Kosmos Energy Ltd (KOS): Price Now Near $2.48; Daily Chart Shows Downtrend on 100 Day Basis

The Hourly View for KOS

At the moment, KOS (Get Ratings)’s price is down $0 (0%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as KOS has now gone up 4 of the past 5 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Of note is that the 20 hour changed directions on KOS; it is now pointing down. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

KOS ranks 100th in terms of today’s price percentage change out of Petroleum and Natural Gas stocks.

KOS’s Technical Outlook on the Daily Chart

Currently, KOS’s price is up $0.08 (3.35%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows KOS’s price action over the past 90 days.



KOS: Daily RSI Analysis

  • For KOS, its RSI is now at 68.4211.
  • KOS and RSI may be exhibiting divergent trends. This may be something to monitor.

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