CNX RESOURCES CORP (CNX) Stock Technical Analysis
NYSE:CNX - US12653C1080 - Common Stock
29.18 USD
-0.01 (-0.03%)
Overall CNX gets a technical rating of 0 out of 10. CNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CNX is a bad performer in the overall market: 74% of all stocks are doing better.
CNX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CNX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CNX has an average volume of 2120100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 208 stocks in the same industry.
CNX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.96, a Stop Loss order could be placed below this zone.
More info and screens
27.11
34.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.68 to 28.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.11 to 28.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @27.38 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.20 to 29.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.03 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNX is down. |
| ChartMill Relative Strength | 26.96 | NEGATIVE | CNX has a low relative strength, it was outperformed by 73.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.79 | NEUTRAL | The RSI value for CNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CNX has a positive trend. |
| Stochastics (14,3) | 63.61 | NEUTRAL | The Stochastics value for CNX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CNX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.82 | NEUTRAL | The ADX value for CNX suggests a possible start of a new trend. |
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)
NYSE:CNX (8/27/2025, 1:40:55 PM)
29.18
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.03%
1 Week3.36%
2 Weeks1.18%
1 Month-3.7%
3 Month-9.57%
6 Month1%
12 Month5.49%
2 Year30.6%
3 Year65.2%
5 Year166.33%
10 Year91.66%
15 Year-9.35%
Volatility
ATR(14)0.61
ATR(20)%2.36%
ATR Inc-5.03%
Range Today0.4
ADR(20)0.66
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.96
Mansfield-1.74
10 Day High29.41
10 Day Low27.72
20 Day High30.66
20 Day Low27.72
52 Week High41.93
52 Week Low26.5
CS1 End28.96
CR1 Start29.2
Volume & EV
DER(3)0.3%
DER(5)1.34%
Volume430.26K
Volume Incr-30.29%
Vol(5)1.53M
Vol(50)2.12M