Technical Analysis for CHAR - Chariot Oil & Gas Limited

Grade Last Price % Change Price Change
A 15.56 -0.66% -0.10
CHAR closed down 1.88 percent on Thursday, September 28, 2023, on 67 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Flat

Date Alert Name Type % Chg
200 DMA Support Bullish -0.66%
Calm After Storm Range Contraction -0.66%
NR7 Range Contraction -0.66%
NR7-2 Range Contraction -0.66%
Wide Bands Range Expansion -0.66%
Down 3 Days in a Row Weakness -0.66%
Down 4 Days in a Row Weakness -0.66%
Calm After Storm Range Contraction -2.53%
NR7 Range Contraction -2.53%
NR7-2 Range Contraction -2.53%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below 200 DMA about 1 hour ago
Fell Below 10 DMA about 1 hour ago
Possible NR7 about 20 hours ago
Fell Below 10 DMA about 20 hours ago
Down 3% about 23 hours ago

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Profile

Chariot Oil & Gas Limited Description

Chariot Oil & Gas Limited is an oil and gas exploration company. The Company has two reportable segments: exploration for oil and gas, and corporate costs. The Company has interests in approximately two licenses offshore Morocco; Rabat Deep (approximately 50% (operator), 25% Woodside, 25% Office National des Hydrocarbures et des Mines (ONHYM) (carried interest), and Mohammedia (approximately 75% Chariot (operator), 25% ONHYM (carried interest)). The Company holds approximately 55% and operatorship in the C-19 license offshore Mauritania. The Company holds approximately 100% interest of licenses BAR-M-292, 293, 313 and 314. The Company has interests in approximately three licenses covering over four blocks offshore Namibia. The Company's subsidiaries include Chariot Oil & Gas Investments (Mauritania) Limited, Chariot Oil & Gas Investments (Morocco) Limited, Chariot Brasil Petroleo e Gas Ltda and Chariot Oil & Gas Investments (Morocco) Limited.


Classification

Sector: Basic Materials
Industry: Independent Oil & Gas
Keywords: Oil Gas Oil And Gas Media Offshore Gas Exploration Oil And Gas Exploration Mines Mib Mauritania

Is CHAR 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 19.5
52 Week Low 11.32
Average Volume 2,191,697
200-Day Moving Average 15.61
50-Day Moving Average 14.70
20-Day Moving Average 14.69
10-Day Moving Average 15.51
Average True Range 0.95
RSI (14) 55.95
ADX 18.83
+DI 25.43
-DI 21.28
Chandelier Exit (Long, 3 ATRs) 14.63
Chandelier Exit (Short, 3 ATRs) 14.17
Upper Bollinger Bands 17.30
Lower Bollinger Band 12.07
Percent B (%b) 0.69
BandWidth 35.61
MACD Line 0.43
MACD Signal Line 0.20
MACD Histogram 0.2352
Fundamentals Value
Market Cap 60.82 Million
Num Shares 388 Million
EPS -4.00
Price-to-Earnings (P/E) Ratio -3.92
Price-to-Sales 0.00
Price-to-Book 2.36
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.61
Resistance 3 (R3) 16.62 16.30 16.45
Resistance 2 (R2) 16.30 16.06 16.30 16.40
Resistance 1 (R1) 15.98 15.91 15.83 15.98 16.35
Pivot Point 15.67 15.67 15.59 15.67 15.67
Support 1 (S1) 15.35 15.43 15.19 15.34 14.97
Support 2 (S2) 15.03 15.28 15.03 14.92
Support 3 (S3) 14.71 15.03 14.87
Support 4 (S4) 14.71