CRESCENT ENERGY INC-A (CRGY) Stock Technical Analysis
USA - NYSE:CRGY - US44952J1043 - Common Stock
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.
Although the technical rating is bad, CRGY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.04, a Stop Loss order could be placed below this zone.
More info and screens
7.86
When analyzing the support we notice one important area.
- A support zone ranging from 7.94 to 8.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.28 to 8.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.37 from a trend line in the daily time frame.
- A resistance zone ranging from 9.78 to 9.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for CRGY is neutral. |
| ChartMill Relative Strength | 9.9 | NEGATIVE | CRGY has a low relative strength, it was outperformed by 90.1% 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) | 42.62 | NEUTRAL | The RSI value for CRGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CRGY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.12 | NEUTRAL | The Stochastics value for CRGY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for CRGY suggests high volalility. |
| Average Directional Index/ADX (14) | 9.26 | NEGATIVE | The low ADX value for CRGY suggests a weak or negative trend. |
8.05
-0.49 (-5.74%)
CRESCENT ENERGY INC-A / CRGY FAQ
Can you provide the ChartMill technical rating for CRESCENT ENERGY INC-A?
ChartMill assigns a technical rating of 0 / 10 to CRGY.
What is the current trend direction of CRESCENT ENERGY INC-A (CRGY) stock?
The current trend direction for CRESCENT ENERGY INC-A (CRGY) is Bearish.
What is the RSI signal for CRGY stock?
CRESCENT ENERGY INC-A (CRGY) has an RSI value of 42.618. This indicates that the stock is currently neutral.
What are the support and resistance levels for CRESCENT ENERGY INC-A (CRGY) stock?
CRESCENT ENERGY INC-A (CRGY) has a support level at 8.04 and a resistance level at 8.28. Check the full technical report for our detailed analysis of CRGY support and resistance levels.