Stock Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
Centennial Resource Development, Inc CL A (NASDAQ:CDEV)
Weak Uptrend (+65) - CDEV is showing signs of weakening momentum to the upside. Monitor CDEV as it may be in the beginning stages 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 UP since Nov 18th, 2020 at 0.9846
The intermediate-term trend has been UP since May 10th, 2021 at 4.8700
The short-term trend has been DOWN since May 11th, 2021 at 4.3600
Smart Scan Analysis for CDEV
Based on our trend formula, CDEV is rated as a +65 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||6.25||52wk High Date||2021-03-15|
|52wk Low||0.5052||52wk Low Date||2020-09-14|
|Average Volume||8,138,032||Shares Outstanding||280,239|