CALIFORNIA RESOURCES CORP (CRC)

US13057Q3056 - Common Stock

51.12  +0.74 (+1.47%)

After market: 51.12 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to CRC. CRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

74% of all other stocks performed better in the past year than CRC.
In the last month CRC has a been trading in the 49.45 - 54.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CRC is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, CRC did better than 43% of them.
CRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CRC Weekly chart
CRC Daily chart
Setup Rating and Analysis

7

CRC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

46.33

58.59

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 48.94 to 49.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 46.80 to 46.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 51.51 to 52.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @55.58 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 57.20 to 58.01. 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
CRS26.27
Mansfield-1.38
10 Day High53.85
10 Day Low49.45
20 Day High54.12
20 Day Low49.45
52 Week High58.44
52 Week Low43.3
Performance
1 Week-1.48%
2 Weeks-0.54%
1 Month-2.89%
3 Month-6.89%
6 Month0.49%
12 Month-2.78%
2 Year13.95%
3 Year81.86%
5 Year215.56%
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)-0.29
RSI(14)50.17
LBB49.74
UBB53.33
CRC Daily chart

CALIFORNIA RESOURCES CORP

NYSE:CRC (7/26/2024, 7:23:27 PM)

After market: 51.12 0 (0%)

51.12

+0.74 (+1.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.47%
1 Week-1.48%
2 Weeks-0.54%
1 Month-2.89%
3 Month-6.89%
6 Month0.49%
12 Month-2.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.46
ATR(20)%2.86%
ATR Inc
Range Today1.15
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 High53.85
10 Day Low49.45
20 Day High54.12
20 Day Low49.45
52 Week High58.44
52 Week Low43.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume631.30K
Volume Incr-50.44%
Vol(5)571.80K
Vol(50)998.99K