Concho Resources Inc (CXO) Stock Technical Analysis
NYSE:CXO - New York Stock Exchange, Inc. -
We assign a technical rating of 7 out of 10 to CXO. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CXO is a bad performer.
64% of all other stocks performed better in the past year than CXO.
The long and short term trends are both positive. This is looking good!
In the last month CXO has a been trading in the 56.42 - 70.44 range, which is quite wide. It is currently trading near the high of this range.
CXO has an average volume of 2785970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CXO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
Although CXO has an excellent technical rating, it does not offer a high 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
40.15
66.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 56.76 to 58.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.56 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @65.61 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.37
Mansfield0.1
10 Day High70.44
10 Day Low57.19
20 Day High70.44
20 Day Low56.42
52 Week High89.94
52 Week Low33.13
Performance
1 Week0.68%
2 Weeks12.43%
1 Month6.49%
3 Month34.98%
6 Month30.06%
12 Month-27.19%
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)0.64
RSI(14)58.51
LBB53.94
UBB72.14
65.6
-4.2 (-6.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.02%
1 Week0.68%
2 Weeks12.43%
1 Month6.49%
3 Month34.98%
6 Month30.06%
12 Month-27.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.55
ATR(20)%3.7%
ATR Inc59.39%
Range Today4.52
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
CRS36.37
Mansfield0.1
10 Day High70.44
10 Day Low57.19
20 Day High70.44
20 Day Low56.42
52 Week High89.94
52 Week Low33.13
CS1 End58.94
CR1 Start65.61
Volume & EV
DER(3)2.72%
DER(5)1.89%
Volume18.05M
Volume Incr218.76%
Vol(5)5.53M
Vol(50)2.79M