CNX RESOURCES CORP (CNX)

US12653C1080 - Common Stock

36.25  +0.91 (+2.57%)

After market: 36.25 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to CNX. In the last year, CNX was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month CNX has a been trading in the 34.78 - 41.93 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CNX did better than 93% of all other stocks. On top of that, CNX also shows a nice and consistent pattern of rising prices.
CNX is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. CNX outperforms 93% of them.
CNX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CNX is performing more or less in line with the market.
CNX has an average volume of 2424760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
CNX Weekly chart
CNX Daily chart
Setup Rating and Analysis

4

CNX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

24.61

41.51

We found 5 important support areas.

  • A support zone ranging from 35.95 to 36.24. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • Support @35.19 from a horizontal line in the daily time frame.
  • Support @27.07 from a trend line in the daily time frame.
  • Support @25.85 from a trend line in the daily time frame.
  • Support @24.86 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 36.84 to 37.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 41.10 to 41.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.02
Mansfield2.36
10 Day High39.04
10 Day Low34.78
20 Day High41.93
20 Day Low34.78
52 Week High41.93
52 Week Low19.07
Performance
1 Week-4.08%
2 Weeks-1.55%
1 Month-10.8%
3 Month13.71%
6 Month50.04%
12 Month77%
2 Year115.26%
3 Year163.64%
5 Year309.61%
10 Year7.22%
15 Year-27.21%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)43.11
LBB34.77
UBB39.73
CNX Daily chart

CNX RESOURCES CORP

NYSE:CNX (12/20/2024, 8:04:00 PM)

After market: 36.25 0 (0%)

36.25

+0.91 (+2.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.57%
1 Week-4.08%
2 Weeks-1.55%
1 Month-10.8%
3 Month13.71%
6 Month50.04%
12 Month77%
2 Year115.26%
3 Year163.64%
5 Year309.61%
10 Year7.22%
15 Year-27.21%
Volatility
ATR(14)1.28
ATR(20)%3.37%
ATR Inc-8.05%
Range Today1.63
ADR(20)1.18
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.02
Mansfield2.36
10 Day High39.04
10 Day Low34.78
20 Day High41.93
20 Day Low34.78
52 Week High41.93
52 Week Low19.07
CS1 End36.24
CR1 Start36.84
Volume & EV
DER(3)1.26%
DER(5)0.93%
Volume4.68M
Volume Incr69.82%
Vol(5)3.04M
Vol(50)2.42M