CNX RESOURCES CORP (CNX)

US12653C1080 - Common Stock

36.82  -1.36 (-3.56%)

After market: 36.82 0 (0%)

Technical Rating and Analysis

9

Overall CNX gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month CNX has a been trading in the 36.01 - 41.93 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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.
When comparing the yearly performance of all stocks, we notice that CNX is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by CNX over the past year are nicely spread over this period.
CNX is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 91% of 205 stocks in the same industry.
CNX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNX is lagging the market slightly.
CNX has an average volume of 2391110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CNX Weekly chart
CNX Daily chart
Setup Rating and Analysis

1

Although CNX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

24.38

41.51

We found 5 important support areas.

  • A support zone ranging from 36.66 to 36.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @34.08 from a horizontal line in the daily time frame.
  • Support @26.76 from a trend line in the daily time frame.
  • Support @25.67 from a trend line in the daily time frame.
  • Support @24.63 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • 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
CRS92.66
Mansfield2.39
10 Day High41.93
10 Day Low36.01
20 Day High41.93
20 Day Low36.01
52 Week High41.93
52 Week Low19.07
Performance
1 Week-9.13%
2 Weeks-9.4%
1 Month-2.59%
3 Month36.22%
6 Month45.07%
12 Month83.64%
2 Year118.65%
3 Year167.78%
5 Year316.05%
10 Year8.9%
15 Year-26.06%
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)-0.52
RSI(14)42.05
LBB37.3
UBB41.96
CNX Daily chart

CNX RESOURCES CORP

NYSE:CNX (12/6/2024, 8:04:00 PM)

After market: 36.82 0 (0%)

36.82

-1.36 (-3.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.56%
1 Week-9.13%
2 Weeks-9.4%
1 Month-2.59%
3 Month36.22%
6 Month45.07%
12 Month83.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.2
ATR(20)%3.27%
ATR Inc
Range Today2.36
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 High41.93
10 Day Low36.01
20 Day High41.93
20 Day Low36.01
52 Week High41.93
52 Week Low19.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.89M
Volume Incr-9.16%
Vol(5)2.01M
Vol(50)2.39M