CHAMPIONX CORP (CHX)

US15872M1045 - Common Stock

26.09  +0.3 (+1.16%)

Technical Rating and Analysis

0

Taking everything into account, CHX scores 0 out of 10 in our technical rating. CHX'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than CHX.
CHX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CHX is lagging the market.
In the last month CHX has a been trading in the 25.57 - 31.75 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CHX has an average volume of 1770320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CHX is an average performer in the Energy Equipment & Services industry, it outperforms 43% of 59 stocks in the same industry.
Weekly and Daily overview Charts
CHX Weekly chart
CHX Daily chart
Setup Rating and Analysis

3

The technical rating of CHX is bad and it also does not present a quality setup 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

25.46

32.60

When analyzing the support we notice one important area.

  • A support zone ranging from 25.72 to 25.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 29.18 to 29.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 30.26 to 30.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @32.28 from a horizontal line in the daily time frame.
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
CRS19.55
Mansfield-2.53
10 Day High29.69
10 Day Low25.57
20 Day High31.75
20 Day Low25.57
52 Week High39.95
52 Week Low25.46
Performance
1 Week-9.48%
2 Weeks-10.7%
1 Month-17.55%
3 Month-15.55%
6 Month-19.43%
12 Month-14.32%
2 Year-11.04%
3 Year27.61%
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)-0.43
RSI(14)21.87
LBB25.5
UBB31.42
CHX Daily chart

CHAMPIONX CORP

NASDAQ:CHX (12/23/2024, 1:16:07 PM)

26.09

+0.3 (+1.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.16%
1 Week-9.48%
2 Weeks-10.7%
1 Month-17.55%
3 Month-15.55%
6 Month-19.43%
12 Month-14.32%
2 Year-11.04%
3 Year27.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%2.97%
ATR Inc11.44%
Range Today0.44
ADR(20)0.73
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.55
Mansfield-2.53
10 Day High29.69
10 Day Low25.57
20 Day High31.75
20 Day Low25.57
52 Week High39.95
52 Week Low25.46
CS1 End25.78
CR1 Start29.18
Volume & EV
DER(3)-0.72%
DER(5)-2.06%
Volume515.87K
Volume Incr75.63%
Vol(5)2.70M
Vol(50)1.77M