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|Top Buys by Top Brass: VP of Accounting Presley's $113.4K Bet on CRK
Monday, November 10, 2:24 PM ET, by Market News Video Staff
A company's own top management tend to have the best inside view into the business, ...
January 2015 Options Now Available For Comstock Resources (CRK)
Monday, November 24, 1:17 PM ET, by Market News Video Staff
Investors in Comstock Resources, Inc. (CRK) saw new options become available today, for the January ...
Reminder - Comstock Resources (CRK) Goes Ex-Dividend Soon
Monday, December 1, 9:58 AM ET, by Market News Video Staff
On 12/3/14, Comstock Resources, Inc. (CRK) will trade ex-dividend, for its quarterly dividend of $0.125, ...
CRK Stock Crowded With Sellers
Monday, December 1, 12:22 PM ET, by Market News Video Staff
In trading on Monday, shares of Comstock Resources, Inc. (CRK) entered into oversold territory, changing ...
Insiders Pile Into Holdings of FCG ETF
Tuesday, December 2, 9:45 AM ET, by Market News Video Staff
A look at the weighted underlying holdings of the First Trust ISE-Revere Natural Gas Index ...
Shares of CRK Now Oversold
By Energy Stock Channel Staff, Tuesday, February 12, 3:50 PM ET
In trading on Tuesday, shares of Comstock Resources, Inc. (NYSE:CRK) entered into oversold territory, changing hands as low as $13.02 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Comstock Resources, Inc., the RSI reading has hit 27.9 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 59.9, the RSI of WTI Crude Oil is at 64.8, and the RSI of Henry Hub Natural Gas is presently 42.0.
A bullish investor could look at CRK's 27.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), CRK's low point in its 52 week range is $12.45 per share, with $21.16 as the 52 week high point — that compares with a last trade of $13.08. Comstock Resources, Inc. shares are currently trading off about 8% on the day.
According to the ETF Finder at ETF Channel, CRK makes up 2.83% of the S&P SmallCap Energy Portfolio ETF (NASDAQ:PSCE) which is trading lower by about 0.5% on the day Tuesday.
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