Bullish vs. Bearish (201 opinions)
Social Sentiment 0.05
CHK Forecast and Technical Stock Analysis
Sell candidate since 2020-01-09 Loss -12.25% PDF
Chesapeake Energy Corporation gained 1.11% in the last trading day ( Thursday, 16th Jan 2020 ), rising from $0.68 to $0.69 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 7.28% from a day low at $0.69 to a day high of $0.74. The price has fallen in 6 of the last 10 days and is down by -19.78% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 8.28 million more shares were traded than the day before. In total, 56.99 million shares bought and sold for approximately $39.31 million.
- 30 day high of the CHK stock price was $0.98 and low was $0.66.
- 90 day high was $1.59 and low was $0.55.
- 52 week high for Chesapeake Energy Corporation - $3.57 and low - $0.55.
Chesapeake Energy Corporation lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -34.50% during the next 3 months and, with 90% probability hold a price between $0.13 and $0.72 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday January 14, 2020, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Chesapeake Energy Corporation holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $0.72 and $0.79. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 26 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Chesapeake Energy Corporation finds support from accumulated volume at $0.67.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.05 between high and low, or 7.28%. For the last week, the stock has had a daily average volatility of 6.72%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
6.72 %Average volatility
Very Low Low Medium High Very High
Chesapeake Energy Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 201 votes on StockTwits.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.