Taking everything into account, CHRD scores 0 out of 10 in our technical rating. CHRD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CHRD has a poor technical rating and the quality of the setup is also only medium 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
86.53
When analyzing the support we notice one important area.
- A support zone ranging from 87.40 to 87.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 91.50 to 93.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.65 to 98.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @100.98 from a horizontal 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 CHRD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHRD is neutral. |
| ChartMill Relative Strength | 17.23 | NEGATIVE | CHRD has a low relative strength, it was outperformed by 82.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHRD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.93 | NEUTRAL | The RSI value for CHRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CHRD has a negative trend. |
| Stochastics (14,3) | 36.08 | NEUTRAL | The Stochastics value for CHRD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CHRD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for CHRD suggests a weak or negative trend. |
89.83
-0.8 (-0.88%)
CHORD ENERGY CORP / CHRD FAQ
What is the technical rating for CHRD stock?
ChartMill assigns a technical rating of 0 / 10 to CHRD.
Can you provide the trend direction for CHORD ENERGY CORP?
The current trend direction for CHORD ENERGY CORP (CHRD) is Bearish.
Can you provide the RSI signal for CHORD ENERGY CORP?
CHORD ENERGY CORP (CHRD) has an RSI value of 42.9346. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CHORD ENERGY CORP?
The short term momentum for CHORD ENERGY CORP (CHRD) is neutral.
What are the support and resistance levels for CHORD ENERGY CORP (CHRD) stock?
CHORD ENERGY CORP (CHRD) has a support level at 87.82 and a resistance level at 91.5. Check the full technical report for our detailed analysis of CHRD support and resistance levels.