Brooge Energy Limited Stock Technical Analysis

BROGW Stock  USD 0  0.0008  53.33%   
As of the 26th of November, Brooge Energy shows the Risk Adjusted Performance of 0.1348, downside deviation of 30.6, and Mean Deviation of 22.48. Brooge Energy Limited technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Brooge Energy Limited coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Brooge Energy Limited is priced correctly, providing market reflects its regular price of 0.0023 per share. As Brooge Energy Limited appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Brooge Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brooge, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Brooge
  
Brooge Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Brooge Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Brooge Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brooge Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Brooge Energy Limited Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Brooge Energy Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Brooge Energy Limited Trend Analysis

Use this graph to draw trend lines for Brooge Energy Limited. You can use it to identify possible trend reversals for Brooge Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Brooge Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Brooge Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Brooge Energy Limited applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Brooge Energy Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Brooge Energy price change compared to its average price change.

About Brooge Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Brooge Energy Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Brooge Energy Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brooge Energy Limited price pattern first instead of the macroeconomic environment surrounding Brooge Energy Limited. By analyzing Brooge Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Brooge Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Brooge Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover1.642.510.980.93
Days Of Inventory On Hand6.14.666.3410.42

Brooge Energy November 26, 2024 Technical Indicators

Most technical analysis of Brooge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Brooge from various momentum indicators to cycle indicators. When you analyze Brooge charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Brooge Energy November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Brooge stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Brooge Stock Analysis

When running Brooge Energy's price analysis, check to measure Brooge Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brooge Energy is operating at the current time. Most of Brooge Energy's value examination focuses on studying past and present price action to predict the probability of Brooge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brooge Energy's price. Additionally, you may evaluate how the addition of Brooge Energy to your portfolios can decrease your overall portfolio volatility.