Chord Energy Corp (CHRD)

Chord Energy Corp is trading at $146.03, down 0.10% on the session. The 50 day average sits at $142.19 and the 200 day at $127.30, which puts the stock in a uptrend. RSI is at 58.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $144.60 with resistance near $151.77, so that band frames the current range. Average daily movement is roughly $4.19, or about 2.9% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 81, momentum of 74 and a risk score of 64.

Chord Energy Corporation operates as an independent exploration and production company in the United States. The company engages in the acquisition, exploration, development and production of crude oil, natural gas, and natural gas liquids in the Williston Basin. It sells its products to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.