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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 2024-05-29 View latest technical analysis

10 day averaged volume of Bgr Energy is 132748

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	39.50	39.50	39.50	39.50	0.271 times
28 Tue May 2024	40.30	40.30	40.30	40.30	0.13 times
27 Mon May 2024	41.10	41.10	41.10	41.10	0.239 times
24 Fri May 2024	41.90	42.75	42.75	41.90	0.192 times
23 Thu May 2024	42.75	42.75	43.00	42.75	0.763 times
22 Wed May 2024	43.60	44.40	44.40	43.60	0.297 times
21 Tue May 2024	44.45	45.00	45.60	43.50	1.947 times
18 Sat May 2024	44.95	44.60	45.70	43.50	0.851 times
17 Fri May 2024	44.60	45.40	45.40	43.20	2.301 times
16 Thu May 2024	43.25	43.80	44.45	41.00	2.28 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.3 as stoploss in an intra day buy trade for a target of 41.32. However, stock will show a bearish move below 39.3.

Share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Target	33.10
Downside Target	34.80
Downside Target	36.80
Downside Target	37.70
Downside Target	39.50
Upside Target	41.10
Upside Target	42.90
Upside Target	44.30
Upside Target	45.60
Upside Target	45.70
Upside Target	48.00
Upside Target	54.90

Intraday share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Intraday Target	38.97
Downside Intraday Target	38.43
Upside Intraday Target	40.57
Upside Intraday Target	41.63
Upside Intraday Target	40.03

Weekly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	39.50	41.10	41.10	39.50	0.2 times
24 Fri May 2024	41.90	45.00	45.60	41.90	0.345 times
18 Sat May 2024	44.95	38.05	45.70	36.80	1.701 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

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 Bgr Energy (BGRENERGY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	39.50	39.20	45.70	36.80	0.953 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 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 Bgr Energy ( (BGRENERGY_BE) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bgr Energy in short term but the sell signal is initial and weak.

Bgr 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bgr Energy in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bgr 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 43.73 and Bgr Energy (BGRENERGY_BE) 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 Bgr Energy (BGRENERGY_BE) stock. Volume based technical analysis of Bgr Energy (BGRENERGY_BE) stock is negative.

Bgr 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.