COTERRA ENERGY INC (CTRA) Technical Analysis
NYSE:CTRA • US1270971039
Current stock price
CTRA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CTRA. Both in the recent history as in the last year, CTRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 CTRA is one of the better performing stocks in the market, outperforming 80% of all stocks.
- CTRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTRA is lagging the market slightly.
- CTRA has an average volume of 9350280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTRA is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 209 stocks in the same industry.
- In the last month CTRA has a been trading in the 29.34 - 36.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTRA Weekly and Daily overview Charts
CTRA Setup Rating and Analysis
Although CTRA has an excellent technical rating, the quality of the presented setup is not ideal 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
CTRA Support and Resistance Analysis
22.55
When analyzing the support we can see 7 important areas.
- A support zone ranging from 32.10 to 32.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.43 from a trend line in the daily time frame.
- A support zone ranging from 30.41 to 30.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.37 to 27.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.74 from a horizontal line in the daily time frame.
- Support @23.39 from a horizontal line in the weekly time frame.
- Support @22.78 from a horizontal line in the weekly time frame.
CTRA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CTRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTRA is up. |
| ChartMill Relative Strength | 80.47 | POSITIVE | CTRA has a high relative strength, it outperformed 80.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTRA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.53 | NEUTRAL | The RSI value for CTRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CTRA has a positive trend. |
| Stochastics (14,3) | 75.1 | NEUTRAL | The Stochastics value for CTRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for CTRA suggests a weak or negative trend. |
CTRA Chart- and CandleStick Pattern Analysis
CTRA Technicals: Chart, Performance Metrics, Trend & Indicators
33.67
+0.14 (+0.42%)
COTERRA ENERGY INC / CTRA TA FAQ
What is the technical rating for CTRA stock?
ChartMill assigns a technical rating of 8 / 10 to CTRA.
Can you provide the trend direction for COTERRA ENERGY INC?
The current trend direction for COTERRA ENERGY INC (CTRA) is Bullish.
Can you provide the RSI signal for COTERRA ENERGY INC?
COTERRA ENERGY INC (CTRA) has an RSI value of 55.5302. This indicates that the stock is currently neutral.
What is the MACD signal for COTERRA ENERGY INC (CTRA) stock?
The MACD indicator for COTERRA ENERGY INC (CTRA) has a value of 0.00922495, indicating a bearish trend.
What are the support and resistance levels for COTERRA ENERGY INC (CTRA) stock?
COTERRA ENERGY INC (CTRA) has a support level at 32.59. Check the full technical report for our detailed analysis of CTRA support and resistance levels.