Centennial Resource Development Inc (NASDAQ:CDEV) stock is moving marginally higher in the pre-market session after falling 15% in the past week. The stock has been gaining solid momentum since the beginning of the year with a jump of 328%.
Market Reaction
As of 7:16, CDEV stock is up by 1.26% to trade at $6.42 with more than 200 shares traded hands. Over the past year, the stock has been moving within a range of $0.51-$6.45.
Major Trigger:
Centennial Resource Development to Present at Upcoming Investor Conferences
Key Highlights:
- announced that Sean R. Smith, Chief Executive Officer, is scheduled to present at the RBC Capital Markets Global Energy, Power & Infrastructure Conference to be held virtually on June 9, 2021 at 10:00 a.m. Eastern.
- Mr. Smith is also scheduled to present at the J.P. Morgan Energy, Power & Renewables Conference to be held virtually on June 23, 2021 at 3:40 p.m. Eastern. The live webcasts for both conferences will be available on Centennial’s website at www.cdevinc.com under the Investor Relations tab.
Moving Averages
| +/- EMA(20) | 5.24 (+20.99%) |
| +/- SMA(50) | 4.55 (+39.34%) |
| +/- SMA(200) | 2.55 (+148.63%) |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 37.9291 | Buy | ATR14 | 0.3813 | |
| CCI20 | 154.0809 | Buy | Chaikin Money Flow | 0.1737 | Buy |
| MACD | 0.4886 | Buy | Money Flow Index | 92.8218 | OverBought |
| ROC | 39.6476 | Buy | RSI | 76.6418 | OverBought |
| STOCH (14,3) | 95.1542 | OverBought | STOCH RSI | 1.0000 | OverBought |
| UO | 67.0568 | Buy | Williams %R | -4.8458 | OverBought |
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