CIVITAS RESOURCES INC (CIVI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIVI - US17888H1032 - Common Stock
Taking everything into account, CIVI scores 0 out of 10 in our technical rating. 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.
The technical rating of CIVI is bad and it also does not present a quality setup 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
25.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.37 to 27.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.11 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 28.70 to 29.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.39 to 30.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for CIVI is down. |
| ChartMill Relative Strength | 15.17 | NEGATIVE | CIVI has a low relative strength, it was outperformed by 84.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIVI is below a declining 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) | 47.72 | NEUTRAL | The RSI value for CIVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CIVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.12 | NEUTRAL | The Stochastics value for CIVI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for CIVI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for CIVI suggests a weak or negative trend. |
28.51
+1.71 (+6.38%)
CIVITAS RESOURCES INC / CIVI FAQ
What is the technical rating for CIVI stock?
ChartMill assigns a technical rating of 0 / 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 47.7163. 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 negative.
What is the support and resistance level for CIVI stock?
CIVITAS RESOURCES INC (CIVI) has a support level at 27.86 and a resistance level at 28.7. Check the full technical report for our detailed analysis of CIVI support and resistance levels.