Cheniere Energy Jumps 5.44% On Record Volume As Technicals Flash Bullish Signals

Cheniere Energy (LNG) recorded a 5.44% gain on July 18, 2025, closing at $244.28, marking its second consecutive daily advance with a cumulative 5.52% rise over this period. This price action occurred alongside a significant surge in trading volume (5.41 million shares), the highest single-day volume observed in the provided dataset, underscoring strong bullish conviction.
Candlestick Theory
The latest session formed a robust bullish candle, engulfing the prior two days’ range and breaching the $240 resistance level. A key near-term resistance is established at $245.57 (July 18 high), while support converges at $230–$232, aligning with consolidation lows from mid-July. This pattern echoes a "bullish engulfing" formation, suggesting continuation potential if the breakout holds.
Moving Average Theory
The 50-day MA (approximated at $229) and 100-day MA (near $220) both slope upward, confirming an intermediate bullish trend. Price remains firmly above both averages, with the 50-day providing dynamic support during July’s consolidation. The golden cross (50-day above 100-day) established in Q1 2025 persists, reinforcing structural strength. Insufficient data precludes a reliable 200-day MA calculation.
MACD & KDJ Indicators
MACD histogram shows expanding bullish momentum, with the signal line crossing above zero recently—a sign of accelerating upside potential. KDJ registers an overbought condition (K=89, D=84, J=99), though its ascent alongside price suggests aligned momentum rather than immediate exhaustion. Divergence is absent, but overbought KDJ readings warrant vigilance for near-term consolidation.
Bollinger Bands
Price rebounded sharply from the lower band near $230 last week, piercing the 20-day SMA ($235) and now testing the upper band at $245. Bandwidth expansion reflects rising volatility, with the breakout backed by high volume—a statistically robust signal. A sustained hold above $240 may trigger further band expansion.
Volume-Price Relationship
The 5.41M share volume on July 18 dwarfs the 30-day average by 200%, providing high-confidence validation for the breakout. Volume surged 217% above the prior session during the rally, eliminating bearish divergence risks. Volume profile highlights major support at $180–$190 (Q4 2024 base) and resistance at $250, the all-time high from January 2025.
Relative Strength Index (RSI)
Daily RSI (14-period) at 67 approaches overbought territory but remains below the 70 threshold. Its ascent without divergence supports the uptrend. Weekly RSI (not calculated) likely mirrors this strength. Though not yet overbought, proximity to 70 may induce short-term consolidation, particularly given KDJ’s overbought alignment.
Fibonacci Retracement
Using the swing low of $175.55 (August 2, 2024) and high of $257.65 (January 16, 2025), key retracement levels emerge: 38.2% ($198), 50% ($216.60), and 61.8% ($235). Recent price stabilized near the 61.8% level ($235), which now acts as major support. The current rally faces resistance at the 78.6% retracement ($245.60), precisely aligning with July 18’s high—creating a high-probability reversal zone if tested again without consolidation.
Confluence and Divergence Observations
Confluence of bullish signals is evident: the volume-validated candlestick breakout aligns with moving average support, MACD acceleration, and Fibonacci-based momentum. Bollinger Band expansion corroborates volatility-driven upside. No material divergences appear, though KDJ’s overbought stance and RSI’s proximity to 70 create minor caution near the $245–$250 resistance cluster. Overall, technical structure favors continuation upon consolidation, with sustained trade above $240 opening a path toward the $250 historic resistance.