Technical Analysis for 88E - 88 Energy Ltd

Grade Last Price % Change Price Change
F 0.17 -1.47% 0.00
88E closed down 1.47 percent on Friday, April 26, 2024, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction -1.47%
NR7-2 Range Contraction -1.47%
Narrow Range Bar Range Contraction -1.47%
Inside Day Range Contraction -1.47%
Wide Bands Range Expansion -1.47%
Oversold Stochastic Weakness -1.47%
NR7 Range Contraction -1.47%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low 2 days ago
Down 5% 2 days ago
Down 3% 2 days ago
Down 2% 2 days ago
Down 1% 2 days ago

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Profile

88 Energy Ltd Description

88 Energy Limited engages in the oil and gas exploration and production in the United States. The company's projects includes 75% working interest in the Phoenix project, which covers an area of approximately 62,324 net acres; 75% working interest in the Icewine West project covering an area of approximately 121,996 net acres; 100% working interest in Peregrine project, which covers an area of approximately 125,741 net acres; 100% working interest in the Leonis project covering an area of approximately 25,600 net acres; 100% working interest in the Umiat unit, which covers an area of approximately 17,633 net acres; and 100% working interest in the Yukon leases covering an area of approximately 15,235 net acres located in onshore, North Slope of Alaska, the United States. It also holds 73% working interest in the Longhorn project, which covers an area of approximately 964 net acres located in onshore, Permian Basin, Texas. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.


Classification

Sector: Energy
Industry: Oil & Gas E&P

Is 88E a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.4675
52 Week Low 0.155
Average Volume 236,482,483
200-Day Moving Average 0.30
50-Day Moving Average 0.28
20-Day Moving Average 0.27
10-Day Moving Average 0.20
Average True Range 0.03
RSI (14) 31.97
ADX 26.73
+DI 19.71
-DI 33.13
Chandelier Exit (Long, 3 ATRs) 0.33
Chandelier Exit (Short, 3 ATRs) 0.26
Upper Bollinger Bands 0.42
Lower Bollinger Band 0.12
Percent B (%b) 0.17
BandWidth 112.80
MACD Line -0.04
MACD Signal Line -0.02
MACD Histogram -0.0136
Fundamentals Value
Market Cap 41.42 Million
Num Shares 24.7 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 25484.13
Price-to-Book 0.87
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.18
Resistance 3 (R3) 0.18 0.18 0.18
Resistance 2 (R2) 0.18 0.17 0.18 0.18
Resistance 1 (R1) 0.17 0.17 0.17 0.17 0.18
Pivot Point 0.17 0.17 0.17 0.17 0.17
Support 1 (S1) 0.16 0.16 0.16 0.16 0.16
Support 2 (S2) 0.16 0.16 0.16 0.16
Support 3 (S3) 0.15 0.16 0.16
Support 4 (S4) 0.15