Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Watch for Shares of Cabot Oil & Gas (COG) to Approach Support at $23.59

Apr 21, 2017 (SmarTrend(R) News Watch via COMTEX) --

Shares of Cabot Oil & Gas (NYSE:COG) opened today below their pivot of $24.38 and have already reached the first level of support at $24.03. Should the shares continue to fall, the support pivots of $23.59 and $22.80 will be of interest.

There is potential upside of 18.3% for shares of Cabot Oil & Gas based on a current price of $24.26 and an average consensus analyst price target of $28.70. The stock should discover initial support at its 50-day moving average (MA) of $22.54 and subsequent support at its 200-day MA of $21.55.

Over the past year, Cabot Oil & Gas has traded in a range of $14.88 to $35.64 and is now at $24.26, 63% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.4%.

SmarTrend is tracking the current trend status for Cabot Oil & Gas and will alert subscribers who have COG in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

Copyright, Comtex News Network, Inc. 2017

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 49.37
Nat Gas 3.063
Corn 365
Cotton #2 78.79
Gold 1278.6
Copper 2.5510
Euro 1.08935
USD Index 98.960
SP500 E-mini 2369.25
DJIA E-mini 20700