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(BANARISUG) Bannari Amman complete technical analysis [charts+indicators] | Buy/Sell Bannari Amman | (BANARISUG) share price targets

Complete technical analysis of Bannari Amman (BANARISUG) by charts plus indicators, forecast predictions and share price targets for Bannari Amman (BANARISUG)

10 day averaged volume of Bannari Amman is 536

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 2465.90 2484.55 2504.40 2399.00 3.17 times
21 Tue May 2024 2490.05 2547.00 2547.00 2480.55 0.991 times
20 Mon May 2024 2524.55 2530.30 2551.00 2462.05 0.442 times
17 Fri May 2024 2530.30 2534.15 2544.00 2511.15 0.36 times
16 Thu May 2024 2517.40 2485.25 2568.10 2485.25 0.563 times

Stock of Bannari Amman (BANARISUG) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2492.2, but if it comes above 2492.2, then a intra day buy could be more profitable.
If you take a sell trade below 2492.2, then use 2492.2 as stoploss and 2420.2 as target. However if you take a buy trade in stock , then use 2492.2 as stoploss and 2552.07 as target.

Share price targets for Bannari Amman (BANARISUG)

Target Type Value
Downside Target 2250.00
Downside Target 2303.00
Downside Target 2452.50
Upside Target 2619.95
Upside Target 2648.35
Upside Target 2663.35
Upside Target 2697.00
Upside Target 2711.45
Upside Target 2732.80
Upside Target 2848.85

Intraday share price targets for Bannari Amman (BANARISUG)

Target Type Value
Downside Intraday Target 2392.93
Downside Intraday Target 2319.97
Upside Intraday Target 2544.93
Upside Intraday Target 2623.97
Upside Intraday Target 2471.97

Weekly technical analysis of Bannari Amman (BANARISUG)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 2465.90 2530.30 2551.00 2399.00 1.279 times
17 Fri May 2024 2530.30 2537.00 2568.10 2452.50 0.462 times
10 Fri May 2024 2504.80 2645.00 2648.35 2490.10 0.585 times
03 Fri May 2024 2606.55 2563.45 2732.80 2549.55 1.722 times
26 Fri Apr 2024 2606.15 2589.90 2663.35 2500.70 1.192 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bannari Amman (BANARISUG)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 2465.90 2660.90 2732.80 2399.00 0.51 times
30 Tue Apr 2024 2650.35 2303.00 2711.45 2303.00 0.992 times
28 Thu Mar 2024 2302.70 2642.60 2697.00 2250.00 0.366 times
29 Thu Feb 2024 2626.20 2446.90 2848.85 2345.00 2.124 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bannari Amman (BANARISUG)

Indicator Name Indicator Value Indicator Signal
ADX 8, 29, 55 Sell
MACD -20, -8Sell
Stochastics 44None
CCI -253Sell
RSI 51Buy
OBV -6626Sell
VWAP 2493Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bannari Amman ( (BANARISUG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bannari Amman stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bannari Amman in short term and the sell signal is strong.

Bannari Amman Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bannari Amman in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bannari Amman is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2493.34 and Bannari Amman (BANARISUG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bannari Amman (BANARISUG) stock. Volume based technical analysis of Bannari Amman (BANARISUG) stock is negative.

Bannari Amman Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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