Continental Resources (CLR) Shares are Up 1.17%

Continental Resources (CLR) : Traders are bullish on Continental Resources (CLR) as it has outperformed the S&P 500 by a wide margin of 12.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.84%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.17% in the last 1 week, and is up 11.9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 6.53% and the fifty day Moving Average is 9.52%. Continental Resources, Inc. is up 17.75% in the last three month period. Year-to-Date the stock performance stands at 114.49%.

Continental Resources (CLR) stock is expected to deviate a maximum of $10.06 from the average target price of $51.21 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $66 and the most muted being $30.


Continental Resources (NYSE:CLR): stock turned positive on Friday. Though the stock opened at $49.13, the bulls momentum made the stock top out at $50 level for the day. The stock recorded a low of $48.8 and closed the trading day at $49.29, in the green by 0.90%. The total traded volume for the day was 1,928,323. The stock had closed at $48.85 in the previous days trading.

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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