(CIVI) Long Term Investment Analysis

November 22, 2024, 01:22 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CIVI

• Buy CIVI near 48.46 target 56.31 stop loss @ 48.32 Details

The technical summary data tells us to buy CIVI near 48.46 with an upside target of 56.31. This data also tells us to set a stop loss @ 48.32 to protect against excessive loss in case the stock begins to move against the trade. 48.46 is the first level of support below 52.28 , and by rule, any test of support is a buy signal. In this case, support 48.46 would be being tested, so a buy signal would exist.

• Short CIVI slightly under 56.31, target 48.46, stop loss @ 56.47 Details

The technical summary data is suggesting a short of CIVI as it gets near 56.31 with a downside target of 48.46. We should have a stop loss in place at 56.47though. 56.31 is the first level of resistance above 52.28, and by rule, any test of resistance is a short signal. In this case, if resistance 56.31 is being tested, so a short signal would exist.

Swing Trading Plans for CIVI

• Buy CIVI slightly over 56.31, target 64.25, Stop Loss @ 56.15 Details

If 56.31 begins to break higher, the technical summary data tells us to buy CIVI just slightly over 56.31, with an upside target of 64.25. The data also tells us to set a stop loss @ 56.15 in case the stock turns against the trade. 56.31 is the first level of resistance above 52.28, and by rule, any break above resistance is a buy signal. In this case, 56.31, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CIVI slightly near 56.31, target 52.02, Stop Loss @ 56.47. Details

The technical summary data is suggesting a short of CIVI if it tests 56.31 with a downside target of 52.02. We should have a stop loss in place at 56.47 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 56.31, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CIVI

• Buy CIVI slightly over 52.58, target 56.31, Stop Loss @ 52.46 Details

If 52.58 begins to break higher, the technical summary data tells us to buy CIVI just slightly over 52.58, with an upside target of 56.31. The data also tells us to set a stop loss @ 52.46 in case the stock turns against the trade. 52.58 is the first level of resistance above 52.28, and by rule, any break above resistance is a buy signal. In this case, 52.58, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short CIVI slightly near 52.58, target 52.02, Stop Loss @ 52.7. Details

The technical summary data is suggesting a short of CIVI if it tests 52.58 with a downside target of 52.02. We should have a stop loss in place at 52.7 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 52.58, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Civitas Resources Inc. (CIVI) available here: CIVI.

CIVI Ratings for November 22:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Weak
P1	0	0	48.46
P2	51.46	50.22	56.31
P3	52.58	52.02	64.25

AI Generated Signals for CIVI

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Technically, Civitas Resources Inc. (NASDAQ: CIVI) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CIVI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CIVI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CIVI too.  All of these are offered below the Summary Table.