COTERRA ENERGY INC (CTRA) Stock Technical Analysis
USA - NYSE:CTRA - US1270971039 - Common Stock
22.58 USD
-0.62 (-2.67%)
22.49 USD
-0.09 (-0.4%)
Overall CTRA gets a technical rating of 0 out of 10. CTRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CTRA is a bad performer in the overall market: 75% of all stocks are doing better.
CTRA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month CTRA has a been trading in the 22.33 - 24.59 range, which is quite wide. It is currently trading near the lows of this range.
CTRA has an average volume of 7918170 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 211 other stocks in this industry, CTRA did better than 47% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CTRA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 22.57, a Stop Loss order could be placed below this zone.
More info and screens
22.34
25.70
We found 1 important support area.
- A support zone ranging from 22.57 to 22.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.60 to 22.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.44 to 23.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.28 to 25.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.45 from a horizontal 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 CTRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTRA is down. |
| ChartMill Relative Strength | 25.46 | NEGATIVE | CTRA has a low relative strength, it was outperformed by 74.54% off all stocks 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) | DOWN | NEGATIVE | The current price of CTRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CTRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.9 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CTRA has a negative trend. |
| Stochastics (14,3) | 23.6 | NEUTRAL | The Stochastics value for CTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.78 | NEGATIVE | The low ADX value for CTRA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.58
-0.62 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.67%
1 Week-4.4%
2 Weeks-2.46%
1 Month-6.27%
3 Month-7.42%
6 Month-12.65%
12 Month-5.05%
2 Year-17.89%
3 Year-27.47%
5 Year860.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%3.11%
ATR Inc-0.95%
Range Today0.94
ADR(20)0.68
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.46
Mansfield-1.95
10 Day High24.59
10 Day Low22.33
20 Day High24.59
20 Day Low22.33
52 Week High29.95
52 Week Low22.33
CS1 End22.57
CR1 Start22.6
Volume & EV
DER(3)0.94%
DER(5)0.48%
Volume15.47M
Volume Incr22.76%
Vol(5)12.38M
Vol(50)7.92M