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

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

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Bgr Energy is 167748

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	43.25	43.80	44.45	41.00	1.804 times
15 Wed May 2024	42.75	42.75	42.75	42.10	0.792 times
14 Tue May 2024	40.75	38.25	40.75	38.00	0.804 times
13 Mon May 2024	38.85	38.05	39.65	36.80	1.451 times
10 Fri May 2024	38.65	38.45	38.65	38.45	0.515 times
09 Thu May 2024	39.20	39.25	39.25	39.20	0.182 times
08 Wed May 2024	40.00	39.15	40.15	39.15	0.959 times
07 Tue May 2024	39.90	41.50	41.50	39.90	1.113 times
06 Mon May 2024	40.70	40.70	40.70	40.70	1.55 times
03 Fri May 2024	39.95	39.95	39.95	39.95	2.045 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 43.1, for a target of 41 or 39.26

Share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Target	33.10
Downside Target	34.80
Downside Target	36.30
Downside Target	37.70
Downside Target	39.95
Downside Target	41.10
Downside Target	41.50
Downside Target	42.90
Upside Target	44.30
Upside Target	44.45
Upside Target	48.00
Upside Target	54.90

Intraday share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Intraday Target	38.55
Downside Intraday Target	33.85
Upside Intraday Target	46.2
Upside Intraday Target	49.15
Downside Intraday Target	41.5

Weekly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	43.25	38.05	44.45	36.80	1.123 times
10 Fri May 2024	38.65	40.70	41.50	38.45	1.301 times
03 Fri May 2024	39.95	37.70	39.95	37.70	1.107 times
26 Fri Apr 2024	37.00	38.50	38.50	36.30	1.081 times
19 Fri Apr 2024	39.25	40.15	40.15	38.60	2.089 times

Price has moved up 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 Bgr Energy (BGRENERGY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	43.25	39.20	44.45	36.80	0.649 times
30 Tue Apr 2024	38.45	33.10	44.30	33.10	0.232 times
28 Thu Mar 2024	34.80	52.45	54.90	34.80	441.759 times
01 Mon Feb 2021	42.30	41.80	42.90	41.10	0.037 times

Scroll below to view daily charts

Price has moved up 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 Bgr Energy (BGRENERGY_BE)

Price action analysis of Bgr Energy ( (BGRENERGY_BE) ) based on a short 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.

Price action analysis of Bgr Energy ( (BGRENERGY_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bgr Energy ( (BGRENERGY_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bgr Energy ( (BGRENERGY_BE) ) based on a mid to longer 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.

ADX buy sell signal for Bgr Energy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bgr Energy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bgr Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Bgr Energy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bgr 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 40.62 and Bgr Energy (BGRENERGY_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Bgr Energy Stock is giving positive 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.