Cabot Oil & Gas Technical Analysis (NYSE:COG)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The COG stock chart pattern can give those who understand technical analysis an indication of which way COG stock is headed, but cannot predict with 100% certainty as to what can happen to the Cabot Oil & Gas stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Cabot Oil & Gas. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Cabot Oil & Gas stock analysis.
Cabot Oil & Gas Moving Average
Moving averages help predict the price direction of COG stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $23.73 is above the last closing price of $23.72 and the 50 day moving average of $23.62 is below the last closing price of $23.72. The 10 and 20 day periods can predict short term moving average trends.
Cabot Oil & Gas Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the COG stock. Currently the stock price of $23.72 is in the lower range of Cabot Oil & Gas bollinger bands.
Cabot Oil & Gas Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Cabot Oil & Gas MACD indicator can be used to identify bullish and bearish trends for the stock.
Cabot Oil & Gas Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 38.4 is the RSI value of COG stock.