CONTINENTAL RESOURCES INC/OK (CLR)

US2120151012 - Common Stock

74.27  +0.03 (+0.04%)

After market: 74.27 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CLR. Both in the recent history as in the last year, CLR has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CLR is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, CLR also shows a nice and consistent pattern of rising prices.
CLR is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. CLR outperforms 99% of them.
CLR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CLR has an average volume of 3591950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CLR has a been trading in a tight range between 73.87 and 74.28.
Weekly and Daily overview Charts
CLR Weekly chart
CLR Daily chart
Setup Rating and Analysis

8

CLR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 74.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.22, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

62.33

75.02

5 important support areas can be observed.

  • A support zone ranging from 74.07 to 74.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 68.22 to 69.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @65.74 from a trend line in the daily time frame.
  • A support zone ranging from 64.05 to 64.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @62.96 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 74.28 to 74.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS95.92
Mansfield2.21
10 Day High74.28
10 Day Low73.97
20 Day High74.28
20 Day Low73.87
52 Week High75.49
52 Week Low40.75
Performance
1 Week0.27%
2 Weeks0.26%
1 Month0.46%
3 Month4.96%
6 Month7.62%
12 Month63.41%
2 YearN/A
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)-0.17
RSI(14)63.99
LBB73.98
UBB74.29
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
74.2974.060.23 (0.31%)25.00%
An entry @74.29. This is a Buy Stop order right above the resistance zone.An exit @74.06. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.23 points, which is 0.31%.For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CLR Daily chart

CONTINENTAL RESOURCES INC/OK

NYSE:CLR (11/22/2022, 7:04:00 PM)

After market: 74.27 0 (0%)

74.27

+0.03 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.04%
1 Week0.27%
2 Weeks0.26%
1 Month0.46%
3 Month4.96%
6 Month7.62%
12 Month63.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%0.18%
ATR Inc
Range Today0.03
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 High74.28
10 Day Low73.97
20 Day High74.28
20 Day Low73.87
52 Week High75.49
52 Week Low40.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.54M
Volume Incr-35.8%
Vol(5)3.10M
Vol(50)3.59M