Overall CRZO gets a technical rating of 4 out of 10. 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.
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
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.
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. |
7.83
-0.42 (-5.09%)
CARRIZO OIL & GAS INC / CRZO 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 current trend direction of CARRIZO OIL & GAS INC (CRZO) stock?
The current trend direction for CARRIZO OIL & GAS INC (CRZO) is Bearish.
What is the RSI signal for CARRIZO OIL & GAS INC (CRZO) stock?
CARRIZO OIL & GAS INC (CRZO) has an RSI value of 55.7682. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARRIZO OIL & GAS INC?
The MACD indicator for CARRIZO OIL & GAS INC (CRZO) has a value of 0.14667, indicating a bearish trend.
Can you provide the short term momentum for CARRIZO OIL & GAS INC?
The short term momentum for CARRIZO OIL & GAS INC (CRZO) is positive.