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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 2024-03-28 View latest technical analysis

10 day averaged volume of Bgr Energy is 762162

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	34.80	36.60	36.80	34.80	1.884 times
27 Wed Mar 2024	36.60	38.50	38.80	36.60	1.258 times
26 Tue Mar 2024	38.50	39.60	39.95	38.00	0.557 times
22 Fri Mar 2024	39.60	40.00	40.60	39.30	0.893 times
21 Thu Mar 2024	39.75	40.35	40.90	39.25	0.381 times
20 Wed Mar 2024	39.50	39.90	41.00	38.40	1.661 times
19 Tue Mar 2024	39.50	40.35	40.90	38.95	0.634 times
18 Mon Mar 2024	40.30	41.10	42.00	39.15	1.192 times
15 Fri Mar 2024	41.20	40.40	42.75	40.40	1.786 times
14 Thu Mar 2024	42.50	39.60	43.00	39.60	0.901 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, but if it comes above 38, then a intra day buy could be more profitable.
If you take a sell trade below 38, then use 38 as stoploss and 32.3 as target. However if you take a buy trade in stock , then use 38 as stoploss and 42.81 as target.

Share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Target	34.80
Upside Target	37.10
Upside Target	38.40
Upside Target	39.60
Upside Target	41.10
Upside Target	42.00
Upside Target	42.90
Upside Target	48.00
Upside Target	49.95
Upside Target	53.90
Upside Target	54.10
Upside Target	54.90

Intraday share price targets for Bgr Energy (BGRENERGY_BE)

Target Type	Value
Downside Intraday Target	33.08
Downside Intraday Target	31.37
Upside Intraday Target	38.23
Upside Intraday Target	41.67
Upside Intraday Target	36.52

Weekly technical analysis of Bgr Energy (BGRENERGY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	34.80	39.60	39.95	34.80	0.777 times
22 Fri Mar 2024	39.60	41.10	42.00	38.40	1.028 times
15 Fri Mar 2024	41.20	49.75	49.95	39.60	1.321 times
07 Thu Mar 2024	48.55	54.90	54.90	43.95	4.851 times
02 Sat Mar 2024	53.90	41.80	54.10	41.10	5.49 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	34.80	52.45	54.90	34.80	441.759 times
01 Mon Feb 2021	42.30	41.80	42.90	41.10	0.037 times
29 Fri Jan 2021	41.40	47.85	48.00	40.15	1.292 times
31 Thu Dec 2020	47.05	53.90	53.90	44.45	0.857 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 mid to longer 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.

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 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 38.95 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.