CNX RESOURCES CORP (CNX)
US12653C1080 - Common Stock
Taking everything into account, CNX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNX is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CNX did better than 91% of all other stocks. We also observe that the gains produced by CNX over the past year are nicely spread over this period.
CNX is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. CNX outperforms 86% 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CNX has an average volume of 2981190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.63
24.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.53 to 23.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.00 to 21.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.43 from a horizontal line in the daily time frame.
- Support @14.78 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.98 to 24.62. 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
CRS91.6
Mansfield0.7
10 Day High24.82
10 Day Low23.05
20 Day High24.82
20 Day Low23.05
52 Week High24.82
52 Week Low14.42
Performance
1 Week1.01%
2 Weeks-1.89%
1 Month0.93%
3 Month16.44%
6 Month12.92%
12 Month54.15%
2 Year16.5%
3 Year78.39%
5 Year167.19%
10 Year-46.21%
15 Year-23.47%
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)-0.12
RSI(14)58.12
LBB23.56
UBB24.65
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.63 | 23.52 | 1.11 (4.51%) | 22.19% |
| An entry @24.63. This is a Buy Stop order right above the resistance zone. | An exit @23.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.11 points, which is 4.51%. | For a 1.00% total portfolio risk, you can invest 22.19% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CNX RESOURCES CORP
NYSE:CNX (4/25/2024, 6:43:40 PM)
After market: 23.94 0 (0%)23.94
-0.27 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.12%
1 Week1.01%
2 Weeks-1.89%
1 Month0.93%
3 Month16.44%
6 Month12.92%
12 Month54.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.58
ATR(20)%2.35%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.82
10 Day Low23.05
20 Day High24.82
20 Day Low23.05
52 Week High24.82
52 Week Low14.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.73M
Volume Incr12.15%
Vol(5)2.88M
Vol(50)2.98M