Technical Analysis
Recent price action shows LNG has entered a bearish trend, with the stock declining from $226.92 to $221.16 last week. The stock is trading below its recent highs of $257.65 and showing signs of continued weakness.
News Sentiment & Fundamental Factors
Price Prediction for Next Week Based on technical analysis and bearish options flow:
Target Scenarios:
Recommendation: SELL
The price of LNG is predicted to go up 8.2%, based on the high correlation periods with MOH. The similarity of these two price pattern on the periods is 94.92%.
LNG
MOH
At $600-$700/ton for incremental capacity expansion projects, Cheniere has some of the lowest-cost LNG projects on the global cost curve, well below the U.S. average of $800/ton and similar targets by Australian LNG producers.
Cheniere's contracts are very strong, with no price reopeners, no linkage to oil prices, and flexibility on delivery points.
Cheniere should have billions of dollars to deploy over the next few years toward stock repurchases, dividends or distributions, or further LNG projects.
Scotiabank
2025-01-21
Price Target
$242 → $247
Downside
-1.05%
Barclays
2025-01-16
Price Target
$202 → $253
Downside
-0.26%
Scotiabank
2025-01-10
Price Target
$242
Upside
+7.45%