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CLR
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$65.65
Change
+$0.36 (+0.55%)
Capitalization
23.83B

CLR Price Prediction, Continental Resources AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

CLR in -3.55% downward trend, falling for three consecutive days on June 30, 2022

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CLR declined for three days, in 213 of 285 cases, the price declined further within the following month. The odds of a continued downward trend are 75%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for CLR moved out of overbought territory on June 10, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on June 29, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on CLR as a result. In of 105 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CLR turned negative on June 16, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

CLR broke above its upper Bollinger Band on May 26, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where CLR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The 10-day moving average for CLR crossed bullishly above the 50-day moving average on May 26, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CLR advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 319 cases where CLR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CLR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.019) is normal, around the industry mean (6.764). P/E Ratio (11.962) is within average values for comparable stocks, (19.168). Projected Growth (PEG Ratio) (1.312) is also within normal values, averaging (2.540). Dividend Yield (0.013) settles around the average of (0.098) among similar stocks. P/S Ratio (3.786) is also within normal values, averaging (160.990).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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published price charts
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published Earnings

CLR is expected to report earnings to rise 14.34% to $3.03 per share on August 01

Continental Resources CLR Stock Earnings Reports
Q2'22
Est.
$3.03
Q1'22
Beat
by $0.22
Q4'21
Beat
by $0.09
Q3'21
Est.
$1.20
Q2'21
Beat
by $0.36
The last earnings report on May 04 showed earnings per share of $2.65, beating the estimate of $2.43. With 1.20M shares outstanding, the current market capitalization sits at 23.83B.
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A.I.Advisor
published Dividends

CLR paid dividends on May 23, 2022

Continental Resources CLR Stock Dividends
А dividend of $0.28 per share was paid with a record date of May 23, 2022, and an ex-dividend date of May 06, 2022. Read more...
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published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), EOG Resources (NYSE:EOG), Canadian Natural Resources Limited (NYSE:CNQ), Occidental Petroleum Corp (NYSE:OXY), Pioneer Natural Resource Co (NYSE:PXD), Devon Energy Corp (NYSE:DVN), Hess Corp (NYSE:HES), Continental Resources (NYSE:CLR), Diamondback Energy (NASDAQ:FANG), Marathon Oil Corp (NYSE:MRO).

Industry description

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

Market Cap

The average market capitalization across the Oil & Gas Production Industry is 3.25B. The market cap for tickers in the group ranges from 91 to 117.68B. COP holds the highest valuation in this group at 117.68B. The lowest valued company is TRSI at 91.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Production Industry was -1%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was 30%. PLFF experienced the highest price growth at 204%, while CSTPF experienced the biggest fall at -94%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Production Industry was -63%. For the same stocks of the Industry, the average monthly volume growth was -30% and the average quarterly volume growth was 85%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 66
Price Growth Rating: 55
SMR Rating: 66
Profit Risk Rating: 76
Seasonality Score: -12 (-100 ... +100)
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published General Information

General Information

a developer of oil and gas reserves

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
20 North Broadway
Phone
+1 405 234-9000
Employees
1254
Web
https://www.clr.com

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CLR and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, CLR has been closely correlated with MRO. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if CLR jumps, then MRO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CLR
1D Price
Change %
CLR100%
+0.47%
MRO - CLR
84%
Closely correlated
+0.31%
MUR - CLR
82%
Closely correlated
+0.66%
FANG - CLR
80%
Closely correlated
+0.05%
OXY - CLR
80%
Closely correlated
+2.65%
SM - CLR
80%
Closely correlated
-0.32%
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