CHESAPEAKE ENERGY -CW26 (CHKEZ) Stock Technical Analysis
NASDAQ:CHKEZ - Nasdaq - - Currency: USD
Overall CHKEZ gets a technical rating of 0 out of 10. CHKEZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than CHKEZ.
CHKEZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHKEZ is lagging the market.
In the last month CHKEZ has a been trading in the 56.84 - 82.01 range, which is quite wide. It is currently trading near the lows of this range.
Warning: CHKEZ has an average volume of 2116 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of CHKEZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
55.94
80.80
We found 2 important support areas.
- Support @58.32 from a trend line in the weekly time frame.
- A support zone ranging from 56.50 to 57.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 67.49 to 68.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @78.32 from a trend line in the weekly time frame.
- Resistance @80.00 from a trend line in the daily time frame.
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 CHKEZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHKEZ is down. |
| ChartMill Relative Strength | 19.66 | NEGATIVE | CHKEZ has a low relative strength, it was outperformed by 80.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHKEZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHKEZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHKEZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.83 | NEUTRAL | The RSI value for CHKEZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests CHKEZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.35 | NEUTRAL | The Stochastics value for CHKEZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CHKEZ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for CHKEZ suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:CHKEZ (9/20/2024, 1:34:18 PM)
64.04
+2.04 (+3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.29%
1 Week5.9%
2 Weeks-7.3%
1 Month-18.21%
3 Month-6.78%
6 Month-17.37%
12 Month-10.12%
2 Year-16.3%
3 Year96.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%3.59%
ATR Inc82.32%
Range Today0
ADR(20)0.31
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.66
Mansfield-3.48
10 Day High64.04
10 Day Low56.84
20 Day High82.01
20 Day Low56.84
52 Week High90.7
52 Week Low56.51
CS1 End58.32
CR1 Start67.49
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-42.29%
Vol(5)2.04K
Vol(50)2.12K