Southwestern's most recent trend suggests a bearish bias. One trading opportunity on Southwestern is a Bear Call Spread using a strike $37.00 short call and a strike $42.00 long call offers a potential 12.11% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $42.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Southwestern 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 Southwestern is bearish.
The RSI indicator is at 46.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Southwestern
Southwestern Energy Appoints New General Counsel
Tue, 12 Nov 2013 21:15:00 GMT
PR Newswire – HOUSTON, Nov. 12, 2013 /PRNewswire/ — Southwestern Energy Company (SWN) announced today the appointment of John C. Ale as Senior Vice President, General Counsel and Corporate Secretary effective November 11, 2013. Mark K. Boling will continue to serve as President of V+ Development Solutions, a division of Southwestern Energy Company. “I am pleased to welcome John Ale to the Southwestern executive leadership team,” remarked Steve Mueller, President and Chief Executive Officer of Southwestern Energy. “Under Mark's leadership, the work undertaken by the V+ Development Solutions division has expanded in scope and importance. Mark will now be able to focus solely on establishing stakeholder relationships crucial to deliver on our promise to advance the development of America's abundant natural gas supply. As a result of this transition, Mark will continue to lead his team in breaking ground with strategic and innovative projects that will not only benefit Southwestern but our entire industry.” Mr. Ale most recently was Vice President and General Counsel of Occidental Petroleum Corporation. Previously, he was a partner with Skadden, Arps, Slate, Meagher & Flom LLP and Vinson & Elkins LLP. Mr. Ale served as a law court to Chief Justice Warren E. Burger of the U.S. Supreme Court and to Judge Edward Tamm of the U.S. Court of Appeals for the D.C. Circuit. He holds a Juris Doctorate degree from the University of Virginia School of Law and a Bachelor of Arts degree in economics from the University of Virginia College of Arts and Sciences.
Why continually low prices don’t help natural gas producers
Tue, 12 Nov 2013 17:11:22 GMT
Market Realist – Natural gas prices were flat on the week but remain low long-term. This is a negative for producers largely weighted towards natural gas.
Why the natural gas inventory rose slightly under expectations
Tue, 12 Nov 2013 17:04:32 GMT
Market Realist – Natural gas inventories rose slightly under expectations last week. This is a small positive for natural gas prices.
You tweet it, we trade it
Mon, 11 Nov 2013 22:50:00 GMT
CNBC – The Fast Money traders have the play on stocks viewers have asked for; including F-5 Networks, Expedia, Priceline, and more.
January 2016 Options Now Available For Southwestern Energy (SWN)
Mon, 11 Nov 2013 16:58:00 GMT
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