Question 1

What does the Stochastic Oscillator suggest about CNX's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did CNX's Momentum indicator behave recently?

Accepted Answer

CNX saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 92 similar instances where the indicator turned positive. In 75 of the 92 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for CNX?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CNX just turned positive on August 12, 2024. Looking at past instances where CNX's MACD turned positive, the stock continued to rise in 46 of 59 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for CNX?

Accepted Answer

CNX moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What does a 3-day price advance indicate for CNX?

Accepted Answer

Following a +2.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where CNX advanced for three days, in 245 of 318 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for CNX's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does CNX breaking above its upper Bollinger Band indicate?

Accepted Answer

CNX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on CNX's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 249 of 308 cases where CNX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CNX Stock CNX Resources (CNX, $24.38) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 15, 2024

Momentum Indicator for CNX turns positive, indicating new upward trend

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