Homepage Active Options Active Stocks

Stock analysis Karma Energy Limited KARMAENG

More indepth analysis on MunafaSutra.com

Moving Averages for Karma Energy Limited

  • 5Day Average: 74.66
  • 12Day Average: 77.2
  • 20Day Average: 79.82
  • 50Day Average: 70.53
  • 100Day Average: 56.59
  • 150Day Average: 47.4
  • 200Day Average: 42.39

KARMAENG Indicators & signals

Indicator MACD (12,26,9)

75.91, 74.72, 2.84
Indicator MACD is in positive zone

Indicator ADX (14)

11.34, 30.11, 23.98
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of KARMAENG Karma Energy Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Wed Nov 2024 73.93 71.05 to 77.49 -0.24% 4.68 times
05 Tue Nov 2024 74.11 72.30 to 76.50 -0.87% 0.5 times
04 Mon Nov 2024 74.76 72.05 to 79.45 -1.35% 0.55 times
01 Fri Nov 2024 75.78 73.00 to 78.47 1.39% 0.41 times
31 Thu Oct 2024 74.74 72.30 to 74.98 4.66% 0.4 times
30 Wed Oct 2024 71.41 66.01 to 71.41 5% 0.24 times
29 Tue Oct 2024 68.01 66.60 to 70.65 -0.9% 0.15 times
28 Mon Oct 2024 68.63 66.96 to 72.87 -17.23% 0.22 times
23 Tue Jul 2024 82.92 82.92 to 87.92 0% 3.3 times
23 Tue Jul 2024 82.92 82.92 to 87.92 -5.01% 3.3 times
22 Mon Jul 2024 87.29 87.29 to 91.00 -5.01% 0.93 times
19 Fri Jul 2024 91.89 91.86 to 101.53 -4.97% 10.41 times

Technical analysis forecast for Karma Energy Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Karma Energy Limited KARMAENG at this time. Stock is falling and might fall more.

It appears as if Karma Energy Limited KARMAENG gave a large move recently.

Stock of Karma Energy Limited (KARMAENG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Karma Energy Limited is bearish for shortterm, and stock might move down till 67.8 or till 58.4. Use a stoploss of 75.68 and if the stock hits stoploss, then it can shoot up till 83.55

More indepth analysis on MunafaSutra.com