Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of California Resources is 778468

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	49.25	48.66	49.59	48.45	1.362 times
15 Wed May 2024	48.62	47.73	48.96	47.41	1.164 times
14 Tue May 2024	47.87	48.25	48.59	47.14	1.351 times
13 Mon May 2024	48.22	49.03	49.03	47.96	1.367 times
10 Fri May 2024	48.78	50.31	50.77	48.77	1.137 times
09 Thu May 2024	50.19	50.23	51.15	50.11	0.953 times
08 Wed May 2024	50.09	54.51	54.51	49.80	1.736 times
07 Tue May 2024	52.94	52.61	53.30	52.52	0.534 times
06 Mon May 2024	52.69	52.10	53.42	51.77	0.535 times
03 Fri May 2024	51.68	51.64	51.87	51.12	0.591 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	1.536 times

Scroll below to view daily charts

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)

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 below 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.