CENTENNIAL RESOURCE DEVELO-A (CDEV) Stock Technical Analysis
NASDAQ:CDEV - Nasdaq - US15136A1025 - Common Stock - Currency: USD
Taking everything into account, CDEV scores 8 out of 10 in our technical rating. CDEV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
CDEV is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 210 stocks in the same industry.
CDEV has an average volume of 8903270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CDEV is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CDEV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CDEV is lagging the market.
In the last month CDEV has a been trading in the 5.98 - 8.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CDEV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.62
9.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.50 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.17 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.68 to 5.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @8.39 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.62 to 8.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.42 to 9.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.98
Mansfield1.38
10 Day High8.87
10 Day Low7.01
20 Day High8.87
20 Day Low5.98
52 Week High9.7
52 Week Low5.05
Performance
1 Week-8.41%
2 Weeks0.79%
1 Month24.51%
3 Month-11.29%
6 Month-11.19%
12 Month47.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)52.97
LBB6.7
UBB8.86
7.62
-0.61 (-7.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-7.41%
1 Week-8.41%
2 Weeks0.79%
1 Month24.51%
3 Month-11.29%
6 Month-11.19%
12 Month47.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%5.85%
ATR Inc73.36%
Range Today0.68
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.98
Mansfield1.38
10 Day High8.87
10 Day Low7.01
20 Day High8.87
20 Day Low5.98
52 Week High9.7
52 Week Low5.05
CS1 End7.61
CR1 Start8.39
Volume & EV
DER(3)0.64%
DER(5)0.35%
Volume17.73M
Volume Incr29.43%
Vol(5)10.13M
Vol(50)8.90M