Is Brooge Energy Ltd. technically bullish or bearish?

Sep 20 2025 08:06 PM IST
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As of September 8, 2025, Brooge Energy Ltd. has shifted to a bullish trend with strong technical indicators, outperforming the S&P 500 significantly over the past year with a return of 257.05% compared to 17.14%.
As of 8 September 2025, the technical trend for Brooge Energy Ltd. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators: the MACD is bullish on a weekly basis, Bollinger Bands are bullish for both weekly and monthly periods, and moving averages are bullish daily. The KST is also bullish on both weekly and monthly time frames. While the RSI shows no signal, the OBV indicates a mildly bullish trend.

In terms of performance, Brooge Energy has significantly outperformed the S&P 500 over the past year with a return of 257.05% compared to the S&P 500's 17.14%, and it has also shown strong returns year-to-date at 250.32% versus 12.22% for the benchmark.
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