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CPE
CALLON PETROLEUM CO
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 08.27.2010 (5) days ago, when the stock price was 3.8400. Since then CPE has fallen -2.08% .

The previous SELL-IF signal is now null and void. We allowed two days for the confirmation of the bearish pattern and the market denied confirmation. None of the three bearish confirmation conditions were realized though you are still in a territory of small loss since the previous BUY signal.

Continue to hold the stock . Give another chance to the market and wait for the new signal. A warning will be issued immediately if your potential losses reach to an intolerable level.

The short positions are still too risky.

Data provided by:  End of Day Data

 
HOLD
3.7600
+0.0600 +1.62%
Candlestick Analysis
Today’s Candlestick Patterns:
Black Spinning Top
Candlestick Pattern

Today a Black Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 3.7600
Previous Close 3.7000
Previous Open 3.6300
Change +0.0600
% Change +1.62%
Volume 498,551
 
Stock Activity
Day's Open 3.7900
Day's High 3.8300
Day's Low 3.7000
20-Day Close M.A. 4.7170
50-Day Close M.A. 5.4662
65-Day Volume M.A. 672,587
 

Two-Year Signal History
Date          Price   Signal $100
Became
08.27.10 3.840    Buy 2,484
08.03.10 5.700    Sell 2,484
07.30.10 5.630    Buy 2,454
07.28.10 5.620    Sell 2,454
07.22.10 5.580    Buy 2,436
07.06.10 6.100    Sell 2,436
06.28.10 6.140    Buy 2,452
06.18.10 7.100    Sell 2,452
06.03.10 5.460    Buy 1,886
05.17.10 5.990    Sell 1,886
05.11.10 5.920    Buy 1,864
04.30.10 6.340    Sell 1,864
04.23.10 6.220    Buy 1,828
04.14.10 7.010    Sell 1,828
04.05.10 5.640    Buy 1,471
03.30.10 5.520    Sell 1,471
03.24.10 5.020    Buy 1,338
03.19.10 5.070    Sell 1,338
03.12.10 3.840    Buy 1,013
03.10.10 3.940    Sell 1,013
02.26.10 2.930    Buy 754
02.22.10 3.070    Sell 754
02.11.10 2.860    Buy 702
01.29.10 2.480    Sell 702
12.11.09 1.620    Buy 459
11.23.09 1.720    Sell 459
11.16.09 1.600    Buy 427
11.11.09 1.650    Sell 427
11.05.09 1.750    Buy 452
10.26.09 1.890    Sell 452
10.21.09 1.900    Buy 455
09.30.09 1.910    Sell 455
09.28.09 1.830    Buy 436
08.25.09 1.610    Sell 436
08.12.09 1.600    Buy 433
07.29.09 1.620    Sell 433
07.24.09 1.580    Buy 422
07.21.09 1.640    Sell 422
07.10.09 1.450    Buy 373
07.02.09 1.870    Sell 373
06.30.09 1.830    Buy 365
06.09.09 2.670    Sell 365
05.28.09 2.480    Buy 339
05.07.09 2.420    Sell 339
04.22.09 1.750    Buy 245
04.17.09 2.040    Sell 245
04.02.09 1.100    Buy 132
03.24.09 1.080    Sell 132
03.19.09 1.020    Buy 125
03.16.09 1.030    Sell 125
03.10.09 1.080    Buy 131
03.06.09 1.020    Sell 131
03.04.09 1.110    Buy 143
02.10.09 2.340    Sell 143
02.03.09 2.120    Buy 129
01.08.09 2.980    Sell 129
12.29.08 2.220    Buy 96
12.24.08 2.300    Sell 96
12.09.08 1.520    Buy 64
12.01.08 2.400    Sell 64
11.24.08 5.130    Buy 136
11.05.08 11.040    Sell 136
10.29.08 8.190    Buy 101
10.22.08 11.020    Sell 101
10.17.08 10.870    Buy 100
10.14.08 10.830    Sell 100
10.10.08 10.700    Buy 98
09.08.08 19.370    Sell 98
09.03.08 19.450    Buy 99
08.25.08 19.360    Sell 99
08.20.08 19.610    Buy 100
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  Quality maintenance-free data supplied by End of Day Data