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 2024-06-05 View latest technical analysis

10 day averaged volume of Karma Energy is 7486

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	63.50	59.70	65.50	59.60	1.071 times
04 Tue Jun 2024	62.70	63.10	65.40	62.70	0.625 times
03 Mon Jun 2024	66.00	72.20	72.20	65.60	1.335 times
31 Fri May 2024	69.05	69.05	74.00	69.05	0.859 times
30 Thu May 2024	72.65	75.00	75.00	72.65	0.444 times
29 Wed May 2024	76.45	76.45	76.45	76.45	0.638 times
28 Tue May 2024	80.45	80.30	80.45	79.00	3.275 times
27 Mon May 2024	76.65	76.65	76.65	76.65	0.986 times
24 Fri May 2024	73.00	73.00	73.00	72.50	0.619 times
23 Thu May 2024	73.00	73.00	73.00	73.00	0.958 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 62.8, for a target of 67.6 or 71.61

Share price targets for Karma Energy (KARMAENG_BE)

Target Type	Value
Downside Target	58.05
Downside Target	59.60
Downside Target	62.75
Upside Target	69.05
Upside Target	72.05
Upside Target	76.20
Upside Target	78.40
Upside Target	79.50
Upside Target	80.45
Upside Target	80.85
Upside Target	103.00

Intraday share price targets for Karma Energy (KARMAENG_BE)

Target Type	Value
Downside Intraday Target	58
Downside Intraday Target	52.5
Upside Intraday Target	70.6
Upside Intraday Target	77.7
Upside Intraday Target	65.1

Weekly technical analysis of Karma Energy (KARMAENG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	63.50	72.20	72.20	59.60	0.489 times
31 Fri May 2024	69.05	76.65	80.45	69.05	2.286 times
24 Fri May 2024	73.00	72.05	73.00	72.05	1.215 times
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

Price has moved down 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
05 Wed Jun 2024	63.50	72.20	72.20	59.60	0.2 times
31 Fri May 2024	69.05	76.05	80.45	69.05	1.86 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

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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Karma Energy stock for short term is SELL. Signal strength is Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Karma Energy in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 73.06 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 negative.

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