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(CRC) California Resources complete technical analysis [charts+indicators] | Buy/Sell California Resources | (CRC) share price targets

Complete technical analysis of California Resources (CRC) by charts plus indicators, forecast predictions and share price targets for California Resources (CRC)

California Resources trades in USA in Energy sector.

10 day averaged volume of California Resources is 835402

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 49.25 48.66 49.59 48.45 1.269 times
15 Wed May 2024 48.62 47.73 48.96 47.41 1.085 times
14 Tue May 2024 47.87 48.25 48.59 47.14 1.259 times
13 Mon May 2024 48.22 49.03 49.03 47.96 1.274 times
10 Fri May 2024 48.78 50.31 50.77 48.77 1.06 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.4, but if it comes above 49.4, then a intra day buy could be more profitable.
If you take a sell trade below 49.4, then use 49.4 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 49.4 as stoploss and 52.08 as target.

Share price targets for California Resources (CRC)

Target Type Value
Downside Target 45.11
Downside Target 47.14
Downside Target 48.77
Upside Target 51.05
Upside Target 52.67
Upside Target 55.59
Upside Target 55.61
Upside Target 55.71
Upside Target 56.16
Upside Target 56.29
Upside Target 56.87
Upside Target 57.89

Intraday share price targets for California Resources (CRC)

Target Type Value
Downside Intraday Target 47.73
Downside Intraday Target 46.21
Upside Intraday Target 50.18
Upside Intraday Target 51.11
Downside Intraday Target 48.66

Weekly technical analysis of California Resources (CRC)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 49.25 49.03 49.59 47.14 1.071 times
10 Fri May 2024 48.78 52.10 54.51 48.77 1.638 times
03 Fri May 2024 51.68 54.91 55.71 51.05 1.149 times
26 Fri Apr 2024 54.90 54.24 56.29 53.63 0.894 times
19 Fri Apr 2024 54.43 55.78 56.16 53.43 0.714 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of California Resources (CRC)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 49.25 52.74 54.51 47.14 0.795 times
30 Tue Apr 2024 52.86 55.58 57.89 52.67 0.363 times
28 Thu Mar 2024 55.10 52.36 56.87 45.11 1.923 times
29 Thu Feb 2024 52.17 48.05 55.59 45.70 1.584 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of California Resources (CRC)

Indicator Name Indicator Value Indicator Signal
ADX 15, 35, 41 Sell
MACD -2, -2Sell
Stochastics 20Sell
CCI -47Buy
RSI 35Sell
OBV -67782Sell
VWAP 50Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of California Resources ( (CRC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of California Resources ( (CRC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of California Resources ( (CRC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of California Resources ( (CRC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for California Resources stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for California Resources in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

California Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for California Resources in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of California Resources is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.54 and California Resources (CRC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the California Resources (CRC) stock. Volume based technical analysis of California Resources (CRC) stock is negative.

California Resources Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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