CHARGEPOINT HOLDINGS INC (CHPT) Technical Analysis
NYSE:CHPT • US15961R3030
Current stock price
CHPT Technical Rating and Analysis
Taking everything into account, CHPT scores 4 out of 10 in our technical rating. In the past year, CHPT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 87% 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. 74% of 92 stocks in the same industry do better.
- CHPT 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 CHPT has a been trading in the 4.44 - 7.30 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CHPT Weekly and Daily overview Charts
CHPT Setup Rating and Analysis
CHPT has an average technical rating and it also does not offer a high 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
6.82
We found 1 important resistance area.
- Resistance @7.11 from a horizontal 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 | UP | POSITIVE | The short term trend for CHPT is up. |
| ChartMill Relative Strength | 13.22 | NEGATIVE | CHPT has a low relative strength, it was outperformed by 86.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHPT is above the rising 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) | 69.51 | NEUTRAL | The RSI value for CHPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CHPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.91 | OVERBOUGHT | The high Stochastics value suggests CHPT may be overbought. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for CHPT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.46 | 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
6.89
-0.08 (-1.15%)
CHARGEPOINT HOLDINGS INC / CHPT TA FAQ
What is the technical rating for CHPT stock?
ChartMill assigns a technical rating of 4 / 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 69.5074. 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 hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for CHARGEPOINT HOLDINGS INC?
CHARGEPOINT HOLDINGS INC (CHPT) has a resistance level at 7.11. Check the full technical report for our detailed analysis of CHPT support and resistance levels.