COTERRA ENERGY INC (CTRA) Technical Analysis
NYSE:CTRA • US1270971039
Current stock price
CTRA Technical Rating and Analysis
Taking everything into account, CTRA scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, CTRA did better than 82% of all other stocks.
- CTRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTRA is lagging the market slightly.
- CTRA has an average volume of 9435750 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 53% of them.
- In the last month CTRA has a been trading in the 29.34 - 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CTRA Support and Resistance Analysis
22.55
6 important support areas can be observed.
- A support zone ranging from 31.86 to 32.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.41 to 31.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.21 to 27.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CTRA is neutral. |
| ChartMill Relative Strength | 82.24 | POSITIVE | CTRA has a high relative strength, it outperformed 82.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTRA is above 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) | UP | POSITIVE | The current price of CTRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.52 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CTRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.46 | NEUTRAL | The Stochastics value for CTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for CTRA suggests a possible start of a new trend. |
CTRA Chart- and CandleStick Pattern Analysis
CTRA Technicals: Chart, Performance Metrics, Trend & Indicators
33.65
+0.72 (+2.19%)
COTERRA ENERGY INC / CTRA TA FAQ
What is the technical rating for CTRA stock?
ChartMill assigns a technical rating of 7 / 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 55.5248. 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 -0.153482, 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 32.49. Check the full technical report for our detailed analysis of CTRA support and resistance levels.