Karoon Energy Stock Technical Analysis

KRNGF Stock  USD 1.37  0.14  11.38%   
As of the 20th of April, Karoon Energy secures the Mean Deviation of 0.9533, downside deviation of 5.53, and Risk Adjusted Performance of 0.0258. Karoon Energy technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Karoon Energy, which can be compared to its peers in the industry. Please verify Karoon Energy variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Karoon Energy is priced some-what accurately, providing market reflects its recent price of 1.37 per share. Given that Karoon Energy is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.

Karoon Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Karoon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Karoon
  
Karoon Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Karoon Energy technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Karoon Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Karoon Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Karoon Energy Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Karoon Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Karoon Energy Trend Analysis

Use this graph to draw trend lines for Karoon Energy. You can use it to identify possible trend reversals for Karoon Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Karoon Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Karoon Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Karoon Energy applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Karoon Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Karoon Energy price change compared to its average price change.

About Karoon Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Karoon Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Karoon Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Karoon Energy price pattern first instead of the macroeconomic environment surrounding Karoon Energy. By analyzing Karoon Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Karoon Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Karoon Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.

Karoon Energy April 20, 2024 Technical Indicators

Most technical analysis of Karoon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Karoon from various momentum indicators to cycle indicators. When you analyze Karoon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karoon Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Karoon Energy information on this page should be used as a complementary analysis to other Karoon Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Karoon Pink Sheet analysis

When running Karoon Energy's price analysis, check to measure Karoon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Karoon Energy is operating at the current time. Most of Karoon Energy's value examination focuses on studying past and present price action to predict the probability of Karoon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karoon Energy's price. Additionally, you may evaluate how the addition of Karoon Energy to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Equity Valuation
Check real value of public entities based on technical and fundamental data
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Global Correlations
Find global opportunities by holding instruments from different markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Please note, there is a significant difference between Karoon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karoon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karoon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.