BROOGE ENERGY LTD (BROG) Stock Technical Analysis
NASDAQ:BROG - Nasdaq - KYG1611B1077 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BROG. Both in the recent history as in the last year, BROG has proven to be a steady performer, scoring decent points in every aspect analyzed.
BROG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BROG is lagging the market.
In the last month BROG has a been trading in the 1.15 - 4.78 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BROG did better than 97% of all other stocks. We also observe that the gains produced by BROG over the past year are nicely spread over this period.
BROG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. BROG outperforms 98% of them.
Volume is considerably higher in the last couple of days.
Although BROG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.00
1.85
We found 5 important support areas.
- Support @1.32 from a trend line in the weekly time frame.
- Support @1.29 from a trend line in the daily time frame.
- Support @1.24 from a trend line in the daily time frame.
- Support @1.13 from a trend line in the weekly time frame.
- Support @1.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.81 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BROG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BROG is neutral. |
| ChartMill Relative Strength | 97.2 | POSITIVE | BROG has a high relative strength, it outperformed 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BROG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BROG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BROG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.19 | NEUTRAL | The RSI value for BROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BROG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.8 | NEUTRAL | The Stochastics value for BROG is a neutral value. |
| Average True Range in percent/ATR (20) | 22.16 | HIGH VOLATILITY | The high ATR as a percentage value for BROG suggests high volalility. |
| Average Directional Index/ADX (14) | 31.41 | POSITIVE | The high ADX value value for BROG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:BROG (5/30/2025, 1:42:37 PM)
1.63
-0.19 (-10.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-10.44%
1 Week3.41%
2 Weeks36.64%
1 Month47.3%
3 Month54.24%
6 Month37.88%
12 Month97.7%
2 Year-62.86%
3 Year-75.73%
5 Year-83.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%22.16%
ATR Inc734.36%
Range Today0.26
ADR(20)0.28
ADR(20)%17.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
Mansfield3.61
10 Day High4.78
10 Day Low1.26
20 Day High4.78
20 Day Low1.15
52 Week High4.78
52 Week Low0.8
CS1 End1.32
CR1 StartN/A
Volume & EV
DER(3)-0.38%
DER(5)5.21%
Volume510.68K
Volume Incr43228.16%
Vol(5)5.31M
Vol(50)539.63K