NYSE:CRC - New York Stock Exchange, Inc. - US13057Q3056 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CRC. In the past year, CRC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, CRC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.43, a Stop Loss order could be placed below this zone.
36.81
2 important support areas can be observed.
We can see 4 important resistance areas.
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 CRC is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRC is up. |
ChartMill Relative Strength | 30.84 | NEUTRAL | CRC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRC is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRC is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for CRC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CRC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 76.43 | NEUTRAL | The Stochastics value for CRC is a neutral value. |
Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for CRC suggests some volalility. |
Average Directional Index/ADX (14) | 23.82 | NEUTRAL | The ADX value for CRC suggests a possible start of a new trend. |
42.51
-0.18 (-0.42%)