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Chord Energy's 15min chart shows MACD Death Cross and KDJ Death Cross signals.
ByAinvest
Monday, Apr 28, 2025 11:25 am ET1min read
Based on the technical indicators observed on Chord Energy's 15-minute chart, a MACD Death Cross and KDJ Death Cross were triggered on April 28, 2025, at 11:15. This suggests that the stock price has the potential to continue its downward trend, with momentum shifting towards the downside and potentially decreasing further.
On April 28, 2025, at 11:15, Chord Energy Corporation (CHRD) triggered a MACD Death Cross and KDJ Death Cross on its 15-minute chart. This technical indicator pattern suggests that the stock price is likely to continue its downward trend, with momentum shifting towards the downside and potentially decreasing further.The MACD (Moving Average Convergence Divergence) and KDJ (Keltner J Stochastic) indicators are widely used in technical analysis to identify trends and potential reversals in the market. A MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a potential bearish trend. Similarly, a KDJ Death Cross happens when the KDJ line crosses below the signal line, suggesting a potential downward trend.
Chord Energy Corporation is an independent exploration and production company focused on the North Dakota and Montana areas of the Williston Basin. The company's operations involve the acquisition, exploration, development, and production of crude oil, natural gas liquids (NGL), and natural gas. The company has an average daily production of approximately 287,000 net barrels of oil equivalent per day (Boepd) and sells its production to refiners, marketers, and other purchasers with access to nearby pipeline and rail facilities.
Investors and financial professionals should closely monitor Chord Energy Corporation's stock price and consider the implications of these technical indicators. While these signals do not guarantee a specific outcome, they can provide valuable insights into potential market movements. It is essential to conduct thorough research and consider multiple factors when making investment decisions.
References:
[1] https://www.marketscreener.com/quote/stock/CHORD-ENERGY-CORPORATION-115533583/
[2] https://www.investing.com/equities/oasis-petroleum
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