Do FirstEnergy’s Chart Indicators Hint at More Weakness Ahead?
On April 20, 2017, FirstEnergy stock was trading 1% and 4% below its 50-day moving average and 200-day moving average, respectively.
After falling around 30% in 2016, Supervalu’s (SVU) stock continues to be in the red in 2017.
On April 20, 2017, Noble Energy’s short interest as a percentage of its float was ~4.7%. At the beginning of the year, its short interest ratio was ~3.3%.
VMware’s strategic partnerships with Amazon (AMZN) and IBM (IBM) in the cloud space have contributed significantly to the market’s improved sentiment toward its stock.
Cabot Oil & Gas (COG) stock started out wobbly at the beginning of 2017. Lately, it has been showing an uptrend for the most part.
On April 19, Cabot Oil and Gas’s short interest as a percentage of its float was ~4.5%. At the beginning of the year, its short interest ratio was 4.2%.
The first product AMD launched on its 14nm node was its Polaris GPU (graphics processing unit) in fiscal 2H16. This was the start of AMD’s growth story.
Technical indicators Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and a stock’s RSI (relative strength index) score are among the most widely…
Xcel Energy (XEL) stock is looking strong. On April 17, 2017, the stock was trading 4% and 8% above its 50-day and 200-day moving averages, respectively.
Short interest in Williams Companies (WMB), as a percentage of float, fell to 1.38%—compared to 1.42% the previous week.
Currently, Williams Companies (WMB) is trading 4.1% above its 50-day simple moving average and 5.7% above its 200-day simple moving average.
Williams Companies (WMB) ended its two-week winning streak with a 0.9% fall for the week ending April 13, 2017. It had a good start this week.
Short interest in Energy Transfer Equity (ETE) as a percentage of float ratio fell 7.2% last week compared to 7.6% in the previous week.
Energy Transfer Equity (ETE) is currently trading 2.9% below its 50-day simple moving average and 5.1% above its 200-day simple moving average.
Energy Transfer Equity (ETE) fell 4.5% last week, and the Alerian MLP ETF (AMLP), which is comprised of 25 energy MLPs, fell 1.2%.
As of April 13, 2017, ConocoPhillips (COP) had an implied volatility of ~26.5%, which is ~19.0% below its 260-trading-day historical price volatility of ~32.7%.
ConocoPhillips (COP) announced the news of its San Juan asset divestitures on April 13, 2017, after the market close.
ONEOK (OKE) is trading 0.2% above its 50-day moving average and 5.2% above its 200-day moving average. The averages might act as support for the stock.
ONEOK (OKE) fell 2.8% during the week ending April 13, 2017. In comparison, the Energy Select Sector SPDR ETF (XLE) fell 1.5%.
In the first quarter of 2017, Tesla (TSLA) stock delivered impressive returns of over 30%, after struggling for the previous six consecutive quarters.