COMSTOCK RESOURCES INC (CRK) Stock Technical Analysis
NYSE:CRK - US2057683029 - Common Stock
16.35 USD
+0.58 (+3.68%)
16.0869 USD
-0.26 (-1.61%)
We assign a technical rating of 1 out of 10 to CRK. CRK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CRK is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. CRK outperforms 76% of them.
CRK has an average volume of 2692910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CRK outperforms 69% of them, which is more or less in line with the market.
CRK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRK is lagging the market.
In the last month CRK has a been trading in the 14.65 - 17.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRK has a poor technical rating and the quality of the setup is also not perfect 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
14.88
16.51
We found 2 important support areas.
- A support zone ranging from 15.36 to 15.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.03 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 CRK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRK is down. |
| ChartMill Relative Strength | 69.46 | NEUTRAL | CRK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CRK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CRK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.01 | NEUTRAL | The RSI value for CRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests CRK has a positive trend. |
| Stochastics (14,3) | 74.13 | NEUTRAL | The Stochastics value for CRK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CRK suggests some volalility. |
| Average Directional Index/ADX (14) | 40.33 | POSITIVE | The high ADX value value for CRK suggests a strong 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)
16.35
+0.58 (+3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.68%
1 Week4.67%
2 Weeks2.64%
1 Month-8.51%
3 Month-29.83%
6 Month-9.07%
12 Month53.81%
2 Year33.36%
3 Year-16.58%
5 Year183.85%
10 Year7.21%
15 Year-84.98%
Volatility
ATR(14)0.64
ATR(20)%3.98%
ATR Inc30.73%
Range Today0.93
ADR(20)0.6
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.46
Mansfield-1.76
10 Day High16.45
10 Day Low14.65
20 Day High17.77
20 Day Low14.65
52 Week High31.17
52 Week Low9.09
CS1 End15.8
CR1 StartN/A
Volume & EV
DER(3)-1.89%
DER(5)0.66%
Volume2.00M
Volume Incr-27.37%
Vol(5)2.02M
Vol(50)2.69M