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$EWC (Energy World Corporation Ltd) Price Analysis
Buy, Hold or Sell?

Let's analyze Energy World Corporation Ltd together

Penke

I guess you are interested in Energy World Corporation Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“ˆ Technical Analysis (TA) – Energy World Corporation Ltd’s Price Targets

I'm going to help you getting a better view of Energy World Corporation Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of Energy World Corporation Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Energy World Corporation Ltd. The general trend of Energy World Corporation Ltd is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Energy World Corporation Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Energy World Corporation Ltd Price Targets

1.1 sr

Score

Let's take a look at the sr of Energy World Corporation Ltd.

  • The price is trading arround resistance levels. This can be considered as a potential exit level.
Energy World Corporation Ltd Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Energy World Corporation Ltd.

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is lagging behind the MEDIUM, indicating weaker trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is trading under pressure relative to the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Energy World Corporation Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Energy World Corporation Ltd.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for Energy World Corporation Ltd.
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
Energy World Corporation Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEnergy World Corporation Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Energy World Corporation Ltd.

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias leans bearish while trend strength is beginning to build, often seen during early stages of downside development.
Energy World Corporation Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Energy World Corporation Ltd.

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
Energy World Corporation Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Energy World Corporation Ltd. The current phase is Continuation in bear market.

  • Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Momentum is improving as buying interest gradually strengthens.
Energy World Corporation Ltd Daily Relative Strength Index (RSI) ChartEnergy World Corporation Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Energy World Corporation Ltd. The current phase is Oversold in bear market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Selling pressure appears exhausted, often seen near potential stabilization or rebound phases.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for Energy World Corporation Ltd.
  • Momentum is improving as buying interest strengthens and short-term sentiment turns more positive.
Energy World Corporation Ltd Daily Stochastic Oscillator ChartEnergy World Corporation Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Energy World Corporation Ltd.

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
Energy World Corporation Ltd Daily Commodity Channel Index (CCI) ChartEnergy World Corporation Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Energy World Corporation Ltd.

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
Energy World Corporation Ltd Daily Chande Momentum Oscillator (CMO) ChartEnergy World Corporation Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Energy World Corporation Ltd.

  • Downward momentum appears stretched, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
Energy World Corporation Ltd Daily Williams %R ChartEnergy World Corporation Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Energy World Corporation Ltd.

Energy World Corporation Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Energy World Corporation Ltd.

Energy World Corporation Ltd Daily Average True Range (ATR) ChartEnergy World Corporation Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Energy World Corporation Ltd.

Energy World Corporation Ltd Daily On-Balance Volume (OBV) ChartEnergy World Corporation Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Energy World Corporation Ltd.

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
Energy World Corporation Ltd Daily Money Flow Index (MFI) ChartEnergy World Corporation Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Energy World Corporation Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Energy World Corporation Ltd Daily Candlestick Chart
DateCandlestick Pattern
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