COMSTOCK RESOURCES INC (CRK) Stock Technical Analysis
USA - NYSE:CRK - US2057683029 - Common Stock
17 USD
-0.73 (-4.12%)
17.3454 USD
+0.35 (+2.03%)
We assign a technical rating of 5 out of 10 to CRK. CRK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month CRK has a been trading in the 16.78 - 22.09 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.
CRK is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 81% of 211 stocks in the same industry.
CRK has an average volume of 2646600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, CRK did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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
14.88
21.76
We found 3 important support areas.
- Support @16.38 from a trend line in the weekly time frame.
- Support @15.36 from a horizontal line in the weekly time frame.
- Support @15.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.22 to 19.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.87 from a trend line in the daily time frame.
- Resistance @21.54 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for CRK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRK is neutral. |
| ChartMill Relative Strength | 72.71 | POSITIVE | CRK has a high relative strength, it outperformed 72.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRK is below the rising 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) | DOWN | NEGATIVE | The current price of CRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.69 | NEUTRAL | The RSI value for CRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CRK has a negative trend. |
| Stochastics (14,3) | 9.75 | OVERSOLD | The low Stochastics value suggests CRK may be oversold. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for CRK suggests high volalility. |
| Average Directional Index/ADX (14) | 28.48 | 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)
17
-0.73 (-4.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.12%
1 Week-7.71%
2 Weeks-20.67%
1 Month0.59%
3 Month-26.6%
6 Month-14.01%
12 Month48.47%
2 Year34.92%
3 Year-9.48%
5 Year220.15%
10 Year47.83%
15 Year-84.79%
Volatility
ATR(14)1.16
ATR(20)%6.52%
ATR Inc21.95%
Range Today0.98
ADR(20)1.07
ADR(20)%6.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.71
Mansfield-1.91
10 Day High22.09
10 Day Low16.89
20 Day High22.09
20 Day Low16.78
52 Week High31.17
52 Week Low11.05
CS1 End16.38
CR1 Start19.22
Volume & EV
DER(3)0.58%
DER(5)1.57%
Volume3.70M
Volume Incr-14.76%
Vol(5)2.73M
Vol(50)2.65M