NYSE:CTRA • US1270971039
We assign a technical rating of 8 out of 10 to CTRA. Although CTRA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CTRA has an excellent technical rating, but the quality of the setup is 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.
22.55
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for CTRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTRA is up. |
| ChartMill Relative Strength | 71.76 | POSITIVE | CTRA has a high relative strength, it outperformed 71.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.93 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CTRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.43 | NEUTRAL | The Stochastics value for CTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.34 | POSITIVE | The high ADX value value for CTRA suggests a strong trend. |
30.59
+0.58 (+1.93%)
ChartMill assigns a technical rating of 8 / 10 to CTRA.
The current trend direction for COTERRA ENERGY INC (CTRA) is Bullish.
COTERRA ENERGY INC (CTRA) has an RSI value of 57.9309. This indicates that the stock is currently neutral.
The MACD indicator for COTERRA ENERGY INC (CTRA) has a value of -0.239199, indicating a bearish trend.
The short term momentum for COTERRA ENERGY INC (CTRA) is positive.