CONTINENTAL RESOURCES INC/OK (CLR) Stock Technical Analysis
NYSE:CLR - New York Stock Exchange, Inc. - US2120151012 - Common Stock - Currency: USD
Taking everything into account, CLR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CLR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CLR is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, CLR also shows a nice and consistent pattern of rising prices.
CLR is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. CLR outperforms 97% of them.
CLR is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
CLR has an average volume of 3591950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CLR has a been trading in a tight range between 73.87 and 74.28.
CLR has an excellent technical rating and also presents 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 74.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.22, a Stop Loss order could be placed below this zone.
More info and screens
62.33
75.02
5 important support areas can be observed.
- A support zone ranging from 74.07 to 74.22. 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 68.22 to 69.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.74 from a trend line in the daily time frame.
- A support zone ranging from 64.05 to 64.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.28 to 74.28. 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
CRS95.92
Mansfield2.21
10 Day High74.28
10 Day Low73.97
20 Day High74.28
20 Day Low73.87
52 Week High75.49
52 Week Low40.75
Performance
1 Week0.27%
2 Weeks0.26%
1 Month0.46%
3 Month4.96%
6 Month7.62%
12 Month63.41%
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)-0.17
RSI(14)63.99
LBB73.98
UBB74.29
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 |
|---|---|---|---|
| 74.29 | 74.06 | 0.23 (0.31%) | 25.00% |
| An entry @74.29. This is a Buy Stop order right above the resistance zone. | An exit @74.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 0.31%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
74.27
+0.03 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.04%
1 Week0.27%
2 Weeks0.26%
1 Month0.46%
3 Month4.96%
6 Month7.62%
12 Month63.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.18%
ATR Inc-70.29%
Range Today0.03
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
CRS95.92
Mansfield2.21
10 Day High74.28
10 Day Low73.97
20 Day High74.28
20 Day Low73.87
52 Week High75.49
52 Week Low40.75
CS1 End74.22
CR1 Start74.28
Volume & EV
DER(3)0.33%
DER(5)1.03%
Volume3.54M
Volume Incr-35.8%
Vol(5)3.10M
Vol(50)3.59M