KOLIBRI GLOBAL ENERGY INC (KGEI) Technical Analysis
NASDAQ:KGEI • CA50043K4063
Current stock price
KGEI Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to KGEI. Although KGEI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- KGEI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 69% of 209 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month KGEI has a been trading in the 4.56 - 5.94 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, KGEI turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- KGEI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KGEI is lagging the market.
- Volume is considerably higher in the last couple of days.
KGEI Weekly and Daily overview Charts
KGEI Setup Rating and Analysis
Besides having an excellent technical rating, KGEI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for KGEI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
KGEI Support and Resistance Analysis
3.43
5 important support areas can be observed.
- Support @5.70 from a trend line in the weekly time frame.
- Support @5.20 from a trend line in the daily time frame.
- A support zone ranging from 4.90 to 4.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.43 from a trend line in the daily time frame.
- Support @3.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.78 to 5.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
KGEI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for KGEI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KGEI is up. |
| ChartMill Relative Strength | 65.72 | NEUTRAL | KGEI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KGEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KGEI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KGEI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.02 | NEUTRAL | The RSI value for KGEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests KGEI has a positive trend. |
| Stochastics (14,3) | 81.87 | OVERBOUGHT | The high Stochastics value suggests KGEI may be overbought. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for KGEI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.03 | NEGATIVE | The low ADX value for KGEI suggests a weak or negative trend. |
KGEI Chart- and CandleStick Pattern Analysis
KGEI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.90 | 5.69 | 0.21 (3.56%) | 25.00% |
| An entry @5.90. This is a Buy Stop order right above the resistance zone. | An exit @5.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 3.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of KGEI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KGEI Technicals: Chart, Performance Metrics, Trend & Indicators
5.74
-0.06 (-1.03%)
KOLIBRI GLOBAL ENERGY INC / KGEI TA FAQ
What is the technical rating for KGEI stock?
ChartMill assigns a technical rating of 8 / 10 to KGEI.
What is the current trend direction of KOLIBRI GLOBAL ENERGY INC (KGEI) stock?
The current trend direction for KOLIBRI GLOBAL ENERGY INC (KGEI) is Bullish.
What is the RSI signal for KOLIBRI GLOBAL ENERGY INC (KGEI) stock?
KOLIBRI GLOBAL ENERGY INC (KGEI) has an RSI value of 61.0179. This indicates that the stock is currently neutral.
What is the short term momentum for KOLIBRI GLOBAL ENERGY INC (KGEI) stock?
The short term momentum for KOLIBRI GLOBAL ENERGY INC (KGEI) is positive.
What is the support and resistance level for KGEI stock?
KOLIBRI GLOBAL ENERGY INC (KGEI) has a support level at 5.7 and a resistance level at 5.78. Check the full technical report for our detailed analysis of KGEI support and resistance levels.