• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 483741 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1419256841 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1419256841 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Cheniere Energy Crosses Above its 10-day MA (LNG)

Published on Mon, 04/22/2013 - 11:11
By Peter Chu

Today, shares of Cheniere Energy (AMEX:LNG) have crossed bullishly above their 10-day moving average of $26.57 on a volume of 1.1 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Cheniere Energy, Inc., through subsidiaries, develops liquefied natural gas terminals, and explores for oil and natural gas. The Company explores for oil and gas in the Gulf of Mexico.

In the past 52 weeks, shares of Cheniere Energy have traded between a low of $10.51 and a high of $28.73 and are now at $26.72, which is 154% above that low price. The 200-day and 50-day moving averages have moved 1.78% higher and 1.88% higher over the past week, respectively.

Cheniere Energy has overhead space with shares priced $26.72, or 1.0% below the average consensus analyst price target of $27.00. The stock should find initial support at its 50-day moving average (MA) of $24.11 and further support at its 200-day MA of $18.33.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Short-term Underperformance Detected in ...

Below are five companies in the Specialty Stores industry that underperformed yesterday ...

Ferro had the Lowest Relative Performanc...

Analysis was conducted on the Specialty Chemicals industry to measure relative performa ...

Bottom 5 Companies in the Specialized RE...

Analysis was conducted on the Specialized REITs industry to measure relative performanc ...

Bottom 5 Companies in the Specialized Fi...

Below are five companies in the Specialized Finance industry that underperformed yester ...

Short-term Underperformance Detected in ...

Here are 5 stocks in the Soft Drinks industry ranked by performance. We compiled the t ...

Shares of Rambus Underperformed its Peer...

Analysis was conducted on the Semiconductors industry to measure relative performance t ...

Shares of Teradyne Underperformed its Pe...

Here are 5 stocks in the Semiconductor Equipment industry ranked by performance. We co ...

Kite Realty Group Trust has Relatively U...

Analysis was conducted on the Retail REITs industry to measure relative performance to ...