Should You Buy Consol Energy Inc (CEIX) Stock After it Has Gained 8.32% in a Week?

The market has been high on Consol Energy Inc (CEIX) stock recently. CEIX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 CEIX Stock Today?

Consol Energy Inc (CEIX) stock is trading at $25.40 as of 1:27 PM on Wednesday, Jan 12, a rise of $0.77, or 3.13% from the previous closing price of $24.63. The stock has traded between $24.71 and $25.92 so far today. Volume today is less active than usual. So far 223,527 shares have traded compared to average volume of 417,623 shares. To screen for more stocks like Consol Energy Inc click here.

More About Consol Energy Inc

CONSOL Energy Inc is a producer and exporter of high-BTU bituminous thermal coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold primarily to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex); CONSOL Marine Terminal and Other. The company generates maximum revenue from the PAMC segment. Click Here to get the full Stock Report for Consol Energy Inc stock.