Continental Resources (CLR) Shares are Down -2.31%

Continental Resources (CLR) has risen sharply, recording gains of 3.22% in the past 4 weeks. However, the stock has corrected -2.31% in the past 1 week, providing a good buying opportunity on dips. Continental Resources (CLR) : During the past 4 weeks, traders have been relatively bearish on Continental Resources (CLR), hence the stock is down -3.31% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.9% relative to the S&P 500.

Continental Resources (NYSE:CLR): The stock opened at $45.34 on Friday but the bulls could not build on the opening and the stock topped out at $45.53 for the day. The stock traded down to $44.59 during the day, due to lack of any buying support eventually closed down at $44.90 with a loss of -0.36% for the day. The stock had closed at $45.06 on the previous day. The total traded volume was 1,971,271 shares.


The stock has recorded a 20-day Moving Average of 0.6% and the 50-Day Moving Average is 4.43%. Continental Resources, Inc. is up 16.84% in the last 3-month period. Year-to-Date the stock performance stands at 95.39%.

Continental Resources, Inc. is an independent crude oil and natural gas exploration and production company. The Company owns properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. The Bakken field of North Dakota and Montana is a crude oil resource play. The South region includes Kansas and all properties south of Kansas and west of the Mississippi River, including various plays in the South Central Oklahoma Oil Province (SCOOP), Northwest Cana and Arkoma areas of Oklahoma. The East region comprises undeveloped leasehold acreage east of the Mississippi River.

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