Technical Analysis for CHX - ChampionX Corporation

Grade Last Price % Change Price Change
B 34.86 -0.43% -0.15
CHX closed down 0.43 percent on Friday, April 26, 2024, on 75 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Strong but Oversold Other 0.00%
Strong, Oversold and Reversal Signs Reversal 0.00%
Oversold Stochastic Weakness 0.00%
Hammer Candlestick Bullish -0.43%
Lizard Bullish Bullish Day Trade Setup -0.43%
Doji - Bullish? Reversal -0.43%
Strong but Oversold Other -0.43%
Strong, Oversold and Reversal Signs Reversal -0.43%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 16 hours ago
60 Minute Opening Range Breakout about 17 hours ago
Lizard Bullish Entry about 20 hours ago
Hammer Candlestick Entry about 20 hours ago
Rose Above Previous Day's High about 20 hours ago

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Profile

ChampionX Corporation Description

ChampionX (formerly known as Apergy Corporation) is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. ChampionX’s products provide efficient functioning throughout the lifecycle of a well - from drilling to completion to production. ChampionX’s Chemical Technologies offering consist of chemistry solutions to maximize production from flowing oil and gas wells as well as chemistry solutions used in drilling and completion activities. ChampionX’s Production & Automation Technologies offerings consist of artificial lift equipment and solutions, including rod pumping systems, electric submersible pump systems, progressive cavity pumps and drive systems and plunger lifts, as well as a full automation and digital offering consisting of equipment and software for Industrial Internet of Things (“IIoT”) solutions for downhole monitoring, wellsite productivity enhancement, and asset integrity management. ChampionX’s Drilling Technologies offering provides market leading polycrystalline diamond cutters and bearings that result in cost effective and efficient drilling.


Classification

Sector: Energy
Industry: Oil & Gas Equipment & Services
Keywords: Oil And Gas Internet Of Things Petroleum Production Oil Wells Gas Wells Diamond Pump Precision Drilling Bearings Oil And Gas Wells Well Drilling Progressive Drive Systems Industrial Internet Pump Systems Drilling Industrial Internet Of Things Submersible Pump Artificial Lift Equipment Asset Integrity Management Automation Technologies Chemistry Solutions Engineered Equipment

Is CHX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 39.95
52 Week Low 24.7157
Average Volume 2,293,367
200-Day Moving Average 32.46
50-Day Moving Average 34.09
20-Day Moving Average 36.95
10-Day Moving Average 35.63
Average True Range 0.91
RSI (14) 44.13
ADX 38.68
+DI 17.84
-DI 21.98
Chandelier Exit (Long, 3 ATRs) 37.23
Chandelier Exit (Short, 3 ATRs) 37.01
Upper Bollinger Bands 40.21
Lower Bollinger Band 33.69
Percent B (%b) 0.18
BandWidth 17.65
MACD Line 0.15
MACD Signal Line 0.68
MACD Histogram -0.5306
Fundamentals Value
Market Cap 6.66 Billion
Num Shares 191 Million
EPS 1.57
Price-to-Earnings (P/E) Ratio 22.20
Price-to-Sales 1.48
Price-to-Book 3.31
PEG Ratio 1.19
Dividend 0.34
Dividend Yield 0.98%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.49
Resistance 3 (R3) 35.53 35.37 35.39
Resistance 2 (R2) 35.37 35.21 35.35 35.35
Resistance 1 (R1) 35.11 35.11 35.03 35.07 35.31
Pivot Point 34.95 34.95 34.91 34.93 34.95
Support 1 (S1) 34.69 34.79 34.61 34.65 34.41
Support 2 (S2) 34.53 34.69 34.51 34.37
Support 3 (S3) 34.27 34.53 34.34
Support 4 (S4) 34.23