Is Chesapeake Energy Ord Shs (CHK) a Stock to Watch After Gaining 5.09% This Week?

Chesapeake Energy Ord Shs (CHK) stock is up 5.09% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Chesapeake Energy Ord Shs has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CHK!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CHK Stock Today?

Chesapeake Energy Ord Shs (CHK) stock has fallen -0.65% while the S&P 500 is higher by 1.02% as of 12:31 PM on Friday, Aug 12. CHK has fallen -$0.63 from the previous closing price of $97.31 on volume of 638,270 shares. Over the past year the S&P 500 has fallen -4.44% while CHK is higher by 69.79%. CHK lost -$891.14 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Chesapeake Energy Ord Shs click here.

More About Chesapeake Energy Ord Shs

Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas. Click Here to get the full Stock Report for Chesapeake Energy Ord Shs stock.