Chargepoint Holdings is up a bit on the day, funds flowing in kept the price up 1.34% since yesterday.
Currently CHPT isn't at a clear support/resistance line that seems tradable. Chargepoint Holdings hasn't shown a lot of strength recently, shareholders don't seem that energized about the asset's future prospects. CHPT may hit some resistance around the 0.6825 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.
The analysts are pretty neutral on ChargePoint Holdings right now, so not much useful information here. The current Analysts Sentiment Score is -2.00. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2023-12-08 Citigroup lowered their price target by -70.91% to $2.40. Needham & Company LLC announced that they are reiterating a rating of Buy on 2023-12-07 and they set their price target at $4.00. On 2023-12-07 B. Riley downgraded ChargePoint Holdings from Buy to Neutral and decided to decrease their price target by -50% down to $2.50. HSBC announced that they are initiating coverage with a rating of Hold on 2023-12-04 and added a price target of $2.00. UBS Group downgraded from Buy to Neutral on 2023-11-28 and they lowered their price target by -75% to $2.25 from a previous target of $9.00. Bank of America released a downgrade on 2023-11-20 from Buy to Neutral. Stifel Nicolaus downgraded from Buy to Hold on 2023-11-20. On 2023-11-17 Janney Montgomery Scott downgraded ChargePoint Holdings from Buy to Neutral. Roth Mkm downgraded from Buy to Neutral on 2023-11-17 and dropped their 1 year price target to $2.00 which is down from $11.00. Oppenheimer downgraded from Outperform to Market Perform on 2023-11-17.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| CHPT | -2.00 | 0.45 | -2.25 | 0.45 | -2.63 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| CHPT | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| CHPT | 0 | %0 | 0 | 0 | 0 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| CHPT |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
