CALIFORNIA RESOURCES CORP (CRC)
US13057Q3056 - Common Stock
Taking everything into account, CRC scores 8 out of 10 in our technical rating. Although CRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
CRC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CRC has a been trading in the 50.69 - 60.41 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, CRC turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
CRC is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 69% of 204 stocks in the same industry.
CRC 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 very little resistance above the current price.
More info and screens
43.47
60.18
6 important support areas can be observed.
- A support zone ranging from 57.98 to 58.43. 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 53.50 to 53.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.27 to 51.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 49.60 to 49.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.81 from a horizontal line in the weekly time frame.
- Support @43.91 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.96
Mansfield0.2
10 Day High59.97
10 Day Low55.76
20 Day High60.41
20 Day Low50.69
52 Week High60.41
52 Week Low43.09
Performance
1 Week2%
2 Weeks5.32%
1 Month12.1%
3 Month14.91%
6 Month26.2%
12 Month15.15%
2 Year31.29%
3 Year52.5%
5 Year484.12%
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)0.21
RSI(14)66.14
LBB53.58
UBB60.71
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 |
|---|---|---|---|
| 59.98 | 57.97 | 2.01 (3.35%) | 25.00% |
| An entry @59.98. This is a Buy Stop order right above the 10 day high. | An exit @57.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.01 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of CRC. Please evaluate whether better entry and exit points can be found.
- 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.
CALIFORNIA RESOURCES CORP
NYSE:CRC (11/21/2024, 8:20:55 PM)
After market: 59.58 0 (0%)59.58
+1.42 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.44%
1 Week2%
2 Weeks5.32%
1 Month12.1%
3 Month14.91%
6 Month26.2%
12 Month15.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.89
ATR(20)%2.81%
ATR Inc
Range Today1.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High59.97
10 Day Low55.76
20 Day High60.41
20 Day Low50.69
52 Week High60.41
52 Week Low43.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume585.10K
Volume Incr-29.99%
Vol(5)485.52K
Vol(50)712.33K