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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 2024-06-03 View latest technical analysis

10 day averaged volume of Bgr Energy is 69535

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	40.30	40.30	40.30	40.30	0.614 times
31 Fri May 2024	39.55	39.55	39.55	39.55	0.59 times
30 Thu May 2024	38.80	39.00	39.00	38.80	0.458 times
29 Wed May 2024	39.50	39.50	39.50	39.50	0.518 times
28 Tue May 2024	40.30	40.30	40.30	40.30	0.248 times
27 Mon May 2024	41.10	41.10	41.10	41.10	0.456 times
24 Fri May 2024	41.90	42.75	42.75	41.90	0.366 times
23 Thu May 2024	42.75	42.75	43.00	42.75	1.457 times
22 Wed May 2024	43.60	44.40	44.40	43.60	0.566 times
21 Tue May 2024	44.45	45.00	45.60	43.50	3.717 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.2 or till 36.8. Use a stoploss of 41.26 and if the stock hits stoploss, then it can shoot up till 43.31

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	38.45
Downside Target	40.30
Upside Target	41.90
Upside Target	42.90
Upside Target	44.30
Upside Target	45.60
Upside Target	45.70
Upside Target	54.90

Intraday share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Intraday Target	40.3
Downside Intraday Target	40.3
Downside Intraday Target	40.3
Downside Intraday Target	40.3
Downside Intraday Target	40.3

Weekly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	40.30	40.30	40.30	40.30	0.27 times
31 Fri May 2024	39.55	41.10	41.10	38.80	0.372 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

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
03 Mon Jun 2024	40.30	40.30	40.30	40.30	0.014 times
31 Fri May 2024	39.55	39.20	45.70	36.80	0.977 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

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 neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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

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

Bgr 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 green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 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 42.56 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 positive

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