COTERRA ENERGY INC (CTRA) Technical Analysis
NYSE:CTRA • US1270971039
Current stock price
CTRA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CTRA. Both in the recent history as in the last year, CTRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CTRA is one of the better performing stocks in the market, outperforming 83% of all stocks.
- CTRA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CTRA is performing more or less in line with the market.
- CTRA has an average volume of 11415200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTRA is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, CTRA did better than 50% of them.
- In the last month CTRA has a been trading in the 30.27 - 36.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTRA Weekly and Daily overview Charts
CTRA Setup Rating and Analysis
Although CTRA has an excellent technical rating, it 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
CTRA Support and Resistance Analysis
22.55
We found 8 important support areas.
- Support @32.65 from a trend line in the daily time frame.
- Support @30.58 from a horizontal line in the weekly time frame.
- A support zone ranging from 29.89 to 29.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 26.73 to 26.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.40 from a horizontal line in the daily time frame.
- Support @24.74 from a horizontal line in the daily time frame.
- Support @23.39 from a horizontal line in the weekly time frame.
- Support @22.78 from a horizontal line in the weekly time frame.
CTRA 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 | 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 | 83.2 | POSITIVE | CTRA has a high relative strength, it outperformed 83.2% 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) | 55.99 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CTRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.48 | NEUTRAL | The Stochastics value for CTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.26 | POSITIVE | The high ADX value value for CTRA suggests a strong trend. |
CTRA Chart- and CandleStick Pattern Analysis
CTRA Technicals: Chart, Performance Metrics, Trend & Indicators
33.92
-1.22 (-3.47%)
COTERRA ENERGY INC / CTRA TA FAQ
What is the technical rating for CTRA stock?
ChartMill assigns a technical rating of 10 / 10 to CTRA.
Can you provide the trend direction for COTERRA ENERGY INC?
The current trend direction for COTERRA ENERGY INC (CTRA) is Bullish.
Can you provide the RSI signal for COTERRA ENERGY INC?
COTERRA ENERGY INC (CTRA) has an RSI value of 55.9872. This indicates that the stock is currently neutral.
What is the MACD signal for COTERRA ENERGY INC (CTRA) stock?
The MACD indicator for COTERRA ENERGY INC (CTRA) has a value of 0.019224, indicating a bearish trend.
What are the support and resistance levels for COTERRA ENERGY INC (CTRA) stock?
COTERRA ENERGY INC (CTRA) has a support level at 32.65. Check the full technical report for our detailed analysis of CTRA support and resistance levels.