CIVITAS RESOURCES INC (CIVI)

US17888H1032 - Common Stock

78.315  +1.34 (+1.75%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CIVI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CIVI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
In the last month CIVI has a been trading in the 70.17 - 77.52 range, which is quite wide. It is currently trading near the high of this range.
CIVI has an average volume of 1491200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CIVI is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CIVI is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, CIVI did better than 59% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CIVI Weekly chart
CIVI Daily chart
Setup Rating and Analysis

3

Although CIVI has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

61.05

79.62

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 77.11 to 77.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 72.63 to 73.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 70.55 to 71.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @63.91 from a trend line in the weekly time frame.
  • Support @61.67 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @78.83 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.75
Mansfield-0.47
10 Day High77.52
10 Day Low70.17
20 Day High77.52
20 Day Low70.17
52 Week High86.58
52 Week Low60.38
Performance
1 Week8.78%
2 Weeks4.64%
1 Month0.65%
3 Month24.67%
6 Month13.01%
12 Month15.71%
2 Year0.81%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.27
RSI(14)63.12
LBB70.08
UBB77.31
CIVI Daily chart

CIVITAS RESOURCES INC

NYSE:CIVI (5/9/2024, 2:49:06 PM)

78.315

+1.34 (+1.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.75%
1 Week8.78%
2 Weeks4.64%
1 Month0.65%
3 Month24.67%
6 Month13.01%
12 Month15.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.02
ATR(20)%2.63%
ATR Inc
Range Today1.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High77.52
10 Day Low70.17
20 Day High77.52
20 Day Low70.17
52 Week High86.58
52 Week Low60.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume529.61K
Volume Incr38.13%
Vol(5)1.64M
Vol(50)1.49M