CARRIZO OIL & GAS INC (CRZO) Technical Analysis
NASDAQ:CRZO
Current stock price
CRZO Technical Rating and Analysis
Taking everything into account, CRZO scores 4 out of 10 in our technical rating. In the past year, CRZO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 90% of all other stocks performed better in the past year than CRZO.
- CRZO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRZO is lagging the market.
- In the last month CRZO has a been trading in the 6.29 - 8.35 range, which is quite wide. It is currently trading near the high of this range.
- CRZO has an average volume of 7532950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days.
CRZO Weekly and Daily overview Charts
CRZO Setup Rating and Analysis
CRZO 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
CRZO Support and Resistance Analysis
6.31
We found 2 important support areas.
- A support zone ranging from 7.80 to 7.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.37 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.23 to 8.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.69 from a trend line in the daily time frame.
CRZO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CRZO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRZO is up. |
| ChartMill Relative Strength | 10.54 | NEGATIVE | CRZO has a low relative strength, it was outperformed by 89.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRZO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRZO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRZO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.77 | NEUTRAL | The RSI value for CRZO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CRZO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.58 | OVERBOUGHT | The high Stochastics value suggests CRZO may be overbought. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CRZO suggests some volalility. |
CRZO Chart- and CandleStick Pattern Analysis
CRZO Technicals: Chart, Performance Metrics, Trend & Indicators
7.83
-0.42 (-5.09%)
CARRIZO OIL & GAS INC / CRZO TA FAQ
Can you provide the ChartMill technical rating for CARRIZO OIL & GAS INC?
ChartMill assigns a technical rating of 4 / 10 to CRZO.
What is the trend direction for CRZO stock?
The current trend direction for CARRIZO OIL & GAS INC (CRZO) is Bearish.
What is the RSI signal for CRZO stock?
CARRIZO OIL & GAS INC (CRZO) has an RSI value of 55.7682. This indicates that the stock is currently neutral.
What is the MACD signal for CRZO stock?
The MACD indicator for CARRIZO OIL & GAS INC (CRZO) has a value of 0.14667, indicating a bearish trend.
What is the buy/sell signal for CRZO stock?
The buy/sell signal for CARRIZO OIL & GAS INC (CRZO) is hold as the short term and long term trends are mixed.