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CHAMPIONX CORP (CHX) Stock Technical Analysis

NASDAQ:CHX - Nasdaq - US15872M1045 - Common Stock - Currency: USD

25.81  -0.79 (-2.97%)

After market: 25.83 +0.02 (+0.08%)

Technical Rating and Analysis

3

Taking everything into account, CHX scores 3 out of 10 in our technical rating. CHX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, CHX is a bad performer in the overall market: 87% of all stocks are doing better.
CHX is one of the lesser performing stocks in the Energy Equipment & Services industry. 66% of 61 stocks in the same industry do better.
CHX has an average volume of 3063130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CHX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHX is lagging the market.
In the last month CHX has a been trading in the 24.32 - 27.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CHAMPIONX CORP / CHX Weekly stock chart
CHAMPIONX CORP / CHX Daily stock chart
Setup Rating and Analysis

6

CHX has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

23.83

31.59

We found 2 important support areas.

  • Support @24.89 from a trend line in the daily time frame.
  • A support zone ranging from 24.07 to 24.13. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 25.92 to 26.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 27.33 to 27.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 29.03 to 29.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @31.28 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CHX is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CHX is neutral.
ChartMill Relative Strength13.91NEGATIVECHX has a low relative strength, it was outperformed by 86.09% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CHX is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CHX is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CHX is below a declining SMA(200).
Relative Strength Index/RSI (14)49.26NEUTRALThe RSI value for CHX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests CHX has a positive trend, although the MACD value is declining.
Stochastics (14,3)70.49NEUTRALThe Stochastics value for CHX is a neutral value.
Average True Range in percent/ATR (20)2.99MEDIUM VOLATILITYThe ATR as a percentage value for CHX suggests some volalility.
Average Directional Index/ADX (14)17.34NEGATIVEThe low ADX value for CHX suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
CHAMPIONX CORP / CHX Daily stock chart

CHAMPIONX CORP

NASDAQ:CHX (7/15/2025, 8:00:00 PM)

After market: 25.83 +0.02 (+0.08%)

25.81

-0.79 (-2.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.97%
1 Week-3.87%
2 Weeks3.9%
1 Month-3.22%
3 Month1.57%
6 Month-17.3%
12 Month-26.45%
2 Year-27.5%
3 Year23.55%
5 Year171.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%2.99%
ATR Inc17.53%
Range Today0.91
ADR(20)0.76
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.91
Mansfield-1.63
10 Day High27.55
10 Day Low24.6
20 Day High27.55
20 Day Low24.32
52 Week High35.68
52 Week Low21.92
CS1 End24.89
CR1 Start25.92
Volume & EV
DER(3)5.43%
DER(5)4.44%
Volume7.41M
Volume Incr16.87%
Vol(5)3.52M
Vol(50)3.06M