gas

Ticker(s): COG