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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 2024-07-03 View latest technical analysis

10 day averaged volume of Bgr Energy is 86875

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	41.06	43.20	43.70	40.55	3.039 times
02 Tue Jul 2024	42.11	41.80	42.11	40.50	1.951 times
01 Mon Jul 2024	40.11	38.80	40.11	37.20	2.563 times
28 Fri Jun 2024	38.20	38.36	38.36	38.00	0.41 times
27 Thu Jun 2024	38.40	38.50	38.50	38.40	0.802 times
26 Wed Jun 2024	37.75	37.35	37.75	37.35	0.558 times
25 Tue Jun 2024	37.30	37.46	37.46	37.30	0.471 times
24 Mon Jun 2024	37.60	37.90	37.91	37.14	1.667 times
21 Fri Jun 2024	37.90	38.00	38.00	37.90	0.413 times
20 Thu Jun 2024	38.00	38.49	38.49	38.00	0.613 times

Stock of Bgr Energy (BGRENERGY_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.7, but if it comes below 40.7, then a intra day sell could be more profitable.
If you take a sell trade below 40.7, then use 40.7 as stoploss and 39.31 as target. However if you take a buy trade in stock , then use 40.7 as stoploss and 42.3 as target.

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	40.30
Upside Target	41.58
Upside Target	43.70
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	37.61
Downside Intraday Target	34.15
Upside Intraday Target	44.11
Upside Intraday Target	47.15
Downside Intraday Target	40.65

Weekly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	41.06	38.80	43.70	37.20	1.932 times
28 Fri Jun 2024	38.20	37.90	38.50	37.14	1.683 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

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
03 Wed Jul 2024	41.06	38.80	43.70	37.20	0.595 times
28 Fri Jun 2024	38.20	40.30	41.58	37.14	0.37 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

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 coming down

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 39.76 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 negative.

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