Consol Energy's most recent trend suggests a bearish bias. One trading opportunity on Consol Energy is a Bear Call Spread using a strike $36.00 short call and a strike $41.00 long call offers a potential 7.99% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $36.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $41.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Consol Energy is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Consol Energy is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Consol Energy
CONSOL Energy Splits Business for Synergies, Plans Buyback
Thu, 11 Dec 2014 21:30:02 GMT
Consol Energy: MLP, Spinoff and Buyback Mean Time to Buy
Thu, 11 Dec 2014 15:44:00 GMT
Consol Energy (CNX) Stock Higher Today After Announcing Plans to Spin Off Coal Operations
Thu, 11 Dec 2014 15:42:00 GMT
Consol Energy to Spin Off Some Coal Operations
Thu, 11 Dec 2014 05:12:19 GMT
The Wall Street Journal – Consol Energy Inc. said Wednesday it would spin off big parts of its coal operations into two separate entities, in a bid to set up a more profitable financial structure.
CONSOL Energy Continues to Unlock Inherent Value of its Assets; Announces Intention to Pursue the Initial Public Offerings of a Thermal Coal MLP and Metallurgical Coal Subsidiary; Also Announces a $250 Million Stock Repurchase Program
Wed, 10 Dec 2014 21:40:18 GMT
noodls – PITTSBURGH, Dec. 10, 2014 /PRNewswire/ — CONSOL Energy Inc. (NYSE: CNX) announced today that its Board of Directors has authorized management to pursue the formation of a master limited partnership (MLP) …
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