Don’t Get Caught Up In Reefer Madness: Southwestern Energy Company (SWN), Nabors Industries Ltd. (NBR)

The stock of Southwestern Energy Company (NYSE:SWN) recorded 4.12% uptrend from the beginning of this year till date. The 12-month potential price target for Southwestern Energy Company is set at $6.34. This target means that the stock has an upside potential to increase by 9.12% from the current trading price. SWN went down by -$0.02 now trading at $5.81. Their shares witnessed a 69.88% increase from the 52-week low price of $3.42 they recorded on 2018-02-09. Even though it is still -15.66% behind the $6.72 high touched on 2017-11-10. The last few days have been good for the stock, as its price has grew by 8.8% during the week. It has also performed better over the past three months, as it added around 7.2% while it has so far retreated around -5.37% during the course of a year.

When giving their opinion, around 10.71% of Wall Street analysts, which represents 3 out of 28 rated the stock as a Buy. 20 brokerage firms of the remaining 71.43% rated the stock as a Hold with 5 analyst rating it as a sell. Overall, the number of aggregate SWN shares held by institutional investors represents 93.3% of total shares. 34 institutions entered new Southwestern Energy Company (NYSE:SWN) positions, 160 added to their existing positions in these shares, 153 lowered their positions, and 47 exited their positions entirely.

Southwestern Energy Company (SWN) trade volume has decreased by -32.11% as around 14,365,435 shares were sold when compared with its 50-day average volume of traded shares which is 21,161,240. At the moment, SWN is witnessing a uptrend, as it is trading 7.9% above its 20-day SMA, 8.88% above its 50-day SMA, and 20.21% above its 200-day SMA. The company runs an ROE of roughly 22.9%, with financial analysts predicting that their earnings per share growth will be around 6.63% per annum for the next five year. This will be compared to the 22.9% increase witnessed over the past five years.

The first technical resistance point for Southwestern Energy Company (NYSE:SWN) will likely come at $5.94, marking a 2.19% premium to the current level. The second resistance point is at $6.07, about 4.28% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $5.49, the lower end of the range. SWN’s 14-day MACD is 0.48 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 60.29, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 56.03 percent, which is high when compared to that of the 50-day’s 54.73 percent.

The shares of Nabors Industries Ltd. (NYSE:NBR) has decreased by -1.98%, and now trading at $5.45 on the Wall Street in the intra-day deal, with their shares traded now around 12,048,733. This is a rise of 24,051 shares over the average 12,024,682 shares that were traded daily over the last three months. The stock that is trading at $5.45 went higher by 21.38% from its 52-week low of $4.49 that it attained back on 2018-10-30. The stock recorded a 52-week high of $8.86 nearly 175 days ago on 2018-05-17.

NBR stock hasn’t performed well over the past 30 days, as it lost -16.67% while its price plunged by -20.2% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 9.66% over the last week. The stock’s 12-month potential target price is now at $8.83. This means that the stock price might likely increase by 62.02% from its current trading price.20 out of 24 Wall Street analysts which represents 83.33% rated the stock as a buy while the remaining 16.67 rated it as a hold, with 0 of analysts rating it as a sell.

Nabors Industries Ltd. (NYSE:NBR) has been utilizing an ROE that is roughly -19.3%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the -29.9% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -3.08% below its 20-day SMA, -8.42% below its 50-day SMA, and -18.95% below its 200-day SMA. In percentage terms, the aggregate Nabors Industries Ltd. shares held by institutional investors is 98.3%. 60 institutions jumped in to acquire Nabors Industries Ltd. (NBR) fresh stake, 183 added to their current holdings in these shares, 116 lowered their positions, and 32 left no stake in the company.

The stock’s 9-day MACD is 0.32 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 48.12, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 71.28 percent, which is more when compared to that of the 50-day’s 50.67 percent. On the daily chart, we see that the stock could reach the first level of resistance at $5.74, sporting a 5.05% premium to the current level. The next resistance point is at $6.03, representing nearly 9.62% premium to the current market price of Nabors Industries Ltd. (NBR). On the other hand, failure to breach the immediate hurdles can drag it down to $5.04, the lower end of the range.