Taking everything into account, KGEI scores 0 out of 10 in our technical rating. KGEI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, KGEI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for KGEI in the last couple of days, which is a good sign.
3.74
We found 1 important support area.
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for KGEI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KGEI is down. |
| ChartMill Relative Strength | 10.1 | NEGATIVE | KGEI has a low relative strength, it was outperformed by 89.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KGEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KGEI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KGEI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.78 | NEUTRAL | The RSI value for KGEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KGEI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.38 | OVERSOLD | The low Stochastics value suggests KGEI may be oversold. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for KGEI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.26 | NEGATIVE | The low ADX value for KGEI suggests a weak or negative trend. |
3.8
+0.01 (+0.26%)
ChartMill assigns a technical rating of 0 / 10 to KGEI.
The current trend direction for KOLIBRI GLOBAL ENERGY INC (KGEI) is Bearish.
KOLIBRI GLOBAL ENERGY INC (KGEI) has an RSI value of 33.7811. This indicates that the stock is currently neutral.
The MACD indicator for KOLIBRI GLOBAL ENERGY INC (KGEI) has a value of 0.00197034, indicating a bearish trend.
KOLIBRI GLOBAL ENERGY INC (KGEI) has a support level at 3.79 and a resistance level at 3.89. Check the full technical report for our detailed analysis of KGEI support and resistance levels.