COMSTOCK RESOURCES INC (CRK)
US2057683029 - Common Stock
Taking everything into account, CRK scores 0 out of 10 in our technical rating. CRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CRK is a bad performer in the overall market: 84% of all stocks are doing better.
CRK is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 87% of 217 stocks in the same industry do better.
CRK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CRK has a been trading in the 10.29 - 12.80 range, which is quite wide. It is currently trading near the lows of this range.
CRK has an average volume of 3114750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.56
Mansfield-2.17
10 Day High12.35
10 Day Low10.29
20 Day High12.8
20 Day Low10.29
52 Week High21.17
52 Week Low9.07
Performance
1 Week-6.58%
2 Weeks-15.01%
1 Month-11.68%
3 Month-10.69%
6 Month-3.99%
12 Month-40.08%
CRK has a poor technical rating and the quality of the setup is also only medium 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
9.15
13.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.26 to 10.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @9.54 from a horizontal line in the weekly time frame.
- Support @9.24 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.88 to 12.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.40 from a trend line in the daily time frame.
- Resistance @12.75 from a horizontal line in the daily time frame.
- Resistance @13.06 from a horizontal line in the daily time frame.
COMSTOCK RESOURCES INC
NYSE:CRK (9/27/2023, 12:32:09 PM)
10.85
+0.49 (+4.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.73%
1 Week-6.58%
2 Weeks-15.01%
1 Month-11.68%
3 Month-10.69%
6 Month-3.99%
12 Month-40.08%
Volatility
ATR(14)0.42
ATR(20)%4.2%
ATR Inc-21.9%
Range Today0.36
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.56
Mansfield-2.17
10 Day High12.35
10 Day Low10.29
20 Day High12.8
20 Day Low10.29
52 Week High21.17
52 Week Low9.07
CS1 End10.26
CR1 Start11.88
Volume & EV
DER(3)4.42%
DER(5)4.16%
Volume2.24M
Volume Incr3.6%
Vol(5)3.31M
Vol(50)3.11M