National Fuel Gas Company, Eni S.p.A., HollyFrontier Corp are the ones to notice as they lead energy stocks on an uptrend.
Markets had an interesting day yesterday; Dow Jones ended the session at 34,000 after a 1.58% gain. S&P 500 gained 1.43% and closed at 3,990.56.
More data out yesterday as United States Federal Budget Balance (Nov) came out at -249 billion, while a consensus of analysts was expecting -248 billion.
What is an uptrend?
A trend is the overall direction of a market or an asset's trading price over a certain period. An uptrend is when the price is generally pointing upwards; there can be certain periods of time when the price falls, yet the trend remains in an upward direction.
A 4 day uptrend, surges by 3.52%: National Fuel Gas gains 2.51% within $63.1 to $64.78 daily range
National Fuel Gas Company has posted further gains as part of a 4 day trend that has already seen the stock gain 62 cents. yesterday's session pointed in the same direction — the natural gas distributor topped out at $64.78 having ended yesterday at $64.65. However, despite early momentum, the stock gave up its gains to now trade at $64.65. The day's trading volume totalled 346,085 shares — slightly below the 21-day average of 414,444.
At $28.8, ENI continues its uptrend: ENI ended yesterday at $28.8, a 2.45% increase
ENI has posted further gains as part of a 3 day trend that has already seen the stock gain 13 cents. yesterday's session pointed in the same direction — the multinational Italian "supermajor" went up to $28.8, gaining 2.45%. Yesterday's trading volume was 404,904 shares which is slightly under the 21-day average of 546,346.
At $28.8, ENI continues its uptrend: ENI ended yesterday at $28.8, a 2.45% increase
ENI has posted further gains as part of a 3 day trend that has already seen the stock gain 13 cents. yesterday's session pointed in the same direction — the multinational Italian "supermajor" went up to $28.8, gaining 2.45%. Yesterday's trading volume was 404,904 shares which is slightly under the 21-day average of 546,346.
At $28.8, ENI continues its uptrend: ENI ended yesterday at $28.8, a 2.45% increase
ENI has posted further gains as part of a 3 day trend that has already seen the stock gain 13 cents. yesterday's session pointed in the same direction — the multinational Italian "supermajor" went up to $28.8, gaining 2.45%. Yesterday's trading volume was 404,904 shares which is slightly under the 21-day average of 546,346.