Do Traders Think Cheniere Energy, Inc. (LNG) Can Keep Climbing Monday?

Overall market sentiment has been high on Cheniere Energy, Inc. (LNG) stock lately. LNG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Cheniere Energy, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LNG!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LNG Stock Today?

Cheniere Energy, Inc. (LNG) stock is trading at $167.20 as of 1:05 PM on Monday, Oct 3, a rise of $1.29, or 0.78% from the previous closing price of $165.91. The stock has traded between $166.61 and $172.33 so far today. Volume today is low. So far 1,939,402 shares have traded compared to average volume of 3,224,082 shares. To see InvestorsObserver's Sentiment Score for Cheniere Energy, Inc. click here.

More About Cheniere Energy, Inc.

Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the under-development Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes. Click Here to get the full Stock Report for Cheniere Energy, Inc. stock.