CHARGEPOINT HOLDINGS INC (CHPT) Technical Analysis
NYSE:CHPT • US15961R3030
Current stock price
CHPT Technical Rating and Analysis
Taking everything into account, CHPT scores 0 out of 10 in our technical rating. CHPT 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, CHPT is a bad performer in the overall market: 95% of all stocks are doing better.
- CHPT is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 84% are performing better than CHPT.
- CHPT 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 CHPT is lagging the market.
- In the last month CHPT has a been trading in the 4.44 - 6.13 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CHPT Weekly and Daily overview Charts
CHPT Setup Rating and Analysis
The technical rating of CHPT 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
CHPT Support and Resistance Analysis
4.75
When analyzing the resistance we notice 3 important areas.
- Resistance @6.11 from a trend line in the daily time frame.
- Resistance @7.35 from a trend line in the weekly time frame.
- Resistance @8.19 from a trend line in the daily time frame.
CHPT 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 CHPT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHPT is down. |
| ChartMill Relative Strength | 5.98 | NEGATIVE | CHPT has a low relative strength, it was outperformed by 94.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36 | NEUTRAL | The RSI value for CHPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CHPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.18 | NEUTRAL | The Stochastics value for CHPT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for CHPT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.28 | POSITIVE | The high ADX value value for CHPT suggests a strong trend. |
CHPT Chart- and CandleStick Pattern Analysis
CHPT Technicals: Chart, Performance Metrics, Trend & Indicators
4.8
+0.02 (+0.42%)
CHARGEPOINT HOLDINGS INC / CHPT TA FAQ
What is the technical rating for CHPT stock?
ChartMill assigns a technical rating of 0 / 10 to CHPT.
What is the current trend direction of CHARGEPOINT HOLDINGS INC (CHPT) stock?
The current trend direction for CHARGEPOINT HOLDINGS INC (CHPT) is Bearish.
Can you provide the RSI signal for CHARGEPOINT HOLDINGS INC?
CHARGEPOINT HOLDINGS INC (CHPT) has an RSI value of 35.9993. This indicates that the stock is currently neutral.
What is the buy/sell signal for CHARGEPOINT HOLDINGS INC (CHPT) stock?
The buy/sell signal for CHARGEPOINT HOLDINGS INC (CHPT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CHARGEPOINT HOLDINGS INC?
CHARGEPOINT HOLDINGS INC (CHPT) has a resistance level at 6.11. Check the full technical report for our detailed analysis of CHPT support and resistance levels.