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Continental Resources Crosses Above its 10-day MA (CLR)

By James Quinn

Today, shares of Continental Resources (NYSE:CLR) have advanced above their 10-day MA of $153.56 on a volume of 222K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Continental Resources share prices have moved between a 52-week high of $159.24 and a 52-week low of $90.11 and are now trading 71% above that low price at $154.10 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.6%.

SmarTrend is monitoring the recent change of momentum in Continental Resources. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Continental Resources in search of a potential trend change.

Keywords: moving crosses Continental Resources

Ticker(s): CLR