COMSTOCK RESOURCES INC (CRK) Stock Technical Analysis
NYSE:CRK - New York Stock Exchange, Inc. - US2057683029 - Common Stock - Currency: USD
Taking everything into account, CRK scores 6 out of 10 in our technical rating. In the last year, CRK was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CRK has a been trading in the 21.26 - 31.17 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.
When comparing the yearly performance of all stocks, we notice that CRK is one of the better performing stocks in the market, outperforming 93% of all stocks.
CRK is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. CRK outperforms 96% of them.
CRK has an average volume of 2359250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
CRK 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.
More info and screens
17.15
22.62
We found 4 important support areas.
- A support zone ranging from 22.15 to 22.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.64 to 20.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.27 from a trend line in the daily time frame.
- A support zone ranging from 17.32 to 17.32. 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 | UP | POSITIVE | The long term trend for CRK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRK is down. |
| ChartMill Relative Strength | 93.88 | POSITIVE | CRK has a high relative strength, it outperformed 93.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CRK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.94 | NEUTRAL | The RSI value for CRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests CRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.29 | OVERSOLD | The low Stochastics value suggests CRK may be oversold. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for CRK suggests high volalility. |
| Average Directional Index/ADX (14) | 33.38 | 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)
22.4
+0.25 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.13%
1 Week-6.71%
2 Weeks-21.13%
1 Month-6.43%
3 Month15.64%
6 Month12.68%
12 Month108.96%
2 Year75.69%
3 Year40.62%
5 Year317.91%
10 Year255.56%
15 Year-82.3%
Volatility
ATR(14)1.21
ATR(20)%6.16%
ATR Inc-15.34%
Range Today0.74
ADR(20)1.29
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.88
Mansfield2.24
10 Day High28.78
10 Day Low21.26
20 Day High31.17
20 Day Low21.26
52 Week High31.17
52 Week Low7.74
CS1 End22.39
CR1 StartN/A
Volume & EV
DER(3)-0.63%
DER(5)-0.85%
Volume1.92M
Volume Incr-12.05%
Vol(5)2.53M
Vol(50)2.36M