SWANENERGY - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.5

Here’s a detailed technical analysis of Swan Energy Ltd. (SWANENERGY)

📊 Trend Overview

Current Trend: Consolidating with bullish undertones

Price is above 50-DMA (₹463) but below 200-DMA (₹496) — mixed signals.

RSI (53.1) — neutral to mildly bullish.

MACD (11.9) — strongly positive, indicating upward momentum.

Volume: Below 1-week average — suggests lack of conviction in recent moves.

📈 Chart Patterns & Indicators

Moving Averages

Price > 50-DMA but < 200-DMA → short-term strength, long-term resistance.

Bollinger Bands

Price near mid-band — no breakout or squeeze pattern.

Support Levels

₹463 (50-DMA)

₹440 – ₹455 (recent base zone)

₹362 (52-week low)

Resistance Levels

₹496 (200-DMA)

₹520 – ₹540 (swing highs)

₹600+ (psychological resistance)

🔍 Momentum Signals

Short-Term Bias: Bullish with caution

MACD is strong, but RSI is neutral — momentum is building but not explosive.

Volume dip suggests wait for breakout confirmation.

Volume Trend: Weak — no signs of accumulation yet.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹463 – ₹482 Near support, MACD strength

Exit Target ₹496 – ₹540 Resistance at 200-DMA and swing highs

Stop Loss ₹455 Below recent support zone

🧠 Summary

SWANENERGY is currently consolidating with bullish momentum, supported by a strong MACD and price action above the 50-DMA. However, weak volume and a sharp quarterly profit drop (-163%) suggest caution. A breakout above ₹496 with volume confirmation could trigger a rally toward ₹540+. Traders should monitor for sustained buying interest before committing heavily.

Want to compare this setup with other mid-cap energy plays or explore sector sentiment shifts? I’ve got plenty of insights to help you stay ahead.

Edit in a page