COTERRA ENERGY INC (CTRA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CTRA - US1270971039 - Common Stock
We assign a technical rating of 5 out of 10 to CTRA. CTRA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CTRA 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
22.35
2 important support areas can be observed.
- Support @24.60 from a horizontal line in the daily time frame.
- A support zone ranging from 22.58 to 23.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.40 to 25.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.97 to 27.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for CTRA is down. |
| ChartMill Relative Strength | 66.98 | NEUTRAL | CTRA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTRA is below a declining 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) | DOWN | MIXED | The current price of CTRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.86 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests CTRA has a negative trend. |
| Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests CTRA may be oversold. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for CTRA suggests a possible start of a new trend. |
25.38
-0.05 (-0.2%)
COTERRA ENERGY INC / CTRA FAQ
What is the technical rating for CTRA stock?
ChartMill assigns a technical rating of 5 / 10 to CTRA.
What is the current trend direction of COTERRA ENERGY INC (CTRA) stock?
The current trend direction for COTERRA ENERGY INC (CTRA) is Bullish.
What is the RSI signal for COTERRA ENERGY INC (CTRA) stock?
COTERRA ENERGY INC (CTRA) has an RSI value of 43.8649. This indicates that the stock is currently neutral.
Can you provide the MACD signal for COTERRA ENERGY INC?
The MACD indicator for COTERRA ENERGY INC (CTRA) has a value of -0.24501, indicating a bearish trend.
What is the buy/sell signal for CTRA stock?
The buy/sell signal for COTERRA ENERGY INC (CTRA) is hold as the short term and long term trends are mixed.