Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Centennial Resource Development, Inc CL A (NASDAQ:CDEV)
Bear Market Rally (-75) - CDEV is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CDEV as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CDEV?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDEV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CDEV
The long-term trend has been DOWN since Feb 4th, 2020 at 2.92
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 4.30
The short-term trend has been UP since Apr 3rd, 2020 at 0.31
Smart Scan Analysis for CDEV
Based on our trend formula, CDEV is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||23.12||Year High Date||2018-10-04|
|Year Low||15.27||Year Low Date||2018-11-28|
|52wk High||10.95||52wk High Date||2019-04-22|
|52wk Low||0.245||52wk Low Date||2020-03-18|
|Average Volume||13,317,789||Shares Outstanding||277,045|