Stock Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Bengal Energy Ltd (TSE:BNG)
Sidelines Mode (+55) - BNG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BNG?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BNG
The long-term trend has been UP since Jan 19th, 2021 at 0.040
The intermediate-term trend has been UP since Oct 5th, 2021 at 0.090
The short-term trend has been DOWN since Oct 15th, 2021 at 0.105
Smart Scan Analysis for BNG
Based on our trend formula, BNG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.18||Year High Date||2018-04-23|
|Year Low||0.085||Year Low Date||2018-01-02|
|52wk High||0.18||52wk High Date||2018-04-23|
|52wk Low||0.075||52wk Low Date||2017-12-21|
|Year End Close||0.56||Average Volume||54,539|