Consol Energy's most recent trend suggests a bearish bias. One trading opportunity on Consol Energy is a Bear Call Spread using a strike $38.00 short call and a strike $43.00 long call offers a potential 8.93% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $38.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock rose above the $43.00 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
CONE Midstream Partners Prices Upsized Initial Public Offering
Wed, 24 Sep 2014 22:06:00 GMT
PR Newswire – HOUSTON and PITTSBURGH, Sept. 24, 2014 /PRNewswire/ — Noble Energy, Inc. (NYSE: NBL), CONSOL Energy Inc. (NYSE: CNX) and CONE Midstream Partners LP, a Delaware limited partnership (“CONE Midstream …
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Thu, 18 Sep 2014 16:55:59 GMT
Financial Times – Peabody Energy, the largest US coal producer, led the benchmark S&P 500 lower after brokerage Goldman Sachs dimmed its view on the company as pressure on global coal markets persist. Weak Chinese demand …
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Thu, 18 Sep 2014 13:28:11 GMT
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