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(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 2024-05-17 View latest technical analysis

10 day averaged volume of Karma Energy is 4103

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	72.05	72.05	72.10	72.05	0.51 times
16 Thu May 2024	72.10	72.05	72.10	72.00	0.663 times
15 Wed May 2024	72.05	71.55	72.50	71.55	1.126 times
14 Tue May 2024	71.55	70.20	71.55	70.00	0.787 times
13 Mon May 2024	70.15	71.50	71.50	70.15	0.989 times
10 Fri May 2024	71.55	70.60	71.55	70.60	0.794 times
09 Thu May 2024	72.00	72.00	72.00	72.00	1.186 times
08 Wed May 2024	73.15	73.15	73.15	73.15	0.429 times
07 Tue May 2024	74.65	76.15	76.15	74.65	0.158 times
06 Mon May 2024	76.15	76.15	76.20	76.15	0.398 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 71.3 as stoploss in an intra day buy trade for a target of 73.7. However, stock will show a bearish move below 71.3.

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	70.53
Downside Intraday Target	69.02
Upside Intraday Target	73.03
Upside Intraday Target	74.02
Downside Intraday Target	71.52

Weekly technical analysis of Karma Energy (KARMAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	72.05	71.50	72.50	70.00	1.373 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
17 Fri May 2024	72.05	76.05	77.70	70.00	0.767 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 losing momentum.

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

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 coming down

CCI has generated a SELL signal for Karma Energy in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 72.02 and Karma Energy (KARMAENG_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.