COMSTOCK RESOURCES INC (CRK)

US2057683029 - Common Stock

11.91  -0.25 (-2.06%)

After market: 11.91 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CRK. Both in the recent history as in the last year, CRK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
CRK is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 212 stocks in the same industry.
CRK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CRK is lagging the market slightly.
In the last month CRK has a been trading in the 10.27 - 12.39 range, which is quite wide. It is currently trading near the high of this range.
CRK has an average volume of 3063560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CRK did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
CRK Weekly chart
CRK Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, CRK also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.08

13.45

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 11.60 to 11.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @10.80 from a horizontal line in the daily time frame.
  • Support @9.17 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 13.17 to 13.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.36
Mansfield-0.03
10 Day High12.39
10 Day Low11.24
20 Day High12.39
20 Day Low10.27
52 Week High13.39
52 Week Low7.07
Performance
1 Week1.45%
2 Weeks6.15%
1 Month11%
3 Month48.88%
6 Month33.52%
12 Month13.75%
2 Year-1.41%
3 Year78.56%
5 Year113.82%
10 Year-91.74%
15 Year-92.79%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)65.2
LBB10.78
UBB12.34
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
12.4011.590.81 (6.53%)15.31%
An entry @12.40. This is a Buy Stop order right above the 10 day high.An exit @11.59. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.81 points, which is 6.53%.For a 1.00% total portfolio risk, you can invest 15.31% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CRK Daily chart

COMSTOCK RESOURCES INC

NYSE:CRK (6/12/2024, 3:34:00 PM)

After market: 11.91 0 (0%)

11.91

-0.25 (-2.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.06%
1 Week1.45%
2 Weeks6.15%
1 Month11%
3 Month48.88%
6 Month33.52%
12 Month13.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%3.49%
ATR Inc
Range Today0.57
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.39
10 Day Low11.24
20 Day High12.39
20 Day Low10.27
52 Week High13.39
52 Week Low7.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.12M
Volume Incr-25.82%
Vol(5)2.17M
Vol(50)3.06M