Crocs, Inc. | CROX

Daily Technical Analysis of Crocs, Inc.

Crocs is up a bit on the day, funds flowing in kept the price up 2.20% since yesterday. It looks like CROX may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line CROX is near a moderate horizontal resistance line. These areas typically mark where sellers have previously been at or buyers don't think the asset is worth more than this price. A resistance line like this could mark a reversal point. Or a good time to sell. Of course, if it breaks through the line there may be a burst of buying on the other side that pushes the price up. Crocs hasn't looked that great recently. We may get more sellers coming in on supply zones, but maybe the buyers finally think it's a good deal, I guess we'll see.

If the price breaks through the resistance level it will probably move up to the $110.95 level where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $98.32 level, hard to say where it will go from there though.

Analyst Ratings for Crocs By Price Target And Rating

The analysts are pretty neutral on Crocs right now, so not much useful information here. The current Analysts Sentiment Score is 1.35. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Raymond James gave a boost to their price target and moved to $145.00 from $120.00 on 2024-02-16. On 2024-02-16 Stifel Nicolaus increased their price target by 6.06% to $140.00. Piper Sandler gave a boost to their price target and moved to $140.00 from $135.00 on 2024-02-16. B. Riley gave a boost to their price target and moved to $95.00 from $93.00 on 2024-02-16. KeyCorp initiated a rating of Overweight on 2024-02-07 and provided a price target of $130.00. Bank of America announced that they are initiating coverage with a rating of Buy on 2023-12-12 and added a price target of $128.00. Wedbush provided a price target boost of 25% to $120.00 from $96.00 on 2023-12-01. Loop Capital decided to move down their price target on 2023-07-28 to $175.00 which is a -5.41% decrease. Robert W. Baird provided a price target boost of 5.71% to $185.00 from $175.00 on 2023-04-28. 500.com reiterated a rating of Maintains on 2023-04-28.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Crocs

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Crocs

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.