The tweet was deleted by the author.
But we saved everything 🙂.
CNX Resources addressed the effect of inflation on its business during its quarterly earnings call, stating that rising diesel and steel costs are adding less than 1% to capital spending due to emission reduction initiatives and earlier investments. The stock is down 3.3% on the day at $36.79.
CNX Resources addressed analyst questions about inflation during its Q3 earnings call, noting that rising diesel and steel costs are affecting its capital program by less than 1%. The company attributed this limited impact to its emission reduction initiatives and investments made in prior years. CNX Resources delivered earnings and revenue surprises of -6.15% and -6.87%, respectively, for the quarter ended September 2026, according to Yahoo! Finance.
View post on X Loading...
A gap down from $38.07 to $37.35 marked the session's open, diverging from the prevailing bullish pattern. Shares of CNX Resources remain above their MA-20, MA-50, and MA-200, which keeps the daily trend intact. However, RSI at 61.4 is approaching overbought territory, indicating the recent advance may be running up against technical limits. The nearest support lies at MA-200 at $36.41.
A close above $39 would indicate buyers are prepared to push the price higher, establishing the event’s acceptance. The session began with a gap down, starting at $37.35 after a prior finish at $38.07, highlighting some early downside volatility. Over the coming trading week, there is a 73% probability of upside and a 27% probability of downside, with the expected range between $35.23 and $38.34. Even so, this follows a sustained move higher with a firm trend over the past week. A drop below $36.41 would show the move is being faded. On the weekly chart the longer-term picture stays constructive.
Earlier, analysts noted that CNX Resources' price action remained guided by technical factors, with traders focused on signals for sustained momentum. The latest earnings call introduces operational color by quantifying inflation's limited impact, so traders should monitor whether shares can maintain support above the $36.41 level amid evolving cost pressures.