CHX Stock Price Prediction

ChampionX Corp

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24.480

-0.020(-0.080%)

Overview
Forecast
Valuation
Earnings

Should I Buy ChampionX Corp Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CHX has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

CHX stock price ended at $24.48 on Friday, after losing -0.08%

The ChampionX Corp stock price decreased by -0.08% on the last trading day (23 May 2025), dropping from 24 to 24.48. Throughout the last trading session, the stock experienced a fluctuation of 2.29% , ranging from a day low of $24 to a day high of 24.55. The price has declined in 8 of the last 10 days, resulting in a total change of -2.47% during this period. On the last day, trading volume increase by 317.51K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 3.56M shares were traded, amounting to approximately 86.72M.

CHX Technical Signals

CHX(ChampionX Corp Corp) has 4 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-05-12. The total price change during this trend is -6.06%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of CHX over the last 5 trading days is 82.65M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

CHX Moving Average Analysis

ChampionX Corp's overall moving average trend leans more bearish as of Saturday, May 24, 2025, with 4 negative signals and 0 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $27.16491333333333, and $28.23833333333333. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $23.69175333333333, and $22.618333333333332. A break-down below any of these levels will issue sell signals.

CHX Short Selling Analysis

The short sale ratio of ChampionX Corp(CHX) as of 16 May 2025 is 12.78%, dropping from last trading day. With decreasing price from 26.00 to 25.98. The short sell activity indicate that short sellers may be anticipating price hit a bottom.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

4 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 < 20

17.336

Bullish

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.0756

Bullish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 < 20

2.14

Bullish

Williams %R (14 days)

WILLR_14 < -80

-82.918

Bullish

3 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 < 0

-0.62

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.249

Bearish

Moving Average

5-day SMA crosses below 20-day SMA

Bearish

CHX Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to ChampionX Corp(CHX), our algorithm predicts CHX's 1-month price at $24.45, with an -5.9%downwardshift. Using a similarity score up to 95.27%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for ChampionX Corp (CHX.O) stock, as of Sunday, May 18, 2025 , forecasts a -5.9% change over the next month, based on its high correlation with SLB.N stock patterns. The similarity between their price movements over the analyzed periods is 95.27%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

CHX

Future prediction

Up: -5.9%

SLB

Down: -5.9%Similarity: 95.27%

Name

Similarity

Up/Down

SLB.N

95.27%

-5.90%

CHRD.O

94.72%

-7.26%

NOV.N

94.21%

-5.45%

VET.N

93.42%

-4.48%

APLE.N

92.97%

-5.98%

FUL.N

91.90%

-4.88%

MTDR.N

91.86%

-2.56%

FANG.O

91.62%

-3.73%

TRNO.N

90.16%

-5.92%

CHX Seasonality Analysis

Based on CHX's historical stock price data across all years, the probability of a positive return in May is42.86%, suggesting it maynotbe an ideal month to invest in CHX. In contrast,Augustoffers the highest probability of positive returns at71.43%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying ChampionX Corp (CHX.O) stock in August has the highest probability of a positive return (71.43%), while April has the lowest probability (14.29%).

Performance Seasonality

The chart shows ChampionX Corp. (CHX)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.