Stock Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Concho Resources, Inc (NYSE:CXO)
Bull Market Weakness (+75) - CXO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CXO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CXO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CXO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CXO
The long-term trend has been DOWN since Feb 27th, 2020 at 67.16
The intermediate-term trend has been UP since Apr 7th, 2020 at 51.03
The short-term trend has been UP since Jun 2nd, 2020 at 56.78
Smart Scan Analysis for CXO
Based on our trend formula, CXO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||163.11||Year High Date||2018-05-02|
|Year Low||123.63||Year Low Date||2018-06-05|
|52wk High||124.53||52wk High Date||2019-04-24|
|52wk Low||33.13||52wk Low Date||2020-03-18|
|Year End Close||80.56||Average Volume||4,140,741|
|Shares Outstanding||196,705||Short Interest||2,024,664|
|% Institutional||90.8||Market Cap||15,030M|