CHORD ENERGY CORP (CHRD) Technical Analysis
NASDAQ:CHRD • US6742152076
Current stock price
CHRD Technical Rating and Analysis
Overall CHRD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CHRD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CHRD did better than 88% of all other stocks.
- CHRD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CHRD is performing more or less in line with the market.
- CHRD has an average volume of 1143880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CHRD is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, CHRD did better than 62% of them.
- In the last month CHRD has a been trading in the 120.47 - 148.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CHRD Weekly and Daily overview Charts
CHRD Setup Rating and Analysis
Although CHRD has an excellent technical rating, it does not present a decent entry opportunity 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
CHRD Support and Resistance Analysis
86.94
We found 5 important support areas.
- A support zone ranging from 132.77 to 132.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.94 from a trend line in the daily time frame.
- Support @93.89 from a trend line in the daily time frame.
- Support @89.65 from a horizontal line in the weekly time frame.
- Support @87.82 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 145.36 to 146.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
CHRD 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 | UP | POSITIVE | The long term trend for CHRD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHRD is up. |
| ChartMill Relative Strength | 88.64 | POSITIVE | CHRD has a high relative strength, it outperformed 88.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHRD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.15 | NEUTRAL | The RSI value for CHRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.5 | NEGATIVE | The MACD value suggests CHRD has a negative trend. |
| Stochastics (14,3) | 50.71 | NEUTRAL | The Stochastics value for CHRD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CHRD suggests some volalility. |
| Average Directional Index/ADX (14) | 32.38 | POSITIVE | The high ADX value value for CHRD suggests a strong trend. |
CHRD Chart- and CandleStick Pattern Analysis
CHRD Technicals: Chart, Performance Metrics, Trend & Indicators
132.78
-2.15 (-1.59%)
CHORD ENERGY CORP / CHRD TA FAQ
What is the technical rating for CHRD stock?
ChartMill assigns a technical rating of 10 / 10 to CHRD.
Can you provide the trend direction for CHORD ENERGY CORP?
The current trend direction for CHORD ENERGY CORP (CHRD) is Bullish.
What is the RSI signal for CHORD ENERGY CORP (CHRD) stock?
CHORD ENERGY CORP (CHRD) has an RSI value of 52.1454. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CHORD ENERGY CORP?
The buy/sell signal for CHORD ENERGY CORP (CHRD) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CHRD stock?
CHORD ENERGY CORP (CHRD) has a support level at 132.77 and a resistance level at 145.36. Check the full technical report for our detailed analysis of CHRD support and resistance levels.