Technical Analysis for CASP - Caspian Sunrise Plc

Grade Last Price % Change Price Change
C 2.95 1.72% 0.05
CASP closed up 1.72 percent on Tuesday, April 23, 2024, on 62 percent of normal volume. It was able to find support at its 50 day moving average. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. 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 Up Up Down

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish 1.72%
Crossed Above 50 DMA Bullish 1.72%
Wide Bands Range Expansion 1.72%
Oversold Stochastic Weakness 1.72%
Fell Below 200 DMA Bearish 7.27%
Fell Below 50 DMA Bearish 7.27%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 11 hours ago
50 DMA Support about 11 hours ago
Up 5% about 11 hours ago
Down 3% about 12 hours ago
Down 2% about 12 hours ago

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Profile

Caspian Sunrise Plc Description

Caspian Sunrise PLC, formerly Roxi Petroleum Plc, is engaged in exploration and production of crude oil in Kazakhstan. It has interests in approximately four exploration and production contract areas spread over three petroleum basins, including the pre-Caspian basin, the Mangyshlak basin in Western Kazakhstan and the Turgai basin in Central Kazakhstan. Its BNG Contract Area is located in the west of Kazakhstan approximately 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering an area of over 1,702 square kilometers. The BNG Contract Area has both shallow and deep prospects, including Deep Well A5, Deep Well 801, Deep Well A6, Well 805 and Well 54. Its other assets include Munaily and Beibars. The Munaily field is located in the Atyrau Oblast approximately 70 kilometers southeast of the town of Kulsary. It holds interest in Beibars Munai LLP, which operates over 167 square kilometers Beibars Contract Area on the Caspian shoreline south of the city of Aktau.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Petroleum Crude Oil Kazakhstan

Is CASP 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 7.3
52 Week Low 2.2
Average Volume 1,598,127
200-Day Moving Average 2.93
50-Day Moving Average 2.86
20-Day Moving Average 3.40
10-Day Moving Average 3.11
Average True Range 0.30
RSI (14) 45.05
ADX 34.19
+DI 21.03
-DI 21.69
Chandelier Exit (Long, 3 ATRs) 3.31
Chandelier Exit (Short, 3 ATRs) 3.49
Upper Bollinger Bands 4.20
Lower Bollinger Band 2.60
Percent B (%b) 0.22
BandWidth 46.98
MACD Line 0.01
MACD Signal Line 0.11
MACD Histogram -0.1082
Fundamentals Value
Market Cap 66.39 Million
Num Shares 2.25 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 1.56
Price-to-Book 1.02
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.40
Resistance 3 (R3) 3.40 3.25 3.33
Resistance 2 (R2) 3.25 3.14 3.25 3.30
Resistance 1 (R1) 3.10 3.06 3.18 3.10 3.27
Pivot Point 2.95 2.95 2.99 2.95 2.95
Support 1 (S1) 2.80 2.84 2.88 2.80 2.63
Support 2 (S2) 2.65 2.76 2.65 2.60
Support 3 (S3) 2.50 2.65 2.58
Support 4 (S4) 2.50