Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(KARMAENG_BE) Karma Energy complete technical analysis [charts+indicators] | Buy/Sell Karma Energy | (KARMAENG_BE) share price targets

Complete technical analysis of Karma Energy (KARMAENG_BE) by charts plus indicators, forecast predictions and share price targets for Karma Energy (KARMAENG_BE)

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Karma Energy is 4199

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	72.10	72.05	72.10	72.00	0.648 times
15 Wed May 2024	72.05	71.55	72.50	71.55	1.101 times
14 Tue May 2024	71.55	70.20	71.55	70.00	0.769 times
13 Mon May 2024	70.15	71.50	71.50	70.15	0.966 times
10 Fri May 2024	71.55	70.60	71.55	70.60	0.776 times
09 Thu May 2024	72.00	72.00	72.00	72.00	1.159 times
08 Wed May 2024	73.15	73.15	73.15	73.15	0.42 times
07 Tue May 2024	74.65	76.15	76.15	74.65	0.155 times
06 Mon May 2024	76.15	76.15	76.20	76.15	0.389 times
03 Fri May 2024	77.70	77.65	77.70	76.20	3.39 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 71 as stoploss in an intra day buy trade for a target of 73.55. However, stock will show a bearish move below 71.

Share price targets for Karma Energy (KARMAENG_BE)

Target Type	Value
Downside Target	58.05
Downside Target	62.75
Downside Target	66.40
Downside Target	70.00
Upside Target	75.95
Upside Target	77.70
Upside Target	78.40
Upside Target	79.50
Upside Target	80.85
Upside Target	103.00
Upside Target	105.10

Intraday share price targets for Karma Energy (KARMAENG_BE)

Target Type	Value
Downside Intraday Target	70.57
Downside Intraday Target	69.03
Upside Intraday Target	73.07
Upside Intraday Target	74.03
Downside Intraday Target	71.53

Weekly technical analysis of Karma Energy (KARMAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	72.10	71.50	72.50	70.00	1.202 times
10 Fri May 2024	71.55	76.15	76.20	70.60	0.569 times
03 Fri May 2024	77.70	78.40	78.40	75.95	0.997 times
26 Fri Apr 2024	76.90	71.00	76.90	71.00	2.236 times
19 Fri Apr 2024	70.35	66.40	70.35	66.40	1.937 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Karma Energy (KARMAENG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	72.10	76.05	77.70	70.00	0.733 times
30 Tue Apr 2024	75.95	67.60	78.40	62.75	0.781 times
28 Thu Mar 2024	68.95	80.85	80.85	58.05	1.068 times
29 Thu Feb 2024	80.85	103.00	103.00	79.50	0.218 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Karma Energy (KARMAENG_BE)

Price action analysis of Karma Energy ( (KARMAENG_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Karma Energy ( (KARMAENG_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Karma Energy ( (KARMAENG_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Karma Energy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Karma Energy in short term but the sell signal is initial and weak.

Karma Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Karma Energy in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Karma Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 73.99 and Karma Energy (KARMAENG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Karma Energy (KARMAENG_BE) stock. Volume based technical analysis of Karma Energy (KARMAENG_BE) stock is negative.

Karma Energy Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.