Tuesday May 21, 2019 Change 1.12% Price $2.70
Chart period: 2019-02-22 - 2019-05-21
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Social Sentiment for MCF

Today's data is from 1 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.00

Will MCF stock price go up or down on Thu, 23 May 2019?

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Contango Oil & Gas Company Forecast and Stock Analysis

Technical MCF stock analysis for Tuesday May 21, 2019.

Sell candidate since 2019-05-08 Loss -16.67%
Shorts 14.59% ( 2019-04-15 )
Insider % n/a
Institutional % 68.70%
Beta 1.45
ROA -44.37%
Price to book USD 0.69
P/E Ratio -0.50
Next Earnings Date 2019-08-04


Contango Oil & Gas Company gained 1.12% in the last trading day ( Tuesday, 21st May 2019 ), rising from $2.67 to $2.70 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 8.71% from a day low at $2.64 to a day high of $2.87. The price has fallen in 7 of the last 10 days and is down by -17.43% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 15 715 more shares were traded than the day before. In total, 150 667 shares bought and sold for approximately $406 801.00.

Quick summary:

  • 30 day high of the MCF stock price was $3.40 and low was $2.50.
  • 90 day high was $3.90 and low was $2.50.
  • 52 week high for the Contango Oil & Gas Company - $7.32 and low - $2.50.

Trend

Contango Oil & Gas Company lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.61% during the next 3 months and, with 90% probability hold a price between $2.11 and $2.61 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Thursday May 16, 2019, which indicates further gains until a new top pivot has been found. Contango Oil & Gas Company has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Contango Oil & Gas Company holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $2.71 and $3.08. A break-up above any of these levels will issue buy signals.

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Relative Strength Index (RSI)

RSI14 is 39 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Contango Oil & Gas Company finds support from accumulated volume at $2.66.

Support: $2.66 Price: $2.70 Resistance: $3.21

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.23 between high and low, or 8.71%. For the last week, the stock has had a daily average volatility of 7.61%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

7.61 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today MCF ranks #5200 as SELL CANDIDATE #5200 Weaker Sell
MCF $2.70 ($0.03 1.12%)
MCF is up $0.03 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for MCF based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the MCF analysis is free »

Will MCF stock price go up or down
on Thu, 23 May 2019?

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