In a filing, Chord Energy Corp revealed its EVP, CAO, GC & Corp Secretary Kinney Shannon Browning unloaded Company’s shares for reported $0.12 million on Dec 16 ’24. In the deal valued at $116.35 per share,1,000 shares were sold. As a result of this transaction, Kinney Shannon Browning now holds 19,488 shares worth roughly $1.82 million.
Then, Kinney Shannon Browning bought 1,000 shares, generating $116,350 in total proceeds.
Before that, Kinney Shannon Browning sold 1,000 shares. Chord Energy Corp shares valued at $121,270 were divested by the EVP, CAO, GC & Corp Secretary at a price of $121.27 per share. As a result of the transaction, Kinney Shannon Browning now holds 20,488 shares, worth roughly $1.92 million.
BofA Securities upgraded its Chord Energy Corp [CHRD] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Morgan Stanley began covering CHRD with “an Equal-weight” recommendation on January 10, 2025. Wolfe Research revised its rating on January 03, 2025. It rated CHRD as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of CHRD
On Tuesday, Chord Energy Corp [NASDAQ:CHRD] saw its stock fall -1.48% to $93.51. Over the last five days, the stock has lost -0.83%. Chord Energy Corp shares have fallen nearly -20.02% since the year began. Nevertheless, the stocks have fallen -48.35% over the past one year. While a 52-week high of $186.15 was reached on 01/15/25, a 52-week low of $79.83 was recorded on 04/09/25. SMA at 50 days reached $103.01, while 200 days put it at $125.94.
Levels Of Support And Resistance For CHRD Stock
The 24-hour chart illustrates a support level at 92.71, which if violated will result in even more drops to 91.91. On the upside, there is a resistance level at 94.41. A further resistance level may holdings at 95.31. The Relative Strength Index (RSI) on the 14-day chart is 44.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.14%. Stochastics %K at 82.62% indicates the stock is a selling.
How much short interest is there in Chord Energy Corp?
A steep rise in short interest was recorded in Chord Energy Corp stocks on 2025-04-15, dropping by -0.22 million shares to a total of 2.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 2.43 million shares. There was a decline of -9.96%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 16, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $168 price target.
