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(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 2024-06-21 View latest technical analysis

10 day averaged volume of Bgr Energy is 22795

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	38.00	37.60	38.00	37.60	0.698 times
20 Thu Jun 2024	38.30	38.15	38.30	38.15	0.944 times
19 Wed Jun 2024	38.63	38.63	38.63	38.63	0.797 times
18 Tue Jun 2024	39.41	39.30	39.41	39.00	0.795 times
14 Fri Jun 2024	39.41	40.21	40.90	39.41	1.802 times
13 Thu Jun 2024	39.41	40.21	40.90	39.41	1.802 times
12 Wed Jun 2024	40.21	41.85	41.85	40.21	1.488 times
11 Tue Jun 2024	41.03	40.23	41.03	40.23	0.874 times
10 Mon Jun 2024	40.23	39.90	40.23	39.90	0.456 times
07 Fri Jun 2024	39.45	39.00	39.58	39.00	0.472 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.7, but if it comes above 38.7, then a intra day buy could be more profitable.
If you take a sell trade below 38.7, then use 38.7 as stoploss and 37.5 as target. However if you take a buy trade in stock , then use 38.7 as stoploss and 39.66 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	37.60
Upside Target	38.77
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	37.26
Downside Intraday Target	36.53
Upside Intraday Target	39.07
Upside Intraday Target	40.15
Upside Intraday Target	38.34

Weekly technical analysis of Bgr Energy (BgrEnergy)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	38.00	39.30	39.41	37.60	0.504 times
14 Fri Jun 2024	39.41	39.90	41.85	39.41	1.053 times
07 Fri Jun 2024	39.45	40.36	40.36	38.77	2.317 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

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)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	38.00	40.36	41.85	37.60	0.69 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 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) ) based on a short to mid 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) ) 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 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 39.44 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 negative.

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