Karoon Gas Australia (KAR)

Download button icon Download

Karoon Gas Australia (KAR): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Karoon Gas Australia (KAR.AX)


Indicator:

EASE OF MOVEMENT


Last Signal:

BULLISH


Trading: BUY @ $1.105
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Karoon Gas Australia (ASX:KAR) current price have moved upwards on low volume. Currently, the EOM is 0.053.



The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


PROFILE: Karoon Gas Australia (KAR.AX)


Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | ASX:KAR |

About Karoon Gas Australia (ASX:KAR):

Karoon Gas Australia Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. It has a working interest in two off-shore permits in the Browse and Carnarvon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers. The company also holds working interest in five offshore blocks in the Santos Basin located in the State of Santa Catarina covering an area of 549 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes Basin located approximately to the north-west coast of Peru covering an area of 4,750 square kilometers. The company was incorporated in 2003 and is headquartered in Mount Martha, Australia.

Top 10:

Ease of Movement

Download button icon Download
Company Close Change (%) Volume Value Signal
EMH European Metals Holdings 0.38 18.8 120,674 -0.11 BEARISH
SMX Sms Management & Technology 0.26 8.3 240,688 -1.63 BEARISH
SDF Steadfast 2.95 7.7 5,080,445 -0.01 BEARISH
SMN Structural Monitoring Systems 1.1 5.8 33,656 -4.48 BEARISH
VOC Vocus Communications 3.4 5.6 6,543,793 -0.17 BEARISH
MLX Metals X 0.49 5.4 1,505,780 -0.05 BEARISH
GNG GR Engineering Services 1.31 4.8 25,920 -0.51 BEARISH
HFR Highfield Resources 0.57 4.6 39,786 -6.44 BEARISH
FMG Fortescue Metals 3.97 4.5 17,327,462 -0.07 BEARISH
TZN Terramin Australia 0.12 4.3 139,651 -0.04 BEARISH
back to top