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Contl Res Inc/Ok Crosses Above its 10-day MA (CLR)

By Amy Schwartz

Today, shares of Contl Res Inc/Ok (NYSE:CLR) have crossed bullishly above their 10-day moving average of $41.95 on a volume of 585K 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 $42.36, 19% above that low price. The 200-day and 50-day moving averages have moved 0.63% lower and 0.07% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Contl Res Inc/Ok and will alert subscribers who have CLR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses contl res inc/ok

Ticker(s): CLR