Moving averages

Cheniere Energy (LNG) stock is currently trading at $66.9, almost 1% higher than its 50-day moving average and 4% higher than its 200-day moving average. The stock’s 50-day moving average crossing above its 200-day moving average is considered a “golden cross” and is seen as a bullish sign.

Cheniere Energy stock has taken the support of its 200-day moving average level a couple of times in the last few months. This level of close to $64.2 could continue to act as a crucial support for it in the short term.

Where Cheniere Energy Stock Might Go from Here


Cheniere Energy’s RSI (relative strength index) was close to 44 on April 3, implying that the stock was neither oversold nor overbought.

Short interest

The short interest in LNG stock increased ~6% on March 14. On February 27, the total shorted shares in Cheniere Energy amounted to 6.8 million. Its total shorted shares rose to 7.1 million on March 14.

A rise in a stock’s short interest might suggest that more investors expect the stock to fall from its current price level. A company’s short interest level indicates the number of its shares that have been sold short and not yet squared off. Short interest is a measure of investors’ anxiety.

Cheniere Energy Partners (CQP) has risen more than 17% so far this year. It’s trading 10% above its 200-day moving average with an RSI of 48.

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