14-day Premium Trial Subscription Try For FreeTry Free

Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KELTF
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Friday for Kelt Exploration Ltd.
(Updated on Jun 21, 2024)

Hold candidate since Jun 20, 2024 PDF

No changes to the price of Kelt Exploration Ltd. stock on the last trading day (Friday, 21st Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $4.42 to a day high of $4.42. The price has been going up and down for this period, and there has been a -0.23% loss for the last 2 weeks.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.81% during the next 3 months and, with a 90% probability hold a price between $3.97 and $4.57 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

KELTF Signals & Forecast

The Kelt Exploration Ltd. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $4.43. On a fall, the stock will find some support from the long-term average at approximately $4.40. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 0.455%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Kelt Exploration Ltd. stock

Kelt Exploration Ltd. finds support from accumulated volume at $4.41 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $4.14 (-6.29%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 15 days ago.)

Trading Expectations (KELTF) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Kelt Exploration Ltd. to open at $4.42, and during the day (based on 14 day Average True Range), to move between $4.38 and $4.46, which gives a possible trading interval of +/-$0.0400 (+/-0.91%) up or down from last closing price. If Kelt Exploration Ltd. takes out the full calculated possible swing range there will be an estimated 1.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.41 (0.20%) than the resistance at $4.49 (1.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kelt Exploration Ltd. stock A Buy?

Kelt Exploration Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Kelt Exploration Ltd. of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$4.42 ( 0%) $4.42

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KELTF

Fibonacci Support & Resistance Levels

Level Price
R3 4.42 -
R2 4.42 -
R1 4.42 -
Price 4.42
S1 4.42 -
S2 4.42 -
S3 4.42 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 4.67 5.66%
R2 4.54 2.71%
R1 4.49 1.58%
Price 4.42
S1 4.41 -0.197%
S2 4.41 -0.317%
S3 4.27 -3.51%

FAQ

What is the symbol for Kelt Exploration Ltd. Stock and on which exchange is it traded?
The symbol for Kelt Exploration Ltd. is KELTF and it is traded on the PINK (Pink Sheets).

Should I buy or sell Kelt Exploration Ltd. Stock?
Kelt Exploration Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Kelt Exploration Ltd. Stock?
Kelt Exploration Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kelt Exploration Ltd. Stock.

What's the current price of Kelt Exploration Ltd. Stock?
As of the end of day on the Jun 21, 2024, the price of an Kelt Exploration Ltd. (KELTF) share was $4.42.

What is the 52-week high and low for Kelt Exploration Ltd. Stock?
The 52-week high for Kelt Exploration Ltd. Stock is $5.95 and the 52-week low is $3.65.

What is the market capitalization of Kelt Exploration Ltd. Stock?
As of the Jun 21, 2024, the market capitalization of Kelt Exploration Ltd. is 862.784M.

When is the next earnings date for Kelt Exploration Ltd.?
The upcoming earnings date for Kelt Exploration Ltd. is Aug 01, 2024.
Click to get the best stock tips daily for free!

About Kelt Exploration Ltd.

Kelt Exploration Ltd. Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids production primarily to third party marketing companies. As of December 31, 2021, it had proved developed producing reserves of 43.9 million barrels of oil equ... KELTF Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT