CHESAPEAKE ENERGY -CW26 (CHKEZ) Stock Technical Analysis

USA • Nasdaq • NASDAQ:CHKEZ

64.04 USD
+2.04 (+3.29%)
Last: Sep 20, 2024, 01:34 PM
Technical Rating and Analysis

0

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.
  • When comparing the yearly performance of all stocks, CHKEZ is a bad performer in the overall market: 81% of all stocks are doing better.
  • CHKEZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
  • 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.
Weekly and Daily overview Charts
CHESAPEAKE ENERGY -CW26 / CHKEZ Weekly stock chart
CHESAPEAKE ENERGY -CW26 / CHKEZ Daily stock chart
Setup Rating and Analysis

1

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.

Support and Resistance Analysis

55.94

80.80

When analyzing the support we can see 2 important 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.

3 important resistance areas can be observed.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CHKEZ is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CHKEZ is down.
ChartMill Relative Strength19.66NEGATIVECHKEZ has a low relative strength, it was outperformed by 80.34% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CHKEZ is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CHKEZ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CHKEZ is below a declining SMA(200).
Relative Strength Index/RSI (14)45.83NEUTRALThe RSI value for CHKEZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.5NEGATIVEThe MACD value suggests CHKEZ has a negative trend, although the MACD value is rising.
Stochastics (14,3)24.35NEUTRALThe Stochastics value for CHKEZ is a neutral value.
Average True Range in percent/ATR (20)3.59MEDIUM VOLATILITYThe ATR as a percentage value for CHKEZ suggests some volalility.
Average Directional Index/ADX (14)24.75NEUTRALThe ADX value for CHKEZ suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
CHESAPEAKE ENERGY -CW26 / CHKEZ Daily stock chart

CHESAPEAKE ENERGY -CW26

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
3 months CRSN/A
6 months CRSN/A
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

CHESAPEAKE ENERGY -CW26 / CHKEZ FAQ

What is the technical rating for CHKEZ stock?

ChartMill assigns a technical rating of 0 / 10 to CHKEZ.


What is the trend direction for CHKEZ stock?

The current trend direction for CHESAPEAKE ENERGY -CW26 (CHKEZ) is Bearish.


What is the RSI signal for CHKEZ stock?

CHESAPEAKE ENERGY -CW26 (CHKEZ) has an RSI value of 45.8341. This indicates that the stock is currently neutral.


What is the MACD signal for CHKEZ stock?

The MACD indicator for CHESAPEAKE ENERGY -CW26 (CHKEZ) has a value of -0.499518, indicating a bearish trend.


What is the buy/sell signal for CHESAPEAKE ENERGY -CW26 (CHKEZ) stock?

The buy/sell signal for CHESAPEAKE ENERGY -CW26 (CHKEZ) is sell as both the short term and long term trends are negative.