Login or Join
 Learn then Earn

(BCLIND) Bcl Industries complete technical analysis [charts+indicators] | Buy/Sell Bcl Industries | (BCLIND) share price targets

Complete technical analysis of Bcl Industries (BCLIND) by charts plus indicators, forecast predictions and share price targets for Bcl Industries (BCLIND)

10 day averaged volume of Bcl Industries is 1873560

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 54.80 58.00 59.60 54.20 1.69 times
21 Tue May 2024 57.70 55.40 58.25 55.30 1.088 times
20 Mon May 2024 55.25 55.65 56.35 54.90 0.231 times
17 Fri May 2024 55.30 54.90 55.75 54.90 0.418 times
16 Thu May 2024 54.85 56.00 56.35 54.70 0.631 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.3, but if it comes above 55.3, then a intra day buy could be more profitable.
If you take a sell trade below 55.3, then use 55.3 as stoploss and 53.2 as target. However if you take a buy trade in stock , then use 55.3 as stoploss and 56.97 as target.

Share price targets for Bcl Industries (BCLIND)

Target Type Value
Downside Target 51.00
Downside Target 54.20
Upside Target 56.05
Upside Target 57.30
Upside Target 59.60
Upside Target 60.85
Upside Target 61.40
Upside Target 64.70
Upside Target 65.20
Upside Target 68.55
Upside Target 77.55
Upside Target 78.00
Upside Target 86.30

Intraday share price targets for Bcl Industries (BCLIND)

Target Type Value
Downside Intraday Target 52.8
Downside Intraday Target 50.8
Upside Intraday Target 58.2
Upside Intraday Target 61.6
Upside Intraday Target 56.2

Weekly technical analysis of Bcl Industries (BCLIND)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 54.80 55.65 59.60 54.20 1.211 times
17 Fri May 2024 55.30 57.50 57.70 54.70 0.442 times
10 Fri May 2024 57.65 57.30 61.40 54.95 1.658 times
03 Fri May 2024 56.60 59.20 60.85 56.15 1.417 times
26 Fri Apr 2024 58.85 57.30 60.90 57.30 1.441 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 Bcl Industries (BCLIND)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 54.80 58.80 61.40 54.20 0.978 times
30 Tue Apr 2024 58.90 56.95 65.20 56.05 0.603 times
28 Thu Mar 2024 56.20 76.55 77.55 51.00 0.569 times
29 Thu Feb 2024 76.20 73.45 86.30 68.55 1.526 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 Bcl Industries (BCLIND)

Indicator Name Indicator Value Indicator Signal
ADX 26, 14, 30 Buy
MACD -3, -3Buy
Stochastics 20Sell
CCI -24Sell
RSI 61Buy
OBV -4021973Sell
VWAP 57Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Bcl Industries ( (BCLIND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bcl Industries ( (BCLIND) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bcl Industries ( (BCLIND) ) based on a short to mid term time period is

Price action analysis of Bcl Industries ( (BCLIND) ) 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 Bcl Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Bcl Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Bcl Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Bcl Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.77 and Bcl Industries (BCLIND) 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 Bcl Industries (BCLIND) stock. Volume based technical analysis of Bcl Industries (BCLIND) stock is negative.

Bcl Industries 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.

Click here for Bcl Industries charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme