Technical Analysis for SHASF - Shamaran Petroleum

Grade Last Price % Change Price Change
grade F 0.0479 -7.88% -0.0041
SHASF closed down 7.88 percent on Tuesday, August 27, 2019, on 4 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical SHASF trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -7.88%

Older signals for SHASF ...

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Basic chart:
Profile
ShaMaran Petroleum Corp. is a Kurdistan focused oil development and exploration vehicle which holds an indirect interest in the Atrush oil discovery located in the region. This project is nearby and on trend to existing fields and recent discoveries.
Petroleum Shamaran Petroleum Oil Development
Is SHASF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 0.301
52 Week Low 0.0479
Average Volume 24,323
200-Day Moving Average 0.0682
50-Day Moving Average 0.0609
20-Day Moving Average 0.0572
10-Day Moving Average 0.057
Average True Range 0.0057
ADX 8.63
+DI 39.9743
-DI 48.329
Chandelier Exit (Long, 3 ATRs ) 0.05430000000000001
Chandelier Exit (Short, 3 ATRs ) 0.065
Upper Bollinger Band 0.0677
Lower Bollinger Band 0.0467
Percent B (%b) 0.06
BandWidth 36.713287
MACD Line -0.0019
MACD Signal Line -0.0012
MACD Histogram -0.0007
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0479
Resistance 3 (R3) 0.0479 0.0479 0.0479
Resistance 2 (R2) 0.0479 0.0479 0.0479 0.0479
Resistance 1 (R1) 0.0479 0.0479 0.0479 0.0479 0.0479
Pivot Point 0.0479 0.0479 0.0479 0.0479 0.0479
Support 1 (S1) 0.0479 0.0479 0.0479 0.0479 0.0479
Support 2 (S2) 0.0479 0.0479 0.0479 0.0479
Support 3 (S3) 0.0479 0.0479 0.0479
Support 4 (S4) 0.0479