$EXE +4.88% Breaks Above $104 Testing $107 Resistance
$EXPAND ENERGY CORPORATION(EXE)$
EXE Jumps +4.88%: Energy Stock Breaks Above $104, Testing $107 Resistance
Latest Close Data
Closed at $104.75 (Jan 21, 2026), up +4.88% ($4.87). Currently sits ~17.3% below its 52-week high of $126.62.
Core Market Drivers
The stock rallied on strong volume, potentially driven by sector rotation into energy and value stocks. The company's forward P/E of 11.05 remains significantly below its historical average, attracting value investors.
Technical Analysis
Volume surged to 5.65M shares (Volume Ratio 1.61), confirming the bullish breakout.
The 6-day RSI jumped to 55.66, indicating a strong shift from oversold conditions.
MACD shows DIF (-2.94) and DEA (-2.63) remain negative but are converging, with the MACD histogram improving to -0.61, signaling diminishing bearish momentum.
Key Price Levels
Primary Support: $103.31 (previous resistance turned support).
Strong Resistance: $107.91 (key technical hurdle from prior session).
Immediate Pivot: $104.75 (today's close, crucial for continuation).
Valuation Perspective
Forward P/E of 11.05 is deeply discounted compared to its historical average of 31.67, suggesting significant upside potential if earnings stabilize. P/S ratio of 2.31 is also reasonable for the energy sector.
Analyst Targets
26 analysts cover EXE with an average price target of $134.42 (+28.3% upside). Sentiment is bullish with 10 Strong Buy, 16 Buy, and 3 Hold ratings.
Weekly Outlook
Expect consolidation between $103 and $108. A decisive break above $107.91 could target the $112-$115 zone. Failure to hold $103 may lead to a retest of the $100 psychological level.
Risk Disclaimer
This content is for informational purposes only and not financial advice. Trading involves risk, including potential loss of principal. Past performance does not guarantee future results. Please conduct your own research or consult a financial advisor before making any investment decisions.
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