Technical analysis from Karoon Gas Australia (KAR.AX, ASX:KAR.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Karoon Gas Australia
+ Share

Karoon Gas Australia: Volume rate of Change (14)
Volume Rate of Change /
Karoon Gas Australia: Volume rate of Change (14)

[BEARISH]: Karoon Gas Australia currently has negative rate of change of -6%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.3%.

Karoon Gas Australia: Range Performance (19.0)
Range Tod Vs Range Yest /
Karoon Gas Australia: Range Performance (19.0)

[BEARISH]: Karoon Gas Australia sellers are increasingly eager. There has been 2 consecutive days of range increase for KAR adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.1800 & the greatest daily price range this year has been $0.3700. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.5x.

Williams %R /
Initiation of oversold signal for Karoon Gas Australia [Bullish Crossover]

[BEARISH]: Karoon Gas Australia is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Detrended Price Oscillator /
The simple moving average and past price for KAR has confirmed bearish trading conditions

[BEARISH]: Karoon Gas Australia currently has a confirmed downtrend. Price is currently below the displaced moving average for KAR. Currently, the return on DPO20 is -1.3%.

Daily Volume Index /
Market conditions are indicating DVI distribution is current for KAR

[BEARISH]: Karoon Gas Australia current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -2677.

MACD Volume /
The Volume MACD for KAR is losing momentum through a fall on the short term EMA

[BEARISH]: Karoon Gas Australia currently has negative Volume MACD of -38286. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Top companies for
Australian Stock Exchange
Advertisment
Stochastic Oscillator /
Stochastic oversold signal continues for Karoon Gas Australia indicating upward price movement is likely

[BULLISH]: Karoon Gas Australia is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Karoon Gas Australia: Average True Range (0.041) has confirmed an uptrend is present
Average True Range /
Karoon Gas Australia: Average True Range (0.041) has confirmed an uptrend is present

[Bullish]: Average True Range has confirmed an uptrend is present. Karoon Gas Australia has a TR of 0.05, and an ATR(14) of 0.041.

Triangular Moving Average(5) signal continues for Karoon Gas Australia indicating upward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal continues for Karoon Gas Australia indicating upward price movement is likely

[BULLISH]: Karoon Gas Australia currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.3%.

Close Tod Vs Close Yest /
Closing price for KAR ($1.16) signals sellers are now keener than buyers

[BEARISH]: Karoon Gas Australiasellers are keener than buyers and are driving the price down. This is the first day of price decline for KAR adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -4.9 & the greatest daily negative change this year has been -4.9. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -11.4%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -9.3%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.7x. Over the last month the average daily downward movement has been -2.000000%

Average Directional Movement /
KAR: Average Directional Index has confirmed a weak trend @21.91

[Weak Trend]: ADX for KAR has confirmed a weak trend is present. Karoon Gas Australia has an ATR(14) of 0.041, a DX of 2.87 & an ADX(14) of 21.91

Percentage Price /
Karoon Gas Australia: Price Percentage Oscillator

[BEARISH]: Karoon Gas Australia currently has negative PPO -0.938%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Karoon Gas Australia has moved below the 161.8% extension level ($14.39) [Bullish]
Fibonacci Extensions /
Karoon Gas Australia has moved below the 161.8% extension level ($14.39) [Bullish]

Karoon Gas Australia has moved below the 161.8% level ($14.39) [Bullish]. Look for a long limit order entry near this point. Exit price for KAR should be set @$12.54 & Stoploss for Karoon Gas Australia should be set at $16.23

Karoon Gas Australia: Daily opening price is $1.17
Opening Price /
Karoon Gas Australia: Daily opening price is $1.17

[BEARISH]: Karoon Gas Australia opening price has gapped down. Currently, the OPEN is $1.17 (1.7 %).

Ulcer Index /
Ulcer index has increased in stress level for KAR & high drawdown is expected

[BULLISH]: Karoon Gas Australia UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.268.

Bear Harami /
Karoon Gas Australia: Bear Harami

[BEARISH]: Karoon Gas Australia has formed a new Bear Harami reversal pattern.

Closing Price /
Karoon Gas Australia: Daily closing price is $1.16 [Bearish]

[BEARISH]: Karoon Gas Australia current downtrend in the first timeframe. Currently, the Close is $1.16.

Momentum(5) is increasing for Karoon Gas Australia
Momentum /
Momentum(5) is increasing for Karoon Gas Australia

KAR: MOM Current Signal -> (1) 24 May: BULLISH (2) 23 May: BULLISH (3) 22 May: BULLISH

Market conditions are indicating OBV distribution is current for KAR
On Balance Volume /
Market conditions are indicating OBV distribution is current for KAR

[BEARISH]: Karoon Gas Australia current price has highlighted recent distribution. Currently, the OBV is -3.42502e+006.

Recent trading for KAR has failed to beaten the previous low by -0.9 % [Downtrend]
Low Price /
Recent trading for KAR has failed to beaten the previous low by -0.9 % [Downtrend]

KAR: LOW Current Signal -> (1) 24 May: BEARISH (2) 23 May: BULLISH (3) 22 May: BEARISH

Chaikin Money Flow /
Selling pressure for Karoon Gas Australia continues - bearish signal

[BEARISH]: Karoon Gas Australia current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.26. KAR received a confirmed CMF crossover days on the May 7 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.34 occurring on the May 7 2018.

Accumulation / Distribution /
Confirmation of Karoon Gas Australia is currently being distributed

KAR: ADLINE Recent Trading -> (1) 24 May: -2.82413e+006 (2) 23 May: -2.7347e+006 (3) 22 May: -2.79495e+006

Medium Trend /
Karoon Gas Australia: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Karoon Gas Australia is in an uptrend in the medium term timeframe. The current rally number is 27 & the highest rally count for the LTM is 66. The highest rally for the month is 18

Elders Force Index /
[Bearish]: Elders Force Index (-5490) confirms selling pressure remains

KAR: Elders Force Index Recent Trading -> (1) 24 May: -5490 (2) 23 May: -5191 (3) 22 May: -5002

[Long]: Limit orders for Karoon Gas Australia should be set at $1.1575
Demarks Pivot Points /
[Long]: Limit orders for Karoon Gas Australia should be set at $1.1575

Karoon Gas Australia has broken the first DeMark resistance point ($1.1575) [Bullish]. Look for a long limit order entry near this point. Exit price for KAR should be set @$1.175 & Stoploss for Karoon Gas Australia should be set at $1.125

Strong volume performance from KAR has seen a higher volume of 41.4 [Uptrend]
Volume /
Strong volume performance from KAR has seen a higher volume of 41.4 [Uptrend]

[BULLISH]: Karoon Gas Australia current volume uptrend in the first timeframe. Volume for KAR is 447126 (41.4).

Short Trend /
The daily range for Karoon Gas Australia has achieved a lower low [Downtrend]

[BEARISH]: Karoon Gas Australia is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 6

See More   See more results
Advertisment
Advertisment
back to top