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ShaMaran Petroleum Corp.

SHASF•PNK
Energy
Oil & Gas Exploration & Production
$0.17
$0.004(2.62%)
U.S. Market opens in 13h 33m

ShaMaran Petroleum Corp. (SHASF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ShaMaran Petroleum Corp. (PNK:SHASF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHASF Technical Analysis Summary

ShaMaran Petroleum Corp. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.39)
Trend Strength:Moderate (ADX: 21.35)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.16 – $0.18 (Bollinger Bands)

This mix signals that ShaMaran Petroleum Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.39

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 25.50

Bearish
Momentum remains weak below midpoint.

Williams %R: -46.98

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.12

Bearish
Selling pressure outweighs buying.

Takeaway:ShaMaran Petroleum Corp. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 21.35

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 8.14

Neutral
Neutral, no strong directional signal.

Takeaway:ShaMaran Petroleum Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.18
Middle Band (SMA 20)
$0.17
Lower Band
$0.16
Current Position
Within Bands

Takeaway:ShaMaran Petroleum Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.19
Middle Line (EMA 20)
$0.17
Lower Channel
$0.15
Squeeze Status
Squeeze On

Takeaway:ShaMaran Petroleum Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume11.63M
Money Flow Index68.10Bullish, inflows support continued momentum.
Relative Vigor Index51.95Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SHASF shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of ShaMaran Petroleum Corp., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for ShaMaran Petroleum Corp. are mixed, suggesting a Hold or wait-and-see approach.

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