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(BEDMUTHA) Bedmutha Indust complete technical analysis [charts+indicators] | Buy/Sell Bedmutha Indust | (BEDMUTHA) share price targets

Complete technical analysis of Bedmutha Indust (BEDMUTHA) by charts plus indicators, forecast predictions and share price targets for Bedmutha Indust (BEDMUTHA)

10 day averaged volume of Bedmutha Indust is 12110

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 243.90 248.00 250.00 241.80 1.042 times
20 Thu Jun 2024 242.35 243.00 248.80 241.55 1.106 times
19 Wed Jun 2024 245.40 245.00 251.10 242.00 0.503 times
18 Tue Jun 2024 247.95 263.50 263.50 246.00 0.847 times
14 Fri Jun 2024 255.60 260.00 261.45 254.00 1.354 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 239.9 as stoploss in an intra day buy trade for a target of 248.91. However, stock will show a bearish move below 239.9.

Share price targets for Bedmutha Indust (BEDMUTHA)

Target Type Value
Downside Target 68.40
Downside Target 120.80
Downside Target 173.30
Downside Target 191.50
Downside Target 208.90
Downside Target 226.05
Downside Target 230.70
Downside Target 237.25
Upside Target 261.45
Upside Target 268.95
Upside Target 275.00
Upside Target 310.45

Intraday share price targets for Bedmutha Indust (BEDMUTHA)

Target Type Value
Downside Intraday Target 235.8
Downside Intraday Target 227.7
Upside Intraday Target 257.75
Upside Intraday Target 271.6
Upside Intraday Target 249.65

Weekly technical analysis of Bedmutha Indust (BEDMUTHA)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 243.90 263.50 263.50 241.55 0.593 times
14 Fri Jun 2024 255.60 237.25 261.45 237.25 0.605 times
07 Fri Jun 2024 236.95 268.95 268.95 230.70 0.529 times
31 Fri May 2024 257.45 262.95 275.00 241.95 1.121 times
24 Fri May 2024 257.90 231.60 267.05 226.05 2.489 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 Bedmutha Indust (BEDMUTHA)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 243.90 268.95 268.95 230.70 0.409 times
31 Fri May 2024 257.45 203.95 275.00 176.00 4.869 times
30 Tue Apr 2024 201.85 204.70 208.90 191.50 0.051 times
30 Tue Jan 2024 294.50 174.90 310.45 173.30 0.483 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 Bedmutha Indust (BEDMUTHA)

Indicator Name Indicator Value Indicator Signal
ADX 23, 18, 13 Buy
MACD 15, 18Sell
Stochastics 37None
CCI -34Buy
RSI 46Sell
OBV -4577Sell
VWAP 247Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Bedmutha Indust ( (BEDMUTHA) ) 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 Bedmutha Indust ( (BEDMUTHA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bedmutha Indust ( (BEDMUTHA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bedmutha Indust ( (BEDMUTHA) ) based on a mid to longer 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.

ADX buy sell signal for Bedmutha Indust stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bedmutha Indust in short term but the sell signal is initial and weak.

Bedmutha Indust 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 moving up

CCI has generated a buy signal for Bedmutha Indust in short term but BUY signal is weak.

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

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

Stock of Bedmutha Indust is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 246.88 and Bedmutha Indust (BEDMUTHA) 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 Bedmutha Indust (BEDMUTHA) stock. Volume based technical analysis of Bedmutha Indust (BEDMUTHA) stock is negative.

Bedmutha Indust Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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