CNX RESOURCES CORP (CNX)
US12653C1080 - Common Stock
Overall CNX gets a technical rating of 9 out of 10. 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 may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CNX is one of the better performing stocks in the market, outperforming 80% of all 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 210 other stocks in this industry. CNX outperforms 79% 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 has an average volume of 2708870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CNX has a been trading in the 23.94 - 26.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CNX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
22.25
26.64
We found 3 important support areas.
- A support zone ranging from 24.71 to 25.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.93 to 23.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.47 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.30 to 26.38. This zone is formed by a combination of multiple trend lines 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
CRS80.63
Mansfield0.08
10 Day High26.6
10 Day Low24.72
20 Day High26.6
20 Day Low23.94
52 Week High26.6
52 Week Low19.07
Performance
1 Week-1.78%
2 Weeks-2.16%
1 Month4.62%
3 Month5.63%
6 Month23.3%
12 Month27.2%
2 Year46.79%
3 Year109.5%
5 Year208.39%
10 Year-34.7%
15 Year-28.65%
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)-0.08
RSI(14)50.98
LBB24.86
UBB26.54
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 |
|---|---|---|---|
| 25.70 | 24.71 | 0.99 (3.84%) | 25.00% |
| An entry @25.70. This is a Buy Stop order right above the 10 day moving average. | An exit @24.71. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.99 points, which is 3.84%. | For a 0.96% total portfolio risk, you can invest 25.00% 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 (7/26/2024, 7:23:03 PM)
After market: 25.35 0 (0%)25.35
+0.34 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.36%
1 Week-1.78%
2 Weeks-2.16%
1 Month4.62%
3 Month5.63%
6 Month23.3%
12 Month27.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%2.45%
ATR Inc
Range Today0.86
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 High26.6
10 Day Low24.72
20 Day High26.6
20 Day Low23.94
52 Week High26.6
52 Week Low19.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.43M
Volume Incr63.05%
Vol(5)4.37M
Vol(50)2.71M