Range Global Coal ETF Price & Performance (COAL)

The Range Global Coal Index ETF (COAL) is grappling with mixed trading strategies. Short-term signals suggest a potential buy above $17.98, targeting $18.36, while swing trading indicates a short near $18.36 with a downside target of $17.80. Resistance levels remain crucial for traders navigating this volatile stock.1

President Trump has announced plans to bolster coal production, citing its role in stabilizing energy costs amid rising electricity demand. With AI and EV industries driving power consumption, coal's baseload capabilities are being emphasized. The administration aims to prevent coal plant closures while addressing grid infrastructure challenges.2

As global coal production hits record highs, the U.S. faces a paradox: declining domestic use but rising exports. Challenges such as limited port access hinder further growth. Meanwhile, coal's reliability contrasts with renewables' intermittent output, fueling discussions on its necessity for grid stability amid surging electricity demand.2