What Does Technical Indicators say About California Resources Corporation (NYSE:CRC)?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of California Resources Corporation (NYSE:CRC) for the period of 9-Day stands at 46.5% while the stochastic %D for the same period stands at 43.6%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of California Resources Corporation (NYSE:CRC) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for California Resources Corporation (NYSE:CRC) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently California Resources Corporation (NYSE:CRC)’s 20-Day Bollinger Band indicates “Hold”.

About Company

California Resources Corporation is engaged in exploration and production of oil and gas. The Company produces, gathers, processes and markets crude oil, natural gas, natural gas liquids and electricity primarily in the State of California. California Resources Corporation is based in Los Angeles, California.

Previous Day Activity Analysis

On the last trading day, California Resources Corporation (NYSE:CRC) opened the session at $10.53 and after going down -0.57% closed at $10.44. The stock lost -0.09 points in the last trade.

California Resources Corporation (NYSE:CRC)’s stock fluctuated in the range of $10.33 and $10.75 during the previous active session. California Resources Corporation (NYSE:CRC) traded with the volume of 786852 with average volume of 1.43 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.5 and 62.13 respectively.

Currently the Insider Ownership of the shares of California Resources Corporation (NYSE:CRC) is at 2.5% and the shares outstanding are 42.56 Million.

Important Ratio Analysis

Some important ratios to consider here for California Resources Corporation (NYSE:CRC) are discussed below:

Dividend yield of California Resources Corporation (NYSE:CRC) stands at 0% whereas Price to Earnings P/E ratio stands at 0.93 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 0.21 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 49.37 and 17.77 correspondingly.

The Quick Ratio of California Resources Corporation (NYSE:CRC) stands at 0.5 while the Current Ratio depicts the value of 0.6.

Return on Assets ROA of California Resources Corporation (NYSE:CRC) is at 7.4% whereas, Return on Equity ROE and Return of Investment ROI of California Resources Corporation (NYSE:CRC) stand at -89.6% and 13.9% respectively.

Stock Performance Analysis

The stock performance of California Resources Corporation (NYSE:CRC) on the basis of 5 day trade show the dip of -1.69% whereas, the monthly performance of the stock shows increase of 17.83%.

The quarterly performance of the stock remained in green zone with the value of 28.26% while six month performance of the shares of California Resources Corporation (NYSE:CRC) remained bearish with the count of -11%.

The yearly and YTD performance of California Resources Corporation (NYSE:CRC) remained down at -5.69% and -50.96% respectively.