CALIFORNIA RESOURCES CORP (CRC)

US13057Q3056 - Common Stock

53.6  -1.72 (-3.11%)

After market: 54.65 +1.05 (+1.96%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to CRC. In the last year, CRC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

In the last month CRC has a been trading in the 52.53 - 60.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, CRC turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
CRC is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, CRC did better than 60% of them.
CRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRC is lagging the market.
Weekly and Daily overview Charts
CRC Weekly chart
CRC Daily chart
Setup Rating and Analysis

2

CRC has an average technical rating and it also 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

46.33

60.20

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 53.40 to 53.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @49.93 from a trend line in the weekly time frame.
  • 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.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 59.24 to 59.60. 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
CRS53.26
Mansfield-0.98
10 Day High60.08
10 Day Low52.54
20 Day High60.08
20 Day Low52.54
52 Week High60.41
52 Week Low43.09
Performance
1 Week-9.4%
2 Weeks-10.04%
1 Month-5.25%
3 Month11.34%
6 Month12.84%
12 Month6.79%
2 Year23.19%
3 Year25.5%
5 Year858.86%
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)-0.69
RSI(14)39.29
LBB54.11
UBB60.91
CRC Daily chart

CALIFORNIA RESOURCES CORP

NYSE:CRC (12/6/2024, 8:04:00 PM)

After market: 54.65 +1.05 (+1.96%)

53.6

-1.72 (-3.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.11%
1 Week-9.4%
2 Weeks-10.04%
1 Month-5.25%
3 Month11.34%
6 Month12.84%
12 Month6.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.51
ATR(20)%2.98%
ATR Inc
Range Today2.79
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 High60.08
10 Day Low52.54
20 Day High60.08
20 Day Low52.54
52 Week High60.41
52 Week Low43.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume534.70K
Volume Incr-14.39%
Vol(5)567.40K
Vol(50)626.95K