CHORD ENERGY CORP (CHRD) Stock Technical Analysis
USA - NASDAQ:CHRD - US6742152076 - Common Stock
100.37 USD
-3.96 (-3.8%)
100.37 USD
0 (0%)
Taking everything into account, CHRD scores 1 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.
88% of all other stocks performed better in the past year than CHRD.
CHRD is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 74% are performing better than CHRD.
In the last month CHRD has a been trading in the 100.09 - 111.66 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CHRD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHRD is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CHRD does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
86.94
115.55
When analyzing the support we can see 3 important areas.
- Support @99.41 from a horizontal line in the daily time frame.
- Support @96.85 from a horizontal line in the daily time frame.
- Support @87.82 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 103.60 to 106.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.19 to 110.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 114.13 to 114.41. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CHRD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHRD is neutral. |
| ChartMill Relative Strength | 12.56 | NEGATIVE | CHRD has a low relative strength, it was outperformed by 87.44% 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) | 41.36 | NEUTRAL | The RSI value for CHRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests CHRD has a negative trend. |
| Stochastics (14,3) | 22.94 | NEUTRAL | The Stochastics value for CHRD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for CHRD suggests some volalility. |
| Average Directional Index/ADX (14) | 11.04 | NEGATIVE | The low ADX value for CHRD 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)
100.37
-3.96 (-3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.8%
1 Week-3.64%
2 Weeks-2.95%
1 Month-1.6%
3 Month-3.56%
6 Month-8.51%
12 Month-26.59%
2 Year-38.07%
3 Year-26.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.39
ATR(20)%3.22%
ATR Inc3.64%
Range Today3.8
ADR(20)2.99
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.56
Mansfield-1.85
10 Day High107.09
10 Day Low100.09
20 Day High111.66
20 Day Low100.09
52 Week High140.16
52 Week Low79.83
CS1 End99.41
CR1 Start103.6
Volume & EV
DER(3)0.51%
DER(5)0.15%
Volume1.77M
Volume Incr49.95%
Vol(5)1.18M
Vol(50)781.77K