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.
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.