Kalina Power Ltd Stock Forecast
Volatile ride for Kalina Power Ltd stock price on Friday moving between A$0.0030 and A$0.0040
(Updated on Jun 21, 2024)
No changes to the price of Kalina Power Ltd stock on the last trading day (Friday, 21st Jun 2024). During the last trading day the stock fluctuated 33.33% from a day low at A$0.0030 to a day high of A$0.0040. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The stock lies in the middle of a very 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 -11.57% during the next 3 months and, with a 90% probability hold a price between A$0.0021 and A$0.0042 at the end of this 3-month period.
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KPO.AX Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has fallen 0%. 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. The Kalina Power Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at A$0.0034 and A$0.0035. A break-up above any of these levels will issue buy signals. 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 Kalina Power Ltd stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved A$0.0010 between high and low, or 33.33%. For the last week the stock has had daily average volatility of 20.00%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KPO.AX) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Kalina Power Ltd to open at A$0.0033, and during the day (based on 14 day Average True Range), to move between A$0.0025 and A$0.0035, which gives a possible trading interval of +/-A$0.0005 (+/-17.70%) up or down from last closing price. If Kalina Power Ltd takes out the full calculated possible swing range there will be an estimated 35.41% move between the lowest and the highest trading price during the day.
Is Kalina Power Ltd stock A Buy?
Kalina Power Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -5.774 Strong Sell Candidate Unchanged
Predicted Opening Price for Kalina Power Ltd of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| A$0.0033 ( 11.11%) | A$0.0030 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KPO.AX
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0043 | 44.44% |
| R2 | 0.0040 | 31.71% |
| R1 | 0.0037 | 23.84% |
| Price | 0.0030 | |
| S1 | 0.0030 | -1.62% |
| S2 | 0.0027 | -9.49% |
| S3 | 0.0023 | -22.22% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 0.0030 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
KPO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 31, 1993 | Nov 23, 1993 | Dec 15, 1993 | A$9.48 | 5.38% |
| 2 | Nov 21, 1990 | Dec 05, 1990 | Dec 12, 1990 | A$7.40 | 2.68% |
| 3 | May 08, 1990 | May 23, 1990 | May 31, 1990 | A$8.85 | 2.23% |
FAQ
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