CRESCENT ENERGY INC-A (CRGY) Stock Technical Analysis
NYSE:CRGY - US44952J1043 - Common Stock
9.54 USD
-0.07 (-0.73%)
9.6 USD
+0.06 (+0.63%)
We assign a technical rating of 5 out of 10 to CRGY. Recently some decent action could be observed, but in the medium term time frame this is still negative. CRGY was also a bad performer in the overall market in the last year.
76% of all other stocks performed better in the past year than CRGY.
CRGY is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 66% are performing better than CRGY.
CRGY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CRGY has a been trading in the 8.76 - 9.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CRGY has an average volume of 3680320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, CRGY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.71. Right above this resistance zone may be a good entry point.
More info and screens
8.14
10.05
We found 5 important support areas.
- A support zone ranging from 9.35 to 9.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.10 to 9.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.68 to 8.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.39 from a horizontal line in the daily time frame.
- Support @8.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.71 to 9.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.95 to 9.95. 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 | UP | POSITIVE | The short term trend for CRGY is up. |
| ChartMill Relative Strength | 24.3 | NEGATIVE | CRGY has a low relative strength, it was outperformed by 75.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRGY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRGY is above the rising 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) | 53.71 | NEUTRAL | The RSI value for CRGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CRGY has a positive trend. |
| Stochastics (14,3) | 56.7 | NEUTRAL | The Stochastics value for CRGY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CRGY suggests some volalility. |
| Average Directional Index/ADX (14) | 11.98 | 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)
9.54
-0.07 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.73%
1 Week-4.02%
2 Weeks1.27%
1 Month6.47%
3 Month13.71%
6 Month-24.41%
12 Month-20.03%
2 Year-30.01%
3 Year-44.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%4.66%
ATR Inc-28.48%
Range Today0.18
ADR(20)0.42
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.3
Mansfield-2.41
10 Day High9.99
10 Day Low8.82
20 Day High9.99
20 Day Low8.76
52 Week High16.94
52 Week Low6.83
CS1 End9.41
CR1 Start9.71
Volume & EV
DER(3)1.19%
DER(5)1.03%
Volume3.72M
Volume Incr200.12%
Vol(5)8.97M
Vol(50)3.68M