COMSTOCK RESOURCES INC (CRK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CRK - US2057683029 - Common Stock
Overall CRK gets a technical rating of 3 out of 10. In the last year, CRK was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of CRK is bad and it also does not present a 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
17.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.03 to 21.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.26 from a trend line in the daily time frame.
- Support @17.92 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.34 to 22.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.71 to 26.72. 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 | DOWN | NEGATIVE | The short term trend for CRK is down. |
| ChartMill Relative Strength | 63.78 | NEUTRAL | CRK is not amongst the best or worst performers 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) | 40 | NEUTRAL | The RSI value for CRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CRK has a negative trend. |
| Stochastics (14,3) | 18.2 | OVERSOLD | The low Stochastics value suggests CRK may be oversold. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CRK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for CRK suggests a weak or negative trend. |
21.24
-0.27 (-1.26%)
COMSTOCK RESOURCES INC / CRK FAQ
What is the technical rating for CRK stock?
ChartMill assigns a technical rating of 3 / 10 to CRK.
Can you provide the trend direction for COMSTOCK RESOURCES INC?
The current trend direction for COMSTOCK RESOURCES INC (CRK) is Bearish.
Can you provide the RSI signal for COMSTOCK RESOURCES INC?
COMSTOCK RESOURCES INC (CRK) has an RSI value of 39.9969. This indicates that the stock is currently neutral.
What are the support and resistance levels for COMSTOCK RESOURCES INC (CRK) stock?
COMSTOCK RESOURCES INC (CRK) has a support level at 21.23 and a resistance level at 22.34. Check the full technical report for our detailed analysis of CRK support and resistance levels.