CHX Technical Signal Analysis
CHX have 0 buy signal and 4 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -3.26%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of CHX over last 5 trading day is $86,929,837.57
0 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.17
Bearish
Momentum (10 days)
MOM_10 < 0
-0.79
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.14
Bearish
Moving Average
Price crosses below 60-day SMA
--
Bearish
0 Bullish Signal
Name
Signal
Value
Meaning
CHX Support and Resistance Level
The support levels for CHX are at 27.64, 26.95, and 25.84, while the resistance levels are at 29.86, 30.55, and 31.66. With the current stock price at 29.38, it is leaning more toward the resistance levels.
CHX Technical Analysis
Technical Analysis of CHX Stock
Price Action and Volume:
- Current Price: 29.5 (as of 2025-03-07)
- Recent Performance: CHX closed at 29.66 on 2025-03-07, with a high of 30.02 and a low of 28.47. The stock showed a bullish trend with a 4.00% increase during regular market hours.
Technical Indicators:
- RSI (14): 54.17 (Neutral)
- MACD: -0.08 (Slightly bearish signal, but close to zero)
- Stochastic Oscillator: 32.19 (Lower half, but not oversold)
- Fibonacci Levels:
- Pivot Point: 28.8
- Resistance Levels: 29.91, 30.59
- Support Levels: 27.69, 27.01
Trend and Moving Averages:
- The stock is trading above the 20-day and 50-day moving averages, indicating a bullish trend.
- Price action shows higher highs and higher lows, confirming bullish momentum.
Volume Analysis:
- Volume on up days has been increasing, indicating strong buying interest.
Conclusion:
Based on the analysis, CHX stock is in a bullish trend. The price is expected to reach the next resistance level of 30.59.
Recommendation: Buy CHX at 29.5 with a target price of 30.59.
CHX FAQs
Which bearish technical signals does CHX have?
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How can I use moving averages to set entry and exit points for CHX stock?
Is CHX a buy based on overall technical signals summary?
CHX Buy or Sell
CHX has 0 buy signals and 4 sell signals now. Overall the technical rating for CHX is Strong sell.
Strong sell
Sell
4
Buy
0
CHX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 29.38 above the SMA_5. In the short term, the stock shows a negative trend with the 28.95 below the SMA_20. In the mid term, the stock shows a positive trend with the 29.2 above the SMA_60. In the long term, the stock shows a negative trend with the 28.61 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about CHX's current trend?What are CHX's key support and resistance levels?