CHAMPIONX CORP (CHX)

US15872M1045 - Common Stock

31.28  +0.58 (+1.89%)

After market: 31.31 +0.03 (+0.1%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to CHX. CHX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CHX has a been trading in the 27.82 - 32.08 range, which is quite wide. It is currently trading near the high of this range.
CHX has an average volume of 1754980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CHX turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
CHX is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, CHX did better than 57% of them.
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.
Weekly and Daily overview Charts
CHX Weekly chart
CHX Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, CHX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 31.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.27, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

25.46

35.45

3 important support areas can be observed.

  • A support zone ranging from 30.03 to 31.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.61 to 28.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.72 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 31.89 to 32.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 35.10 to 35.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.07
Mansfield-1.18
10 Day High32.08
10 Day Low30.28
20 Day High32.08
20 Day Low27.82
52 Week High39.95
52 Week Low25.46
Performance
1 Week1.3%
2 Weeks1.36%
1 Month7.75%
3 Month-2.07%
6 Month-4.2%
12 Month6.25%
2 Year1.43%
3 Year53.26%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)57.37
LBB28.85
UBB32.5
CHX Daily chart

CHAMPIONX CORP

NASDAQ:CHX (11/21/2024, 8:19:32 PM)

After market: 31.31 +0.03 (+0.1%)

31.28

+0.58 (+1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.89%
1 Week1.3%
2 Weeks1.36%
1 Month7.75%
3 Month-2.07%
6 Month-4.2%
12 Month6.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.86
ATR(20)%2.52%
ATR Inc
Range Today0.74
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.08
10 Day Low30.28
20 Day High32.08
20 Day Low27.82
52 Week High39.95
52 Week Low25.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.22M
Volume Incr-28.87%
Vol(5)1.28M
Vol(50)1.75M