COMSTOCK RESOURCES INC (CRK) Stock Technical Analysis
USA - NYSE:CRK - US2057683029 - Common Stock
Overall CRK gets a technical rating of 8 out of 10. In the past year, CRK was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although CRK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.60
2 important support areas can be observed.
- Support @17.80 from a trend line in the daily time frame.
- Support @16.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.81 to 21.81. 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 | NEUTRAL | NEUTRAL | The long term trend for CRK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRK is up. |
| ChartMill Relative Strength | 93.18 | POSITIVE | CRK has a high relative strength, it outperformed 93.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRK is above 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) | 68.68 | NEUTRAL | The RSI value for CRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests CRK has a positive trend. |
| Stochastics (14,3) | 84.81 | OVERBOUGHT | The high Stochastics value suggests CRK may be overbought. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for CRK suggests high volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for CRK suggests a possible start of a new trend. |
21.8
+0.66 (+3.12%)
COMSTOCK RESOURCES INC / CRK FAQ
What is the technical rating for CRK stock?
ChartMill assigns a technical rating of 8 / 10 to CRK.
What is the trend direction for CRK stock?
The current trend direction for COMSTOCK RESOURCES INC (CRK) is Bearish.
What is the RSI signal for CRK stock?
COMSTOCK RESOURCES INC (CRK) has an RSI value of 68.682. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COMSTOCK RESOURCES INC?
The MACD indicator for COMSTOCK RESOURCES INC (CRK) has a value of 0.378636, indicating a bearish trend.
Can you provide the short term momentum for COMSTOCK RESOURCES INC?
The short term momentum for COMSTOCK RESOURCES INC (CRK) is positive.