CIVITAS RESOURCES INC (CIVI) Stock Technical Analysis
NYSE:CIVI - New York Stock Exchange, Inc. - US17888H1032 - Common Stock - Currency: USD
Taking everything into account, CIVI scores 0 out of 10 in our technical rating. CIVI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CIVI is a bad performer in the overall market: 95% of all stocks are doing better.
CIVI is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 88% are performing better than CIVI.
CIVI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CIVI is lagging the market.
In the last month CIVI has a been trading in the 25.86 - 32.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CIVI has an average volume of 2254540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CIVI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.37
55.29
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 29.24 to 29.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.13 to 30.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.74 from a trend line in the daily time frame.
- Resistance @40.76 from a trend line in the weekly time frame.
- Resistance @54.74 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CIVI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIVI is down. |
| ChartMill Relative Strength | 5.17 | NEGATIVE | CIVI has a low relative strength, it was outperformed by 94.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIVI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.69 | NEUTRAL | The RSI value for CIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CIVI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.92 | NEUTRAL | The Stochastics value for CIVI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for CIVI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.09 | NEGATIVE | The low ADX value for CIVI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
27.65
+0.02 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.07%
1 Week-8.23%
2 Weeks-0.04%
1 Month-6.21%
3 Month-43.64%
6 Month-47.63%
12 Month-61.55%
2 Year-58.61%
3 Year-63.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%5.38%
ATR Inc-30.26%
Range Today1.22
ADR(20)1.24
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.17
Mansfield-4.57
10 Day High32.14
10 Day Low26.7
20 Day High32.14
20 Day Low25.86
52 Week High74.04
52 Week Low22.79
CS1 EndN/A
CR1 Start29.24
Volume & EV
DER(3)0.73%
DER(5)0.57%
Volume1.56M
Volume Incr-21.23%
Vol(5)1.47M
Vol(50)2.25M