Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Centennial Resource Development, Inc CL A (NASDAQ:CDEV)
Bull Market Weakness (+75) - CDEV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 DOWN since Apr 21st, 2021 at 3.7600
The short-term trend has been UP since May 5th, 2021 at 4.5750
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||6.25||52wk High Date||2021-03-15|
|52wk Low||0.5052||52wk Low Date||2020-09-14|
|Average Volume||8,169,386||Shares Outstanding||280,239|