Chord Energy Corp Stock Technical Analysis
CHRD Stock | USD 130.44 3.99 2.97% |
As of the 26th of November, Chord Energy shows the Standard Deviation of 1.73, mean deviation of 1.31, and Risk Adjusted Performance of (0.05). Chord Energy Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Chord Energy Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Chord Energy Corp is priced correctly, providing market reflects its regular price of 130.44 per share. Given that Chord Energy has information ratio of (0.15), we suggest you to validate Chord Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Chord Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chord, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChordChord |
Chord Energy Analyst Consensus
Target Price | Advice | # of Analysts | |
183.55 | Strong Buy | 15 | Odds |
Most Chord analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chord stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chord Energy Corp, talking to its executives and customers, or listening to Chord conference calls.
Chord Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Chord Energy Corp Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Chord Energy Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Chord Energy Corp Trend Analysis
Use this graph to draw trend lines for Chord Energy Corp. You can use it to identify possible trend reversals for Chord Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Chord Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Chord Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Chord Energy Corp applied against its price change over selected period. The best fit line has a slop of 0.15 , which may suggest that Chord Energy Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 890.84, which is the sum of squared deviations for the predicted Chord Energy price change compared to its average price change.About Chord Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Chord Energy Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Chord Energy Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chord Energy Corp price pattern first instead of the macroeconomic environment surrounding Chord Energy Corp. By analyzing Chord Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Chord Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Chord Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.16 | 0.0725 | 0.0731 | Price To Sales Ratio | 1.14 | 1.77 | 1.68 |
Chord Energy November 26, 2024 Technical Indicators
Most technical analysis of Chord help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Chord from various momentum indicators to cycle indicators. When you analyze Chord charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.05) | |||
Market Risk Adjusted Performance | (0.14) | |||
Mean Deviation | 1.31 | |||
Coefficient Of Variation | (1,329) | |||
Standard Deviation | 1.73 | |||
Variance | 3.0 | |||
Information Ratio | (0.15) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (0.15) | |||
Maximum Drawdown | 7.36 | |||
Value At Risk | (3.34) | |||
Potential Upside | 2.4 | |||
Skewness | (0.47) | |||
Kurtosis | 0.616 |
Chord Energy November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Chord stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 159,573 | ||
Daily Balance Of Power | (0.83) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 131.70 | ||
Day Typical Price | 131.28 | ||
Price Action Indicator | (3.25) |
Complementary Tools for Chord Stock analysis
When running Chord Energy's price analysis, check to measure Chord Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chord Energy is operating at the current time. Most of Chord Energy's value examination focuses on studying past and present price action to predict the probability of Chord Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chord Energy's price. Additionally, you may evaluate how the addition of Chord Energy to your portfolios can decrease your overall portfolio volatility.
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