Chaparral Energy Inc (CHAP) Technical Analysis
NYSE:CHAP
Current stock price
CHAP Technical Rating and Analysis
Overall CHAP gets a technical rating of 0 out of 10. CHAP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CHAP is a bad performer in the overall market: 99% of all stocks are doing better.
- CHAP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CHAP is lagging the market.
- In the last month CHAP has a been trading in the 0.35 - 0.55 range, which is quite wide. It is currently trading near the lows of this range.
- CHAP has an average volume of 2835290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHAP Weekly and Daily overview Charts
CHAP Setup Rating and Analysis
The technical rating of CHAP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CHAP Support and Resistance Analysis
0.37
We found 2 important support areas.
- Support @0.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.68 from a trend line in the weekly time frame.
CHAP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CHAP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHAP is down. |
| ChartMill Relative Strength | 1.71 | NEGATIVE | CHAP has a low relative strength, it was outperformed by 98.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHAP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.73 | NEUTRAL | The RSI value for CHAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CHAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.24 | NEUTRAL | The Stochastics value for CHAP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.95 | HIGH VOLATILITY | The high ATR as a percentage value for CHAP suggests high volalility. |
CHAP Chart- and CandleStick Pattern Analysis
CHAP Technicals: Chart, Performance Metrics, Trend & Indicators
0.392
-0.03 (-6.64%)
Chaparral Energy Inc / CHAP TA FAQ
What is the ChartMill technical rating of Chaparral Energy Inc (CHAP) stock?
ChartMill assigns a technical rating of 0 / 10 to CHAP.
Can you provide the trend direction for Chaparral Energy Inc?
The current trend direction for Chaparral Energy Inc (CHAP) is Bearish.
What is the RSI signal for CHAP stock?
Chaparral Energy Inc (CHAP) has an RSI value of 40.7324. This indicates that the stock is currently neutral.
What is the MACD signal for Chaparral Energy Inc (CHAP) stock?
The MACD indicator for Chaparral Energy Inc (CHAP) has a value of 0.00833087, indicating a bearish trend.
What is the short term momentum for Chaparral Energy Inc (CHAP) stock?
The short term momentum for Chaparral Energy Inc (CHAP) is negative.