CNX RESOURCES CORP (CNX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CNX - US12653C1080 - Common Stock
Overall CNX gets a technical rating of 5 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.
- 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.
- Looking at the yearly performance, CNX did better than 75% of all other stocks.
- CNX is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. CNX outperforms 79% of them.
- CNX has an average volume of 1928390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- CNX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNX is lagging the market.
Although the technical rating is only medium, CNX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 34.87, a Stop Loss order could be placed below this zone.
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27.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.49 to 34.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.63 from a trend line in the weekly time frame.
- A support zone ranging from 28.90 to 28.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.91 to 41.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CNX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNX is down. |
| ChartMill Relative Strength | 75.81 | POSITIVE | CNX has a high relative strength, it outperformed 75.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CNX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.76 | NEUTRAL | The RSI value for CNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.47 | NEUTRAL | The Stochastics value for CNX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CNX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for CNX suggests a strong trend. |
NYSE:CNX (1/16/2026, 11:24:47 AM)
35.98
+0.08 (+0.22%)
CNX RESOURCES CORP / CNX FAQ
What is the ChartMill technical rating of CNX RESOURCES CORP (CNX) stock?
ChartMill assigns a technical rating of 5 / 10 to CNX.
Can you provide the trend direction for CNX RESOURCES CORP?
The current trend direction for CNX RESOURCES CORP (CNX) is Bullish.
Can you provide the RSI signal for CNX RESOURCES CORP?
CNX RESOURCES CORP (CNX) has an RSI value of 44.7565. This indicates that the stock is currently neutral.
What is the MACD signal for CNX RESOURCES CORP (CNX) stock?
The MACD indicator for CNX RESOURCES CORP (CNX) has a value of -0.103389, indicating a bearish trend.
What is the short term momentum for CNX RESOURCES CORP (CNX) stock?
The short term momentum for CNX RESOURCES CORP (CNX) is negative.