The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Chord Energy Corp shares valued at $286 were sold by Brooks Douglas E on Sep 10 ’24. At $143.18 per share, Brooks Douglas E sold 2 shares. The insider’s holdings dropped to 25,268 shares worth approximately $3.3 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Holroyd Samantha purchased 500 shares, netting a total of over 74,755 in proceeds. Following the buying of shares at $149.51 each, the insider now holds 14,417 shares.
Before that, Lou Michael H had sold 3,000 shares from its account. In a trade valued at $495,000, the EVP and CFO traded Chord Energy Corp shares for $165.00 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $16.74 million.
As published in their initiating research note from UBS on October 16, 2024, Chord Energy Corp [CHRD] has been a Buy and the price target has been revised to $168. Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in early September. As of July 18, 2024, Wolfe Research has initiated its “Peer perform” rating for CHRD.
Analyzing CHRD Stock Performance
During the last five days, there has been a drop of approximately -2.66%. Over the course of the year, Chord Energy Corp shares have dropped approximately -19.05%. Shares of the company reached a 52-week high of $190.23 on 04/12/24 and a 52-week low of $126.38 on 10/15/24. A 50-day SMA is recorded $139.49, while a 200-day SMA reached $161.81. Nevertheless, trading volume fell to 0.74 million shares from 0.74 million shares the previous day.
Support And Resistance Levels for Chord Energy Corp (CHRD)
According to the 24-hour chart, there is a support level at 128.58, which, if violated, would cause prices to drop to 126.58. In the upper region, resistance lies at 131.85. The next price resistance is at 133.12. RSI (Relative Strength Index) is 42.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.87, which suggests the price will decrease in the coming days. Percent R is at 67.39%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
