Recent Price Trend in Consol Energy (CEIX) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the need for sound fundamentals and positive earnings estimates to maintain momentum. Group 1: Stock Performance - Consol Energy (CEIX) has shown a solid price increase of 4.7% over the past 12 weeks, indicating investor willingness to pay more for potential upside [4] - CEIX has experienced a price increase of 17.3% over the past four weeks, suggesting that the upward trend is still intact [5] - Currently, CEIX is trading at 81.1% of its 52-week high-low range, indicating a potential breakout [5] Group 2: Fundamental Strength - CEIX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like CEIX that are on an uptrend supported by strong fundamentals [3] - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8]