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CHK Stock Forecast & Chesapeake Energy Corporation Chart Analysis

This article provides a detailed analysis of CHK-Chesapeake Energy Corporation stock including a forecast for CHK shares. It features Chesapeake Energy Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

CHK Historical Data Review

CHK Current Price Performance Analysis

The Chesapeake Energy Corporation - CHK stock traded on the American stock market, on 06-05-2024, closed at 88.8$ with a %0.27 increased compared to the previous day.

In the last month, the price of CHK changed by %-0.31 decreased in value, from 89.08 dollars on 05-06-2024 to 88.8 dollars, decreased.

Last year, the price of CHK was 79.12 dollars on 06-06-2023, and changed by %12.23 increased in value, to 88.8 dollars increased within a year.

The price of Chesapeake Energy Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

CHK with AI Stock Forecast & Price Target

CHK stock forecast Chesapeake Energy Corporation price target

On the CHK chart Chesapeake Energy Corporation price was recorded as 88.8 Dollars on 06/05/2024.

The artificial intelligence's forecast on CHK stock is as follows.

The artificial intelligence's prediction error margin for CHK stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Chesapeake Energy Corporation stock over the next 4 months is: 88.7 Dollars.

The commentary on CHK stock Target Price: Highest: 97.674 Dollars is predicted.

The commentary on CHK stock Target Price: Lowest: 81.514 Dollars is predicted.

Resistance Price where Chesapeake Energy Corporation stock will Rise and Fall:

Date Price Prediction
07-25-2024 84.052
10-03-2024 87.297
12-02-2024 89.052
02-20-2025 97.674
04-11-2025 95.789

Support Price where Chesapeake Energy Corporation stock will Fall and Rise:

Date Price Prediction
07-15-2024 83.884
08-29-2024 81.514
10-28-2024 82.880
12-17-2024 88.456
03-17-2025 94.881

The commentary on CHK stock: Fluctuations in the target price can be expected in the coming days.

The target price for Chesapeake Energy Corporation stock by the end of 2024 is predicted to be 88.497 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CHK stock, and the 2024 target price predictions for Chesapeake Energy Corporation are detailed above.

The technical analysis and charts for the commentary on CHK stock are below.

CHK Support & Resistance and Trend Analysis

CHK review Chesapeake Energy Corporation technical analysis trend chart CHK priceCHK stock support and resistance price chart

CHK stock you have reviewed the technical analysis support resistance charts regarding.

CHK : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CHK review, the Chesapeake Energy Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Chesapeake Energy Corporation Support and Resistance Prices:

CHK Support Level Price CHK Resistance Level Price
72.84 79.30
74.18 83.00
74.70 83.71
75.72 84.33
78.27 85.46
80.92 91.03
81.23 92.07
85.08 92.98
85.44 93.58
87.84

CHK Technical Analysis: SMA, RSI, MACD

CHK review Chesapeake Energy Corporation SMA chart analysis CHK priceCHK buy or sell review Chesapeake Energy Corporation MACD chart analysis CHK price

Upon reviewing the CHK chart, buy and sell signals have been generated in the Chesapeake Energy Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for CHK stock are as follows:
  1. The technical analysis for Chesapeake Energy Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Chesapeake Energy Corporation stock: Click here to read more predictions on Anglo American Platinum stock.

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