COMSTOCK RESOURCES INC (CRK)

US2057683029 - Common Stock

15.82  +0.34 (+2.2%)

After market: 15.82 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CRK. Both in the recent history as in the last year, CRK has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CRK is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by CRK over the past year are nicely spread over this period.
CRK is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 96% of 205 stocks in the same industry.
CRK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRK is performing more or less in line with the market.
CRK has an average volume of 2079960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CRK has a been trading in the 14.09 - 17.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CRK Weekly chart
CRK Daily chart
Setup Rating and Analysis

7

CRK 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

8.32

15.98

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 14.51 to 14.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.71 from a trend line in the daily time frame.
  • Support @11.35 from a horizontal line in the daily time frame.
  • Support @9.09 from a trend line in the weekly time frame.
  • Support @8.40 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.73
Mansfield3.77
10 Day High17.79
10 Day Low14.63
20 Day High17.79
20 Day Low14.09
52 Week High17.79
52 Week Low7.07
Performance
1 Week-5.83%
2 Weeks8.95%
1 Month3.87%
3 Month46.21%
6 Month46.62%
12 Month73.27%
2 Year15.39%
3 Year95.55%
5 Year92.22%
10 Year-53.54%
15 Year-92.2%
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)-0.12
RSI(14)56.8
LBB13.89
UBB17.45
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
16.0214.621.40 (8.74%)11.44%
An entry @16.02. This is a Buy Stop order right above the 10 day moving average.An exit @14.62. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.40 points, which is 8.74%.For a 1.00% total portfolio risk, you can invest 11.44% 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.
CRK Daily chart

COMSTOCK RESOURCES INC

NYSE:CRK (12/20/2024, 8:04:00 PM)

After market: 15.82 0 (0%)

15.82

+0.34 (+2.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.2%
1 Week-5.83%
2 Weeks8.95%
1 Month3.87%
3 Month46.21%
6 Month46.62%
12 Month73.27%
2 Year15.39%
3 Year95.55%
5 Year92.22%
10 Year-53.54%
15 Year-92.2%
Volatility
ATR(14)0.8
ATR(20)%4.49%
ATR Inc-16%
Range Today0.8
ADR(20)0.67
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.73
Mansfield3.77
10 Day High17.79
10 Day Low14.63
20 Day High17.79
20 Day Low14.09
52 Week High17.79
52 Week Low7.07
CS1 End14.51
CR1 StartN/A
Volume & EV
DER(3)-3.41%
DER(5)-4.19%
Volume3.00M
Volume Incr14.49%
Vol(5)2.26M
Vol(50)2.08M