Southwestern Energy Co.(SWN) has rising momentum with an uptrend

(25-Apr-2008) (25-Apr-2008) Southwestern Energy Co.(SWN) closed at 44.46, up 6.87 or 18.28 % for the day. Based on our analysis, Southwestern Energy Co.(SWN) has rising momentum with an uptrend.

The closing price of Southwestern Energy Co.(SWN) is above its 50 day moving average of 34.49 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Southwestern Energy Co.(SWN) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line today, let us see if it sustains.