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Contl Res Inc/Ok Bullish Moving Average Crossover Alert (CLR)

By David Diaz

Today, shares of Contl Res Inc/Ok (NYSE:CLR) have crossed bullishly above their 10-day moving average of $42.44 on a volume of 163K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Contl Res Inc/Ok share prices have been bracketed by a low of $35.54 and a high of $71.95 and are now at $42.63, 20% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses contl res inc/ok

Ticker(s): CLR