Southwestern Energy Company Stock Forecast
Red day on Monday for Southwestern Energy Company
(Updated on Jan 22, 2018)
No changes to the price of Southwestern Energy Company stock on the last trading day (Monday, 22nd Jan 2018). During the last trading day the stock fluctuated 0% from a day low at $11.88 to a day high of $11.88. The price has been going up and down for this period, and there has been a -4.35% loss for the last 2 weeks.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.31% during the next 3 months and, with a 90% probability hold a price between $9.78 and $12.36 at the end of this 3-month period.
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SWNC Signals & Forecast
There are few to no technical positive signals at the moment. The Southwestern Energy Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $11.90 and $12.56. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, January 11, 2018, and so far it has fallen -1.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Southwestern Energy Company stock
Southwestern Energy Company finds support from accumulated volume at $11.74 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SWNC) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Southwestern Energy Company to open at $11.88, and during the day (based on 14 day Average True Range), to move between $11.52 and $12.24, which gives a possible trading interval of +/-$0.363 (+/-3.06%) up or down from last closing price. If Southwestern Energy Company takes out the full calculated possible swing range there will be an estimated 6.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $11.90 (0.17%) than the support at $11.74 (1.18%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Southwestern Energy Company stock A Buy?
Southwestern Energy Company holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -3.640 Sell Candidate Unchanged
Predicted Opening Price for Southwestern Energy Company of Tuesday, January 23, 2018
Fair opening price January 23, 2018 | Current price |
---|---|
$11.88 ( 0%) | $11.88 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SWNC
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 11.88 | . | |
R2 | 11.88 | . | ||
R1 | 11.88 | . | ||
Current price: | 11.88 | |||
Support | S1 | 11.88 | . | |
S2 | 11.88 | . | ||
S3 | 11.88 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 13.42 | 12.96 % | |
R2 | 12.38 | 4.21 % | ||
R1 | 11.90 | 0.168 % | ||
Current price | 11.88 | |||
Support | S1 | 11.74 | -1.18% | |
S2 | 11.73 | -1.26% | ||
S3 | 11.70 | -1.52% |
FAQ
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