Free Daily Analysis

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.

Open High Low CXO Price Change
60.950 64.370 60.425 64.280 +4.750
Entry Signal

MarketClub’s Trade Triangles for CXO

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 67.16

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 51.03

short term up 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).

Smart Scan Analysis for CXO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.950 64.370 60.425 64.280 +4.750
Prev. Close Volume Bid Ask Time
41.080 3517055 2020-06-03 15:59:52
Year High163.11Year High Date2018-05-02
Year Low123.63Year Low Date2018-06-05
52wk High124.5352wk High Date2019-04-24
52wk Low33.1352wk Low Date2020-03-18
Year End Close80.56Average Volume4,140,741
Shares Outstanding196,705Short Interest2,024,664
% Institutional90.8Market Cap15,030M
P/E Ratio11.3Beta1.61
Get a free daily analysis and signals for Concho Resources, Inc (CXO) - Request Your Free Report.