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(BANCOINDIA) Banco Products complete technical analysis [charts+indicators] | Buy/Sell Banco Products | (BANCOINDIA) share price targets

Complete technical analysis of Banco Products (BANCOINDIA) by charts plus indicators, forecast predictions and share price targets for Banco Products (BANCOINDIA)

10 day averaged volume of Banco Products is 50155

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 602.55 600.00 605.00 592.10 1.027 times
20 Mon May 2024 598.40 598.45 601.50 591.30 0.269 times
17 Fri May 2024 594.55 596.35 599.00 590.05 0.57 times
16 Thu May 2024 592.60 592.60 598.60 586.05 0.845 times
15 Wed May 2024 588.70 586.95 596.05 585.00 0.978 times

My analysis of stock is bearish for shortterm, and stock might move down till 587.2 or till 564.9. Use a stoploss of 605.79 and if the stock hits stoploss, then it can shoot up till 624.37

Share price targets for Banco Products (BANCOINDIA)

Target Type Value
Downside Target 512.00
Downside Target 557.00
Downside Target 575.05
Downside Target 591.30
Upside Target 622.80
Upside Target 636.40
Upside Target 642.00
Upside Target 649.70
Upside Target 681.45
Upside Target 729.90
Upside Target 733.95

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type Value
Downside Intraday Target 594.23
Downside Intraday Target 585.92
Upside Intraday Target 607.93
Upside Intraday Target 613.32
Downside Intraday Target 599.62

Weekly technical analysis of Banco Products (BANCOINDIA)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 602.55 598.45 605.00 591.30 0.25 times
17 Fri May 2024 594.55 580.00 599.00 557.00 0.979 times
10 Fri May 2024 578.40 622.80 622.80 576.20 1.394 times
03 Fri May 2024 622.80 642.00 642.00 618.50 0.514 times
26 Fri Apr 2024 628.85 615.65 649.70 612.35 0.959 times

Price has moved up 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 Banco Products (BANCOINDIA)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 602.55 623.85 636.40 557.00 0.474 times
30 Tue Apr 2024 623.85 599.95 649.70 575.05 0.718 times
28 Thu Mar 2024 596.95 670.20 681.45 512.00 0.493 times
29 Thu Feb 2024 663.55 714.90 729.90 620.10 1.056 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 Banco Products (BANCOINDIA)

Indicator Name Indicator Value Indicator Signal
ADX 18, 23, 10 Sell
MACD -12, -13Buy
Stochastics 72Buy
CCI 92Buy
RSI 48Sell
OBV -55359Sell
VWAP 586Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Banco Products ( (BANCOINDIA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Banco Products ( (BANCOINDIA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) 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 Banco Products stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Banco Products in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Banco Products Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Banco Products in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Banco Products is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 586.37 and Banco Products (BANCOINDIA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Banco Products (BANCOINDIA) stock. Volume based technical analysis of Banco Products (BANCOINDIA) stock is negative.

Banco Products 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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