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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 2024-06-27 View latest technical analysis

10 day averaged volume of Bgr Energy is 58026

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	38.40	38.50	38.50	38.40	1.201 times
26 Wed Jun 2024	37.75	37.35	37.75	37.35	0.835 times
25 Tue Jun 2024	37.30	37.46	37.46	37.30	0.705 times
24 Mon Jun 2024	37.60	37.90	37.91	37.14	2.496 times
21 Fri Jun 2024	37.90	38.00	38.00	37.90	0.618 times
20 Thu Jun 2024	38.00	38.49	38.49	38.00	0.918 times
19 Wed Jun 2024	38.50	38.50	38.50	38.50	0.823 times
18 Tue Jun 2024	39.12	39.12	39.12	39.12	1.118 times
14 Fri Jun 2024	39.92	39.92	39.92	39.92	0.942 times
13 Thu Jun 2024	40.74	41.05	41.05	40.74	0.78 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 38 as stoploss in an intra day buy trade for a target of 39.15. However, stock will show a bearish move below 38.

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	37.90
Upside Target	41.10
Upside Target	41.58
Upside Target	42.90
Upside Target	44.30
Upside Target	45.70
Upside Target	54.90

Intraday share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Intraday Target	37.53
Downside Intraday Target	36.65
Upside Intraday Target	38.89
Upside Intraday Target	39.37
Downside Intraday Target	38.01

Weekly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	38.40	37.90	38.50	37.14	1.506 times
21 Fri Jun 2024	37.90	39.12	39.12	37.90	0.821 times
14 Fri Jun 2024	39.92	39.80	41.58	39.80	0.781 times
07 Fri Jun 2024	39.50	40.30	40.30	38.75	1.995 times
31 Fri May 2024	39.55	41.10	41.10	38.80	0.372 times

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

Monthly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	38.40	40.30	41.58	37.14	0.358 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 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 Bgr Energy (BGRENERGY_BE)

Price action analysis of Bgr Energy ( (BGRENERGY_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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.

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 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 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 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 38.41 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.