Technical Analysis for CORO - Coro Energy Plc

Grade Last Price % Change Price Change
F 0.22 -3.48% -0.01
CORO closed up 2.22 percent on Thursday, March 23, 2023, on 44 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness -3.48%
Inside Day Range Contraction -3.48%
BB Squeeze Ended Range Expansion -3.48%
Lower Bollinger Band Touch Weakness -3.48%
Oversold Stochastic Weakness -3.48%
Bollinger Band Squeeze Range Contraction -1.33%
Lower Bollinger Band Walk Weakness -1.33%
Stochastic Reached Oversold Weakness -1.33%
BB Squeeze + Lower Band Touch Range Contraction -1.33%
Outside Day Range Expansion -1.33%

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

Alert Time
Possible NR7 about 1 hour ago
Fell Below Previous Day's Low about 5 hours ago
Down 3% about 5 hours ago
Down 2% about 5 hours ago
Down 1% about 5 hours ago

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Coro Energy Plc Description

Coro Energy Plc, formerly Saffron Energy Plc, is a United Kingdom-based company, which is a producer and explorer of natural gas based in Northern Italy. Its operations include The S. Maddalena gas field, The Bezzecca gas field and The Sillaro field. The S. Maddalena gas field (Sant'Alberto license) is located near the Sillaro field. The Sillaro field is located in the province of Bologna. The Sillaro field contains gas bearing zones in the Pliocene level at a depth of approximately 2,100 meters. The Company owns interest in the Cascino Castello license, where it is developing the Bezzecca oil field. All three areas, Sillaro, Bezzecca and Sant'Alberto are located in the Po Valley region of Northern Italy. The licenses and the application area cover an area of approximately 65.5 square kilometers and combined P2 (Proved and Probable) reserves attributable to the Company. Its Bezzecca 1 well is located approximately seven kilometers from the existing Vitalba gas production plant.


Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Gas Natural Gas Oil Field Gas Field Gas Production

Is CORO a Buy, Sell or Hold?

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


Indicator Value
52 Week High 0.52
52 Week Low 0.2
Average Volume 27,856,343
200-Day Moving Average 0.28
50-Day Moving Average 0.24
20-Day Moving Average 0.24
10-Day Moving Average 0.24
Average True Range 0.02
RSI 42.20
ADX 17.25
+DI 13.23
-DI 22.83
Chandelier Exit (Long, 3 ATRs) 0.22
Chandelier Exit (Short, 3 ATRs) 0.27
Upper Bollinger Bands 0.26
Lower Bollinger Band 0.23
Percent B (%b) 0.13
BandWidth 14.96
MACD Line 0.00
MACD Signal Line 0.00
MACD Histogram -0.0018
Fundamentals Value
Market Cap 1.82 Million
Num Shares 793 Million
EPS -2.80
Price-to-Earnings (P/E) Ratio -0.08
Price-to-Sales 0.00
Price-to-Book 22.82
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.25
Resistance 3 (R3) 0.25 0.24 0.24
Resistance 2 (R2) 0.24 0.24 0.24 0.24
Resistance 1 (R1) 0.24 0.23 0.24 0.24 0.24
Pivot Point 0.23 0.23 0.23 0.23 0.23
Support 1 (S1) 0.22 0.22 0.23 0.22 0.22
Support 2 (S2) 0.22 0.22 0.22 0.22
Support 3 (S3) 0.21 0.22 0.22
Support 4 (S4) 0.21