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Is a Trend Change in the Offing for Southwestern Energy?

Nicholas Chapman
Is a Trend Change in the Offing for Southwestern Energy?

Two weeks ago, SWN moved above its 50-day moving average. Last week, SWN capitalized on this positive technical posture and rose on four out of five days. On May 17, SWN marked a higher high on the daily chart, indicating the possibility of a trend change for the stock.