Country Icon

Chesapeake Energy Corporation (CHK) - Buy, Sell or Hold?

Sector: Energy   Sub-Sector: Oil & Gas Production
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 20 Oct 2017NoneBullish EngulfingThu, 19 Oct 2017-1.04%
***Stock database and scans are updated around midnight (New York time) every trading day.
3.61 0.00 (0%) Oct 23 4:00pm EDT
Open: 3.80 Range: 3.60 - 3.83 Vol: 21.12M Avg Vol: 30.4M
EPS: -33.88 P/E ratio: 0.00 EBITDA: 1.50B Mkt Cap: 3.39B
Analyze "CHK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 3.80
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 4.10
Last Trade is below the 50 day moving average at 3.97
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 5.12
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of CHK

Stock Trend Analysis - Buy, Sell or Hold "Chesapeake Energy Corporation" (CHK)?

CHK is in a long term downtrend and it has traded about 62% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 30.4M shares changing hands. The medium term trend for CHK is extremely bearish and weak, having traded almost 85% of the time below the 50 day moving average. The 20 day moving average is also showing some signs of weakness as CHK has been trading below its 20 SMA for 52.5% of the time in the last 8 weeks. As CHK is in a downtrend characterized by the 200 SMA, currently at 5.12, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "CHK".

The analyst consensus estimates for the 1 year price target for this stock is $4.68* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 20 Oct 2017
Energy Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
UPLUltra Petroleum Corp.Buy, Sell or HoldTrading Levels & Pivots
ZNZion Oil & Gas IncBuy, Sell or HoldTrading Levels & Pivots
DOMDominion Resources Black Warrior TrustBuy, Sell or HoldTrading Levels & Pivots
CEOCNOOC LimitedBuy, Sell or HoldTrading Levels & Pivots
SBRSabine Royalty TrustBuy, Sell or HoldTrading Levels & Pivots
ECTECA Marcellus Trust IBuy, Sell or HoldTrading Levels & Pivots
CNQCanadian Natural Resources LimitedBuy, Sell or HoldTrading Levels & Pivots
MGEEMGE Energy Inc.Buy, Sell or HoldTrading Levels & Pivots
THRThermon Group Holdings, Inc.Buy, Sell or HoldTrading Levels & Pivots
ARSDArabian American Development CompanyBuy, Sell or HoldTrading Levels & Pivots