Cheniere Energy Partners, L.P., National Fuel Gas Company, MPLX LP are the ones to notice as they lead energy stocks on an uptrend.
Markets completed a mixed session today while Dow Jones ended the session at 34,347 after a 0.45% gain. Nasdaq slipped 0.52% and closed at 11,226.
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.
Goes up for 11 days and gaining 13.92%: Cheniere Energy Partners closes at $61.21 after gaining 1.69%
11 days and $6.46 of gains are not enough for Cheniere Energy Partners, L.P.. Cheniere Energy Partners lived up to expectations today by maintaining its set course — after closing Wednesday at $60.19, Cheniere Energy Partners closed at $61.21 today after climbing to $61.57 and dropping back down. The day's trading volume totalled 195,726 shares — slightly below the 21-day average of 208,555.
Ascends for 5 days (+4.63%): Today National Fuel Gas increased by 1%, ended the session at $65.8
National Fuel Gas is on a 5 day bullish run gaining $2.26 (4.63%). today's session pointed in the same direction — after ending Wednesday's session at $65.15, National Fuel Gas went up to $65.85 today only to fall back and close at $65.8. Today's trading volume was 129,186 shares which is under the 21-day average of 442,451.
Ascends for 5 days and going up 4.09%: MPLX closes at $33.63 after gaining 0.78%
MPLX continues a 5 day surge, reaping a total of 4.09%. today's session pointed in the same direction — having ended a bullish session today at $33.63, momentum helped MPLX finish the day 26 cents or 0.78% higher, although mixed sentiments ensured the diversified master limited partnership etched out a distinct $33.52 to $33.84 session range. The day's trading volume totalled 799,213 shares — lower than the 21-day average of 1.77 million.
A 2.74% increase in 9 days: Bullish mood lifts HollyFrontier to session high of $37.26
9 days and 26 cents of gains were not enough. it was more of the same for HollyFrontier today — HollyFrontier went up to $36.39 today after ending Wednesday at $35.68. Overall, a 2% move or 71 cents. Daily trading volume (4.78 million shares) increased, making up 119% of the 21-day average (4 million).