Bullish vs. Bearish (47 opinions)
Social Sentiment -0.03
CHK Stock Forecast and Technical Analysis
Sell candidate since 2020-01-09 Loss -42.76% PDF
Chesapeake Energy Corporation fell by -8.22% in the last day ( Friday, 14th Feb 2020 ) from $0.49 to $0.45 and has now fallen 3 days in a row. During the day the stock fluctuated 9.56% from a day low at $0.45 to a day high of $0.49. The price has fallen in 7 of the last 10 days and is down by -12.08% for this period. Volume has increased in the last day by 34.80 million shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 116.79 million shares bought and sold for approximately $52.55 million.
CHK Stock Price Summary
- 30 day high of the CHK stock price was $0.74 and low was $0.45.
- 90 day high was $0.98 and low was $0.45.
- 52 week high for Chesapeake Energy Corporation - $3.57 and low - $0.45.
Chesapeake Energy Corporation lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. A break down the bottom trend line at $0.37 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.49% during the next 3 months and, with 90% probability hold a price between $0.30 and $0.68 at the end of this period.
There are few to none technical positive signals at the moment. 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 $0.50 and $0.65. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday February 05, 2020, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
CHK Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 32 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.
CHK Support & Resistance
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
CHK Stock Risk
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 $0.04 between high and low, or 9.56%. For the last week, the stock has had a daily average volatility of 6.48%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
6.48 %Average volatility
Very Low Low Medium High Very High
CHK Stock Evaluation
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.
Important: Please note that 79% of user opinions on StockTwits are positive to the stock. The sentiment is based upon 47 votes on StockTwits.
|CHK $0.45 ($-0.04 -8.22%)|
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