NYSE trade advice (C): US oil & gas production stock | 8-10% gain | USA stock trading signal on 8 Jan 2025

Date
January 8, 2025
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Swing Stocks Trading Advice USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Comstock Resources Incorporation
  • 17.7 – 18.7
  • 20.13 – 20.65
  • Below 17
  • 8% – 10%
  • 14 - 15 Days
  • Buy
    Comstock Resources Incorporation
  • Buy
    Range
    17.7 – 18.7
  • Target
    20.13 – 20.65
  • Stoploss
    Below 17
  • Upside
    Potential
    8% – 10%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Comstock Resources Incorporation (NYSE: CRK) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • CRK
  • Comstock Resources Incorporation
  • Oil & Gas Production
  • 19.25
  • 7.07
  • NYSE code CRK
  • Stock Name Comstock Resources Incorporation
  • Sector Oil & Gas Production
  • 52 Weeks High 19.25
  • 52 Weeks Low 7.07
  • Comstock Resources Incorporation (NYSE: CRK) vs NYSE Composite Index - Relative Strength Comparison

    The image compares Comstock Resources Incorporation's 1-year performance to NYSE Composite Index.
    Relative Performance - Last 1 Year
    CRK —   NYSE Composite Index —

  • Comstock Resources Incorporation (NYSE: CRK) - Technical Analysis (Daily)

    Comstock Resources Incorporation - Technical Analysis chart on Daily Price and Volume
    Comstock Resources Incorporation - Technical Analysis chart on Daily Price and Volume

    • After a significant period of consolidation, the stock price has formed an Inverted Head & Shoulders pattern.
    • Once it broke out, the price experienced a sharp increase and appears to be maintaining its upward momentum.
  • Comstock Resources Incorporation (NYSE: CRK) - RSI Indicator

    Comstock Resources Incorporation stock analysis based on RSI indicator
    Comstock Resources Incorporation - RSI Indicator

    • Current RSI of this stock is 65.43, which indicates the strength of buyers.

  • Comstock Resources Incorporation (NYSE: CRK) - MACD Indicator

    Comstock Resources Incorporation stock analysis based on MACD indicator
    Comstock Resources Incorporation - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Comstock Resources Incorporation (NYSE: CRK) - EMA Crossover

    Comstock Resources Incorporation stock analysis based on EMA Crossover
    Comstock Resources Incorporation - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Comstock Resources Incorporation (NYSE: CRK) Stock Price Forecast

    Based on our swing trading in the US stock market, Comstock Resources Incorporation stock price target will be USD 20.13 - USD 20.65 in the next 14-15 trading sessions.

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    Target hit. Trade closed.

    8 Jan 2025
    13 Jan 2025
    13 Jan 2025
    3 days
    Loss per
    100,000 SAR
    Stop-loss
    17
    Buy Advice
    8 Jan 2025
    17.7 – 18.7
    Target 1
    13 Jan 2025
    20.13
    Target 2
    13 Jan 2025
    20.65
    Profit per
    100,000 SAR
    3 days
    9,840
    17
    17.7 – 18.7
    20.13
    20.65
    9,840
    8 Jan 2025
    13 Jan 2025
    13 Jan 2025
    3 days
    Loss per
    100,000 SAR
    Stop-loss
    17
    Buy Advice
    8 Jan 2025
    17.7 – 18.7
    Target 1
    13 Jan 2025
    20.13
    Target 2
    13 Jan 2025
    20.65
    Profit per
    100,000 SAR
    3 days
    9,840
    17
    17.7 – 18.7
    20.13
    20.65
    9,840
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Comstock Resources Incorporation
  • 17.7 – 18.7
  • 20.13 – 20.65
  • Below 17
  • 8% – 10%
  • 14 - 15 Days
  • Buy Comstock Resources Incorporation
  • Buy
    Range
    17.7 – 18.7
  • Target 20.13 – 20.65
  • Stoploss Below 17
  • Upside
    Potential
    8% – 10%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Comstock Resources Incorporation
  • 17.7 – 18.7
  • 20.13 – 20.65
  • Below 17
  • 8% – 10%
  • 14 - 15 Days
  • Buy
    Comstock Resources Incorporation
  • Buy
    Range
    17.7 – 18.7
  • Target
    20.13 – 20.65
  • Stoploss
    Below 17
  • Upside
    Potential
    8% – 10%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Comstock Resources Incorporation (NYSE: CRK) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • CRK
  • Comstock Resources Incorporation
  • Oil & Gas Production
  • 19.25
  • 7.07
  • NYSE code CRK
  • Stock Name Comstock Resources Incorporation
  • Sector Oil & Gas Production
  • 52 Weeks High 19.25
  • 52 Weeks Low 7.07
  • Company profile

    Comstock Resources, Inc. is a dynamic independent energy firm focused on acquiring, exploring, developing, and producing natural gas and oil assets across the United States. The company’s valuable properties are primarily situated in the prolific Haynesville and Bossier shales of North Louisiana and East Texas. Established in 1919, Comstock is headquartered in Frisco, Texas, and operates as a subsidiary of Arkoma Drilling, L.P. This long-standing company is committed to harnessing energy resources to meet the growing demands of the market.

  • Comstock Resources Incorporation (NYSE: CRK) vs NYSE Composite Index - Relative Strength Comparison

    The image compares Comstock Resources Incorporation's 1-year performance to NYSE Composite Index.
    Relative Performance - Last 1 Year
    CRK —   NYSE Composite Index —

  • Comstock Resources Incorporation (NYSE: CRK) - Technical Analysis (Daily)

    Comstock Resources Incorporation - Technical Analysis chart on Daily Price and Volume
    Comstock Resources Incorporation - Technical Analysis chart on Daily Price and Volume

    • After a significant period of consolidation, the stock price has formed an Inverted Head & Shoulders pattern.
    • Once it broke out, the price experienced a sharp increase and appears to be maintaining its upward momentum.
  • Comstock Resources Incorporation (NYSE: CRK) - RSI Indicator

    Comstock Resources Incorporation stock analysis based on RSI indicator
    Comstock Resources Incorporation - RSI Indicator

    • Current RSI of this stock is 65.43, which indicates the strength of buyers.

  • Comstock Resources Incorporation (NYSE: CRK) - MACD Indicator

    Comstock Resources Incorporation stock analysis based on MACD indicator
    Comstock Resources Incorporation - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Comstock Resources Incorporation (NYSE: CRK) - EMA Crossover

    Comstock Resources Incorporation stock analysis based on EMA Crossover
    Comstock Resources Incorporation - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Comstock Resources Incorporation (NYSE: CRK) Stock Price Forecast

    Based on our swing trading in the US stock market, Comstock Resources Incorporation stock price target will be USD 20.13 - USD 20.65 in the next 14-15 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

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