Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Bgr Energy is 21491

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	38.81	38.77	38.81	38.77	0.605 times
05 Wed Jun 2024	38.77	38.77	38.77	38.77	1.424 times
04 Tue Jun 2024	39.56	39.56	39.56	39.56	3.028 times
03 Mon Jun 2024	40.36	40.36	40.36	40.36	0.913 times
31 Fri May 2024	39.57	39.57	39.57	39.57	0.945 times
30 Thu May 2024	38.80	39.00	39.00	38.80	0.786 times
29 Wed May 2024	39.59	39.65	39.65	39.59	0.731 times
28 Tue May 2024	40.39	40.39	40.39	40.39	0.095 times
27 Mon May 2024	41.21	41.21	41.21	41.21	0.236 times
24 Fri May 2024	42.05	42.15	42.15	42.05	0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.1, but if it comes above 39.1, then a intra day buy could be more profitable.
If you take a sell trade below 39.1, then use 39.1 as stoploss and 36.5 as target. However if you take a buy trade in stock , then use 39.1 as stoploss and 41.22 as target.

Share price targets for Bgr Energy (BgrEnergy)

Target Type	Value
Downside Target	33.10
Downside Target	34.76
Downside Target	36.63
Downside Target	38.43
Upside Target	40.36
Upside Target	41.21
Upside Target	44.35
Upside Target	45.20
Upside Target	45.90
Upside Target	49.35
Upside Target	54.37
Upside Target	119.48

Intraday share price targets for Bgr Energy (BgrEnergy)

Target Type	Value
Downside Intraday Target	38.27
Downside Intraday Target	37.72
Upside Intraday Target	39.86
Upside Intraday Target	40.9
Upside Intraday Target	39.31

Weekly technical analysis of Bgr Energy (BgrEnergy)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	38.81	40.36	40.36	38.77	2.138 times
31 Fri May 2024	39.57	41.21	41.21	38.80	0.73 times
24 Fri May 2024	42.05	45.20	45.20	42.05	0.343 times
18 Sat May 2024	45.19	37.74	45.90	36.63	1.952 times
10 Fri May 2024	38.51	39.14	41.40	38.43	3.507 times

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

Monthly technical analysis of Bgr Energy (BgrEnergy)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	38.81	40.36	40.36	38.77	0.246 times
31 Fri May 2024	39.57	39.14	45.90	36.63	0.905 times
30 Tue Apr 2024	38.38	33.99	44.35	33.10	0.268 times
28 Thu Mar 2024	34.77	48.45	54.37	34.76	0.252 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)

Price action analysis of Bgr Energy ( (BgrEnergy) ) 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) ) 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) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bgr Energy ( (BgrEnergy) ) 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 Strong and stock is gaining 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 getting stronger in this stock.

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 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 39.61 and Bgr Energy (BgrEnergy) 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) stock. Volume based technical analysis of Bgr Energy (BgrEnergy) 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.