Consol Energy's most recent trend suggests a bearish bias. One trading opportunity on Consol Energy is a Bear Call Spread using a strike $31.00 short call and a strike $36.00 long call offers a potential 10.86% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $31.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $36.00 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.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Consol Energy
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Thu, 08 Jan 2015 16:04:00 GMT
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Fri, 26 Dec 2014 16:31:00 GMT
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Wed, 17 Dec 2014 15:58:00 GMT
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Thu, 11 Dec 2014 21:30:02 GMT
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