Use advanced tools to confirm the Double Bottom on CTRA before you trade.
Reversal pattern after a downtrend.
Technical analysis of Coterra (CTRA) reveals a significant setup. The stock is trading at $31.67, down 4.06% on the day. Algorithmically, a Double Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $36.88, targeting $44.05 with support near $33.3 (R:R 2.0).
What is your outlook on CTRA?