CHESAPEAKE ENERGY - Daily - Technical analysis published on 06/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 2.39 USD
My targets
1.73 USD (-5.46%)
My analysis
The bearish trend is currently very strong for CHESAPEAKE ENERGY. As long as the price remains below the resistance at 2.39 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.73 USD. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHESAPEAKE ENERGY rating is 1.83 USD. The price registered a decrease of -4.19% on the session with the lowest point at 1.80 USD and the highest point at 1.91 USD. The deviation from the price is +1.67% for the low point and -4.19% for the high point.1.80
1.91
1.83
The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CHESAPEAKE ENERGY chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.73 | 1.83 | 2.39 | 3.45 | 4.37 |
| Change (%) | -5.46% | - | +30.60% | +88.52% | +138.80% |
| Change | -0.10 | - | +0.56 | +1.62 | +2.54 |
| Level | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.74 | 1.80 | 1.86 | 1.92 | 1.98 | 2.04 | 2.10 |
| Camarilla | 1.88 | 1.89 | 1.90 | 1.91 | 1.92 | 1.93 | 1.94 |
| Woodie | 1.73 | 1.80 | 1.85 | 1.92 | 1.97 | 2.04 | 2.09 |
| Fibonacci | 1.80 | 1.85 | 1.88 | 1.92 | 1.97 | 2.00 | 2.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.48 | 1.60 | 1.78 | 1.90 | 2.08 | 2.20 | 2.38 |
| Camarilla | 1.87 | 1.89 | 1.92 | 1.95 | 1.98 | 2.01 | 2.03 |
| Woodie | 1.50 | 1.62 | 1.80 | 1.91 | 2.10 | 2.21 | 2.40 |
| Fibonacci | 1.60 | 1.72 | 1.79 | 1.90 | 2.02 | 2.09 | 2.20 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.35 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | -6.50 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 1.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.78 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 2.17 | |
| Zig ZAG (10): | 1.83 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 52.06 | |
| TEMA (21): | 1.81 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | -6.6600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.1500 | |
| Courbe Coppock: | 7.38 |
| MA7: | 1.89 | |
| MA20: | 1.91 | |
| MA50: | 2.38 | |
| MA100: | 2.66 | |
| MAexp7: | 1.88 | |
| MAexp20: | 1.97 | |
| MAexp50: | 2.27 | |
| MAexp100: | 2.57 | |
| Price / MA7: | -3.17% | |
| Price / MA20: | -4.19% | |
| Price / MA50: | -23.11% | |
| Price / MA100: | -31.20% | |
| Price / MAexp7: | -2.66% | |
| Price / MAexp20: | -7.11% | |
| Price / MAexp50: | -19.38% | |
| Price / MAexp100: | -28.79% |
News
Don"t forget to follow the news on CHESAPEAKE ENERGY. At the time of publication of this analysis, the latest news was as follows:
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Chesapeake Energy Corporation - CHK Stock Chart Technical Analysis for 05-24-2019
This member declared not having a position on this financial instrument or a related financial instrument.
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