CIVITAS RESOURCES INC (CIVI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
Taking everything into account, CIVI scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CIVI was also a bad performer in the overall market in the last year.
Although the technical rating is bad, CIVI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 28.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CIVI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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25.75
We found 4 important support areas.
- A support zone ranging from 30.40 to 30.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.18 to 28.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.28 to 27.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.01 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- 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 | UP | POSITIVE | The short term trend for CIVI is up. |
| ChartMill Relative Strength | 13.21 | NEGATIVE | CIVI has a low relative strength, it was outperformed by 86.79% 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 | MIXED | The current price of CIVI is above 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) | 59.91 | NEUTRAL | The RSI value for CIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests CIVI has a positive trend. |
| Stochastics (14,3) | 88.95 | OVERBOUGHT | The high Stochastics value suggests CIVI may be overbought. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for CIVI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for CIVI suggests a weak or negative trend. |
30.46
+0.07 (+0.23%)
CIVITAS RESOURCES INC / CIVI FAQ
What is the technical rating for CIVI stock?
ChartMill assigns a technical rating of 2 / 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 59.9058. 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 positive.
What is the support and resistance level for CIVI stock?
CIVITAS RESOURCES INC (CIVI) has a support level at 28.66 and a resistance level at 30.4. Check the full technical report for our detailed analysis of CIVI support and resistance levels.