stock price does not match oil price and trend on nasdaq or oil. In past weeks we seen rallies with lower price and bounce back. By what is this stock driven? --- currently Nasdaq is green with good recovery prospect as well as Oil, but SM stay still.
Does anyone have any insight to this? We are going on 5 weeks of this kind of activity. It's not following oil either. Oil will be stable and we'll see crashes like this anyway? I hit long in March and everyday its been hard not to pull the trigger and get out. I'm trying not to panic because we are still not out of the pandemic and back to normal where demand should put us back into great SP positions by the end of year or mid next year. This is just so painful to watch. $OVV, $SM
R
Looks like upward carryover from yesterday likely today. Oil price trending nicely upward overnight, at least for now. Over head resistance is $17.11 - 10 day sma, and $17.25 - 21 day sma. They gave some moderate support on the way down, then failed, maybe a little resistance on the way back up, a price level to watch. Yesterday, price got pretty close to the upwardly sloping 50 day sma @$15.12, as close as it has been since the rally began last year. Is a big bounce in the cards? SM price has blown right thru these upward resistance levels with no regard for technicals in the past during short squeezes. Is this the start of a new leg up or a retest of the high $18, either way, GL.
Not sure why GTE is not moving up with other oil companies during the rise in Brent Oil Price. Other companies like $SM and $XLE (which is a mutual fund of 10 oil companies) have risen significantly over the last few months but this company is falling (except for today thank goodness). I understand that $GMT is unloading, but not sure why they are unloading (other than they lost a lot in TSLA). This is my only oil stock that is floundering. Keep hearing May will be the turn around. I hope that is the case. GLTA!
A
will it go lower today to sm50? or bounce back up?
A
As I said today will be red. However, this afternoon and tomorrow may be green.
Looking for a re-entry point, MM taking out stops today, how far can he go before a snap back reaction? Rapidly rising 50 day sma @ $15.60? Need to recover 10 & 21 day sma’s soon to continue a possible breakout rally. Oil price action pretty hard to predict in the short term, lots of noise
A
Hope it pass $20 this Friday.
T
DENVER, April 8, 2021 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors has approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on May 7, 2021, to stockholders of record as of the close of business on April 23, 2021. The Company currently has approximately 114.7 million shares of common stock outstanding.
J
been holding since 1.19, 1.48 and 1.95 from one year ago. still holding.
A
Hope we can experience new high for the past 52-weeks tomorrow.
G
let's hope the earnings are good and see 20$, the oil price is up in Q1.
A
why the drop when oil is up by 2.2% ?
T
One stock that might be an intriguing choice for investors right now is SM Energy Company SM. This is because this security in the Oil and Gas - Exploration and Production - United States space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
M
cdev just broke past 20%. Come on sm!
G
Another day of red, stay strong !
G
they are shorting the whole market! stay strong, the weak will fall!
k
I think we will finish the day green. Crude oil is the only thing green today, rest of the market is pulling back. Plus look at that entry!! That’s the best entry in a month!
A
Feel tomorrow could be a day of red. Sold all mine today for security.
In past weeks we seen rallies with lower price and bounce back.
By what is this stock driven? --- currently Nasdaq is green with good recovery prospect as well as Oil, but SM stay still.
Is it 50 day sma resistance