CONSOL Energy Inc. (NYSE:CNX) Continuing to Trade Below Moving Averages

CONSOL Energy Inc. (NYSE:CNX) shares have been on a recent steady downtrend, causing some worry for shareholders.

In order to gauge which way a stock is trending, you must compare a stock’s share price to its moving average.  Uptrending stocks trade above their moving averages, while downtrending stocks trade below. 

It is important to consider the moving averages of a downtrending security.  We see here that CONSOL Energy Inc. (NYSE:CNX) is -14.23% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -14.91% from current levels.  Further back, their 200-Day Simple Moving Average is -11.88% difference from today’s price.  Currently, the stock is -19.27% from its 50-Day High and -8.03% from the 50-day low. 

RSI and Recommendations

CONSOL Energy Inc.’s RSI is 29.97.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.38% and month of 3.44%.  Wall Street analysts have a consensus 2.30 recommendation on the stock.  

Historical Growth

CONSOL Energy Inc. (NYSE:CNX)’s performance this year to date is -11.35%.  The stock has performed 0.75% over the last seven days, -0.98% over the last thirty, and 11.53% over the last three months.  Over the last six months, CONSOL Energy Inc.’s stock has been 11.37% and -18.14% for the year.

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