CIVITAS RESOURCES INC (CIVI) Stock Technical Analysis
USA - NYSE:CIVI - US17888H1032 - Common Stock
33.56 USD
+1.17 (+3.61%)
33.57 USD
+0.01 (+0.03%)
We assign a technical rating of 4 out of 10 to CIVI. Recently some decent action could be observed, but in the medium term time frame this is still negative. CIVI was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than CIVI.
CIVI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 78% of 210 stocks in the same industry do better.
In the last month CIVI has a been trading in the 31.53 - 37.45 range, which is quite wide. It is currently trading near the lows of this range.
CIVI has an average volume of 2505950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CIVI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIVI is lagging the market.
Although the technical rating is only medium, CIVI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 32.61, a Stop Loss order could be placed below this zone.
More info and screens
26.76
37.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.05 to 32.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.04 from a trend line in the daily time frame.
- Support @27.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @34.96 from a trend line in the weekly time frame.
- A resistance zone ranging from 36.26 to 36.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CIVI is neutral. |
| ChartMill Relative Strength | 11.15 | NEGATIVE | CIVI has a low relative strength, it was outperformed by 88.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CIVI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIVI is above the rising 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) | 51.19 | NEUTRAL | The RSI value for CIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests CIVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.89 | OVERSOLD | The low Stochastics value suggests CIVI may be oversold. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CIVI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.04 | 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)
33.56
+1.17 (+3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.61%
1 Week3.2%
2 Weeks-10.2%
1 Month0.18%
3 Month3.55%
6 Month-3.54%
12 Month-38.21%
2 Year-58.5%
3 Year-41.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%4.54%
ATR Inc-34.29%
Range Today1.01
ADR(20)1.42
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.15
Mansfield-2.29
10 Day High36.6
10 Day Low32.12
20 Day High37.45
20 Day Low31.53
52 Week High55.35
52 Week Low22.79
CS1 End32.61
CR1 Start34.96
Volume & EV
DER(3)0.22%
DER(5)1.59%
Volume1.91M
Volume Incr-29.67%
Vol(5)2.19M
Vol(50)2.51M