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(ASIANENE) Asian Energy complete technical analysis [charts+indicators] | Buy/Sell Asian Energy | (ASIANENE) share price targets

Complete technical analysis of Asian Energy (ASIANENE) by charts plus indicators, forecast predictions and share price targets for Asian Energy (ASIANENE)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Asian Energy is 36160

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	278.05	279.85	286.00	270.25	0.737 times
30 Thu May 2024	274.70	280.65	280.65	266.75	1.598 times
29 Wed May 2024	276.15	289.35	289.95	274.95	1.157 times
28 Tue May 2024	289.35	294.85	294.85	280.80	1.02 times
27 Mon May 2024	289.70	297.00	297.00	285.80	0.929 times
24 Fri May 2024	291.60	292.05	299.00	288.00	0.944 times
23 Thu May 2024	292.05	294.65	297.60	291.35	0.926 times
22 Wed May 2024	291.35	292.85	299.00	290.65	0.908 times
21 Tue May 2024	287.75	298.75	300.00	286.95	1.489 times
18 Sat May 2024	293.80	292.40	297.00	288.00	0.176 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 281.2, but if it comes above 281.2, then a intra day buy could be more profitable.
If you take a sell trade below 281.2, then use 281.2 as stoploss and 269 as target. However if you take a buy trade in stock , then use 281.2 as stoploss and 291.43 as target.

Share price targets for Asian Energy (ASIANENE)

Target Type	Value
Downside Target	230.25
Downside Target	257.90
Downside Target	265.00
Downside Target	273.10
Upside Target	280.55
Upside Target	297.00
Upside Target	303.95
Upside Target	305.25
Upside Target	316.70
Upside Target	331.70
Upside Target	335.95
Upside Target	344.25

Intraday share price targets for Asian Energy (ASIANENE)

Target Type	Value
Downside Intraday Target	264.2
Downside Intraday Target	250.35
Upside Intraday Target	294.45
Upside Intraday Target	310.85
Upside Intraday Target	280.6

Weekly technical analysis of Asian Energy (ASIANENE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	278.05	297.00	297.00	266.75	1.275 times
24 Fri May 2024	291.60	298.75	300.00	286.95	0.822 times
18 Sat May 2024	293.80	290.10	303.95	282.35	0.183 times
10 Fri May 2024	293.75	331.70	331.70	273.10	2.157 times
03 Fri May 2024	315.95	276.00	316.70	275.00	3.339 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Asian Energy (ASIANENE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	278.05	286.90	331.70	266.75	2.717 times
30 Tue Apr 2024	287.30	280.00	305.25	265.00	0.638 times
28 Thu Mar 2024	271.20	296.00	303.05	230.25	0.841 times
29 Thu Feb 2024	296.55	312.00	335.95	280.55	0.729 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Asian Energy (ASIANENE)

Price action analysis of Asian Energy ( (ASIANENE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Asian Energy ( (ASIANENE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Asian Energy ( (ASIANENE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Asian Energy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Asian Energy in short term and the sell signal is strong.

Asian Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Asian Energy in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Asian Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 285.12 and Asian Energy (ASIANENE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Asian Energy (ASIANENE) stock. Volume based technical analysis of Asian Energy (ASIANENE) stock is negative.

Asian Energy Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.