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(BBTC) Bombay Burmah complete technical analysis [charts+indicators] | Buy/Sell Bombay Burmah | (BBTC) share price targets

Complete technical analysis of Bombay Burmah (BBTC) by charts plus indicators, forecast predictions and share price targets for Bombay Burmah (BBTC)

10 day averaged volume of Bombay Burmah is 66065

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1547.00 1563.00 1567.55 1540.40 0.572 times
16 Thu May 2024 1549.55 1564.40 1567.85 1534.70 0.393 times
15 Wed May 2024 1551.90 1555.00 1602.00 1540.20 2.128 times
14 Tue May 2024 1539.15 1553.75 1566.55 1530.05 0.761 times
13 Mon May 2024 1553.70 1508.00 1563.70 1477.40 1.069 times

My analysis of stock is bearish for shortterm, and stock might move down till 1528.2 or till 1499. Use a stoploss of 1552.61 and if the stock hits stoploss, then it can shoot up till 1577

Share price targets for Bombay Burmah (BBTC)

Target Type Value
Downside Target 1463.15
Upside Target 1588.95
Upside Target 1599.95
Upside Target 1602.00
Upside Target 1633.00
Upside Target 1640.35
Upside Target 1669.00
Upside Target 1739.70
Upside Target 1814.00
Upside Target 1839.95

Intraday share price targets for Bombay Burmah (BBTC)

Target Type Value
Downside Intraday Target 1482.27
Downside Intraday Target 1417.53
Upside Intraday Target 1606.87
Upside Intraday Target 1666.73
Downside Intraday Target 1542.13

Weekly technical analysis of Bombay Burmah (BBTC)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1547.00 1508.00 1602.00 1477.40 0.97 times
10 Fri May 2024 1505.65 1545.00 1599.95 1493.85 2.546 times
03 Fri May 2024 1538.55 1575.95 1599.95 1530.00 0.161 times
26 Fri Apr 2024 1569.10 1524.00 1640.35 1523.65 7.195 times
19 Fri Apr 2024 1497.65 1568.00 1588.95 1490.05 0.551 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 Bombay Burmah (BBTC)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1547.00 1563.95 1602.00 1477.40 0.521 times
30 Tue Apr 2024 1558.95 1574.90 1669.00 1490.05 1.29 times
28 Thu Mar 2024 1567.75 1748.00 1814.00 1522.00 0.319 times
29 Thu Feb 2024 1736.95 1741.70 1839.95 1633.00 0.52 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 Bombay Burmah (BBTC)

Indicator Name Indicator Value Indicator Signal
ADX 22, 11, 33 Buy
MACD -27, -30Buy
Stochastics 58None
CCI 35Buy
RSI 59Buy
OBV 735079Sell
VWAP 1551Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Bombay Burmah ( (BBTC) ) 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 Bombay Burmah ( (BBTC) ) 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 Bombay Burmah ( (BBTC) ) 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 Bombay Burmah ( (BBTC) ) 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 Bombay Burmah stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bombay Burmah 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.

Bombay Burmah 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. 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 coming down

CCI has generated a buy signal for Bombay Burmah in short term and BUY 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 Bombay Burmah is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1550.99 and Bombay Burmah (BBTC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Bombay Burmah (BBTC) stock. Volume based technical analysis of Bombay Burmah (BBTC) stock is negative.

Bombay Burmah Stock is giving positive 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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