COTERRA ENERGY INC (CTRA) Technical Analysis
NYSE:CTRA • US1270971039
Current stock price
33.01 USD
-0.4 (-1.2%)
At close:
32.92 USD
-0.09 (-0.27%)
Pre-Market:
CTRA Technical Rating and Analysis
Overall CTRA gets a technical rating of 8 out of 10. 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.
- 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.
- 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 11201600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CTRA did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- 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 31.50 - 36.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CTRA Weekly and Daily overview Charts
CTRA Setup Rating and Analysis
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.
More info and screens
CTRA Support and Resistance Analysis
22.55
33.34
We found 5 important support areas.
- A support zone ranging from 33.00 to 33.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.05 to 27.25. 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 | 81.54 | POSITIVE | CTRA has a high relative strength, it outperformed 81.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTRA is below 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) | 47.05 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests CTRA has a negative trend. |
| Stochastics (14,3) | 33.46 | NEUTRAL | The Stochastics value for CTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.88 | POSITIVE | The high ADX value value for CTRA suggests a strong trend. |
CTRA Chart- and CandleStick Pattern Analysis
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)
CTRA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.26 | 32.99 | 1.27 (3.70%) | 25.00% |
| An entry @34.26. This is a Buy Stop order right above the 10 day moving average. | An exit @32.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.27 points, which is 3.70%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CTRA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CTRA Technicals: Chart, Performance Metrics, Trend & Indicators
33.01
-0.4 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.2%
1 Week-4.79%
2 Weeks-9.09%
1 Month2.67%
3 Month28.39%
6 Month44.78%
12 Month27.7%
2 Year20.65%
3 Year28.95%
5 Year350.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%3.65%
ATR Inc-24.21%
Range Today1.27
ADR(20)1.09
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.54
3 months CRS94.66
6 months CRS93.48
Mansfield1.72
10 Day High36.88
10 Day Low31.5
20 Day High36.88
20 Day Low31.5
52 Week High36.88
52 Week Low22.33
CS1 End33
CR1 StartN/A
Volume & EV
DER(3)3.94%
DER(5)2.6%
Volume8.54M
Volume Incr-44.4%
Vol(5)6.98M
Vol(50)11.20M
COTERRA ENERGY INC / CTRA TA FAQ
What is the technical rating for CTRA stock?
ChartMill assigns a technical rating of 8 / 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 47.0487. 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 -0.375409, 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 33. Check the full technical report for our detailed analysis of CTRA support and resistance levels.