RRC Stock Range Resources (RRC, $36.97) entered Downtrend as Momentum indicator drops below 0 level on May 08, 2024

A.I.dvisor
at Tickeron.com
05/09/24
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RRC - Range Resources Corp
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $36.97
Daily change: -$0.45 (-1.2%)
Daily volume: 1.6M
Capitalization: $9B
Industry: Oil & Gas Production
This indicator may be signaling that RRC's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 85 similar cases where RRC's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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RRCDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a developer of oil and gas properties

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
100 Throckmorton Street
Phone
+1 817 870-2601
Employees
548
Web
https://www.rangeresources.com