CONSOL Energy Inc. (CEIX) - FA and TA

As we have seen stocks with strong financials are being favored and rewarded by the market in the long-term, I think it is important we understand CEIX’s ROE (Return On Equity).

To investors like myself, I would pay particular attention on how the company is using the capital provided by shareholders like us to reinvest effectively.

This is a measure of profitability ratio which measures the rate of return on the capital provided by the company's shareholders.

CEIX has an outstanding ROE of 55.7%.

I will be sharing on how the Technical Analysis are showing for CEIX in the next few sections.

CEIX is currently trading way above its 50-day MA period, and it has given returns of more than 60% till date.

I would be expecting more upside coming.

ADX is above 40 indicating a Strong Trend and +DI is above -DI by a huge margin suggesting a bullish upside potential.

I believe there might be some small correction before going higher with an improvement in its ROE.

Investors are positive in long position as we can see CEIX retake the overbought region. I would see more potential buying opportunities for this stock.

But do watch out for the price action to see if there is any news that might affect this stock.

From CEIX strong ROE, this company is making use of the capital very effectively and generating very good returns for their investors. This could mean there might be plan for it to go higher.

I would continue to watch their development and also their next earnings release.

Appreciate if you could share your thoughts in the comment section whether you think CEIX would be continuing its run higher.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.