• Return to Headlines

Look for Shares of Contl Res Inc/Ok to Potentially Pullback after Yesterday's 1.14% Rise

By David Diaz

Contl Res Inc/Ok (NYSE:CLR) traded in a range yesterday that spanned from a low of $34.51 to a high of $35.44. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $34.60 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Contl Res Inc/Ok have traded between a low of $29.08 and a high of $60.30 and are now at $34.69, which is 19% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 5.18% 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: rebounders contl res inc/ok

Ticker(s): CLR