After solid earnings, SWN just started moving up within the last few days with the price of Natural Gas.
The stock is trading at an extreme discount to other Natural Gas Companies.
Looking at the Weekly Chart... (We are not day traders)
Accum/Dist - Trending Up - BULLISH
On Balance Volume Trending Up - BULLISH
Stochastics Trending Up, Just Crossed the center line - BULLISH
RSI trending up, just crossed the center line - BULLISH
MACD flat looking to break up - BULLISH
Looking at the Monthly Chart...
All indicators mentioned above are trending up - BULLISH
RSI and MACD indicators look like the stock is going to run much higher!
RSI is trending up and HAS NOT even come close to the center line - BULLISH
MACD is below the center line trending up - BULLISH
SWN has plenty of room on the monthly chart to spike up to the $22.00 a share price!
Southwestern Energy Company (NYSE:SWN) is trading with a trailing P/E of 5.5, which is lower than the industry average of 13.6.
Summary for Southwestern Energy (SWN)
Profitable and cash flow neutral.
Trading at deep discount on price to book value multiple and price to net income multiple basis.
No significant debt maturity till 2022.
Cash on hand represents 50% of the market cap.
Increased focus on shareholder value.
"Seeking Alpha Article"