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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 2024-06-06 View latest technical analysis

10 day averaged volume of Asian Energy is 50685

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	270.90	260.00	271.35	260.00	1.654 times
05 Wed Jun 2024	258.45	266.85	266.85	248.25	1.504 times
04 Tue Jun 2024	259.30	270.20	274.00	258.10	1.571 times
03 Mon Jun 2024	271.65	288.40	288.40	264.15	1.709 times
31 Fri May 2024	278.05	279.85	286.00	270.25	0.526 times
30 Thu May 2024	274.70	280.65	280.65	266.75	1.14 times
29 Wed May 2024	276.15	289.35	289.95	274.95	0.825 times
28 Tue May 2024	289.35	294.85	294.85	280.80	0.727 times
27 Mon May 2024	289.70	297.00	297.00	285.80	0.663 times
24 Fri May 2024	291.60	292.05	299.00	288.00	0.673 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 272.5, but if it comes above 272.5, then a intra day buy could be more profitable.
If you take a sell trade below 272.5, then use 272.5 as stoploss and 258.4 as target. However if you take a buy trade in stock , then use 272.5 as stoploss and 284.33 as target.

Share price targets for Asian Energy (ASIANENE)

Target Type	Value
Downside Target	230.25
Downside Target	248.25
Downside Target	265.00
Upside Target	273.10
Upside Target	280.55
Upside Target	297.00
Upside Target	300.00
Upside Target	303.05
Upside Target	303.95
Upside Target	305.25
Upside Target	331.70
Upside Target	335.95

Intraday share price targets for Asian Energy (ASIANENE)

Target Type	Value
Downside Intraday Target	249.97
Downside Intraday Target	229.03
Upside Intraday Target	290.12
Upside Intraday Target	309.33
Downside Intraday Target	269.18

Weekly technical analysis of Asian Energy (ASIANENE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	270.90	288.40	288.40	248.25	1.659 times
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

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

Monthly technical analysis of Asian Energy (ASIANENE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	270.90	288.40	288.40	248.25	0.17 times
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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 272.41 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 negative.

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