Continental Resources Crosses Above its 10-day MA (CLR)
Continental Resources (NYSE:CLR) crossed over its 10-day moving average of $107.18 on a volume of 304K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Continental Resources share prices have been bracketed by a low of $72.35 and a high of $121.78 and are now at $107.61, 49% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has risen 0.3%.
SmarTrend is tracking the current trend status for Continental Resources and will alert subscribers who have CLR in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Continental Resources