CRESCENT ENERGY INC-A (CRGY) Stock Technical Analysis
NYSE:CRGY - New York Stock Exchange, Inc. - US44952J1043 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CRGY. CRGY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than CRGY.
CRGY is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 80% are performing better than CRGY.
CRGY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRGY is lagging the market.
CRGY has an average volume of 4110210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CRGY has a been trading in the 7.71 - 9.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CRGY is bad and it also does not present a 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.
More info and screens
8.25
9.61
When analyzing the support we notice one important area.
- Support @8.33 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.70 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.03 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.51 from a horizontal line in the daily time frame.
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 CRGY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRGY is down. |
| ChartMill Relative Strength | 11.06 | NEGATIVE | CRGY has a low relative strength, it was outperformed by 88.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRGY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRGY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRGY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.29 | NEUTRAL | The RSI value for CRGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CRGY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.11 | NEUTRAL | The Stochastics value for CRGY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for CRGY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.71 | NEGATIVE | The low ADX value for CRGY suggests a weak or negative trend. |
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)
8.54
-0.08 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.93%
1 Week-6.46%
2 Weeks-0.23%
1 Month-2.06%
3 Month-40.11%
6 Month-44.11%
12 Month-30.96%
2 Year-9.25%
3 Year-52.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.55%
ATR Inc-24.32%
Range Today0.25
ADR(20)0.32
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.06
Mansfield-3.07
10 Day High9.64
10 Day Low8.33
20 Day High9.64
20 Day Low7.71
52 Week High16.94
52 Week Low6.83
CS1 End8.33
CR1 Start8.7
Volume & EV
DER(3)1.94%
DER(5)1.42%
Volume3.57M
Volume Incr-16.19%
Vol(5)3.05M
Vol(50)4.11M