CHARGEPOINT HOLDINGS INC (CHPT) Stock Technical Analysis
NYSE:CHPT - New York Stock Exchange, Inc. - US15961R1059 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CHPT. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than CHPT.
CHPT is one of the lesser performing stocks in the Electrical Equipment industry. 79% of 93 stocks in the same industry do better.
CHPT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CHPT has a been trading in the 0.58 - 0.81 range, which is quite wide. It is currently trading near the lows of this range.
CHPT has an average volume of 17885900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.67. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CHPT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.60
0.77
We found 1 important support area.
- Support @0.61 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.72 from a trend line in the daily time frame.
- Resistance @0.76 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 CHPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHPT is neutral. |
| ChartMill Relative Strength | 4.41 | NEGATIVE | CHPT has a low relative strength, it was outperformed by 95.59% 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) | 41.83 | NEUTRAL | The RSI value for CHPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CHPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.08 | NEUTRAL | The Stochastics value for CHPT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.68 | HIGH VOLATILITY | The high ATR as a percentage value for CHPT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.17 | NEGATIVE | The low ADX value for CHPT suggests a weak or negative 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)
0.6245
-0.04 (-6.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-6.48%
1 Week0.45%
2 Weeks-9.2%
1 Month-12.86%
3 Month-6.39%
6 Month-37.55%
12 Month-71.48%
2 Year-92.79%
3 Year-95.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.68%
ATR Inc11.03%
Range Today0.06
ADR(20)0.05
ADR(20)%7.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.41
Mansfield-4.43
10 Day High0.69
10 Day Low0.58
20 Day High0.81
20 Day Low0.58
52 Week High2.27
52 Week Low0.51
CS1 End0.61
CR1 Start0.67
Volume & EV
DER(3)6.35%
DER(5)1.02%
Volume15.31M
Volume Incr-20.77%
Vol(5)15.00M
Vol(50)17.89M