Southwestern Energy Outperformed Natural Gas Last Week
Last week, Southwestern Energy (SWN) stock rose more than 5% from $4.26 to $4.49. SWN rose on the first four days of last week, followed by a minor decline on Friday. Despite rising prices last week, SWN’s stock price was confined within a horizontal consolidation pattern around its 50-day moving average. Volume remained lower throughout the week, which is a typical characteristic of price consolidation.