Technical Analysis for KRNGF - Karoon Gas Australia

Grade Last Price % Change Price Change
grade F 0.28 3.70% 0.0100
KRNGF closed up 3.7 percent on Monday, March 30, 2020, on 1.37 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical KRNGF trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish 3.70%
Narrow Range Bar Range Contraction 3.70%
Wide Bands Range Expansion 3.70%
Older signals for KRNGF ...

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Profile

Karoon Energy Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. The company has a working interest in two off-shore permits in the Browse and Carnavon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers; and Ceduna basin covering an area of 17,793 square kilometers in the Great Australian Bight. It also has a working interest in 6 offshore blocks in the Santos basin situated in the State of Santa Catarina covering a combined area of approximately 720 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes basin covering an area of 4,750 square kilometers located to the north-west coast of Peru. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018. Karoon Energy Ltd was incorporated in 2003 and is headquartered in Melbourne, Australia.
Oil And Gas Exploration States And Territories Of Australia Economy Of Australia Oceans Santos Limited

Is KRNGF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.96
52 Week Low 0.2
Average Volume 6,187
200-Day Moving Average 1.0321
50-Day Moving Average 0.7104
20-Day Moving Average 0.6134
10-Day Moving Average 0.3726
Average True Range 0.0645
ADX 26.14
+DI 31.1561
-DI 67.1640
Chandelier Exit (Long, 3 ATRs ) 0.8065
Chandelier Exit (Short, 3 ATRs ) 0.3935
Upper Bollinger Band 1.1756
Lower Bollinger Band 0.0512
Percent B (%b) 0.2
BandWidth 183.3062
MACD Line -0.1576
MACD Signal Line -0.1093
MACD Histogram -0.0483
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.2800
Resistance 3 (R3) 0.2800 0.2800 0.2800
Resistance 2 (R2) 0.2800 0.2800 0.2800 0.2800
Resistance 1 (R1) 0.2800 0.2800 0.2800 0.2800 0.2800
Pivot Point 0.2800 0.2800 0.2800 0.2800 0.2800
Support 1 (S1) 0.2800 0.2800 0.2800 0.2800 0.2800
Support 2 (S2) 0.2800 0.2800 0.2800 0.2800
Support 3 (S3) 0.2800 0.2800 0.2800
Support 4 (S4) 0.2800