CIVITAS RESOURCES INC (CIVI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
Overall CIVI gets a technical rating of 1 out of 10. CIVI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CIVI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.38. Right above this resistance zone may be a good entry point.
More info and screens
25.55
3 important support areas can be observed.
- Support @29.15 from a horizontal line in the daily time frame.
- A support zone ranging from 27.28 to 28.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.81 to 25.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 29.38 to 29.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.05 from a horizontal line in the daily time frame.
- Resistance @36.44 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 CIVI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CIVI is neutral. |
| ChartMill Relative Strength | 9.78 | NEGATIVE | CIVI has a low relative strength, it was outperformed by 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.25 | NEUTRAL | The RSI value for CIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CIVI has a positive trend. |
| Stochastics (14,3) | 74.97 | NEUTRAL | The Stochastics value for CIVI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for CIVI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for CIVI suggests a weak or negative trend. |
29.37
+0.92 (+3.23%)
CIVITAS RESOURCES INC / CIVI FAQ
What is the technical rating for CIVI stock?
ChartMill assigns a technical rating of 1 / 10 to CIVI.
What is the current trend direction of CIVITAS RESOURCES INC (CIVI) stock?
The current trend direction for CIVITAS RESOURCES INC (CIVI) is Bearish.
What is the RSI signal for CIVITAS RESOURCES INC (CIVI) stock?
CIVITAS RESOURCES INC (CIVI) has an RSI value of 55.2481. This indicates that the stock is currently neutral.
What is the short term momentum for CIVITAS RESOURCES INC (CIVI) stock?
The short term momentum for CIVITAS RESOURCES INC (CIVI) is neutral.
What is the support and resistance level for CIVI stock?
CIVITAS RESOURCES INC (CIVI) has a support level at 29.15 and a resistance level at 29.38. Check the full technical report for our detailed analysis of CIVI support and resistance levels.