CNX RESOURCES CORP (CNX) Stock Technical Analysis
NYSE:CNX - New York Stock Exchange, Inc. - US12653C1080 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to CNX. Although CNX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CNX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 210 stocks in the same industry.
CNX has an average volume of 3406100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CNX did better than 84% of all other stocks. However, we also see that CNX couldn't keep up this performance in the last couple of months.
CNX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CNX has a been trading in the 28.11 - 31.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.13, a Stop Loss order could be placed below this zone.
More info and screens
25.85
31.40
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.02 to 28.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.38 to 27.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.72 from a horizontal line in the daily time frame.
- Support @26.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.19 to 31.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.76
Mansfield0.1
10 Day High30.67
10 Day Low28.11
20 Day High31.12
20 Day Low28.11
52 Week High41.93
52 Week Low21
Performance
1 Week3.94%
2 Weeks1.87%
1 Month2.98%
3 Month-18.41%
6 Month11.14%
12 Month40.31%
2 Year87.52%
3 Year44.98%
5 Year464.66%
10 Year7.71%
15 Year-29.58%
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)0.1
RSI(14)51.52
LBB28.38
UBB30.83
30.04
+1.22 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.23%
1 Week3.94%
2 Weeks1.87%
1 Month2.98%
3 Month-18.41%
6 Month11.14%
12 Month40.31%
2 Year87.52%
3 Year44.98%
5 Year464.66%
10 Year7.71%
15 Year-29.58%
Volatility
ATR(14)1.15
ATR(20)%3.74%
ATR Inc15.05%
Range Today1.46
ADR(20)1.1
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.76
Mansfield0.1
10 Day High30.67
10 Day Low28.11
20 Day High31.12
20 Day Low28.11
52 Week High41.93
52 Week Low21
CS1 End28.13
CR1 Start30.19
Volume & EV
DER(3)-6.22%
DER(5)-4.29%
Volume3.02M
Volume Incr-15.64%
Vol(5)2.80M
Vol(50)3.41M