(BODALCHEM) Bodal Chemicals complete technical analysis [charts+indicators] | Buy/Sell Bodal Chemicals | (BODALCHEM) share price targets
Complete technical analysis of Bodal Chemicals (BODALCHEM) by charts plus indicators, forecast predictions and share price targets for Bodal Chemicals (BODALCHEM)
10 day averaged volume of Bodal Chemicals is 281989
Date | Daily Closing Price | Open | High | Low | Volume |
23 Thu May 2024 | 73.15 | 73.10 | 73.70 | 72.90 | 0.602 times |
22 Wed May 2024 | 72.85 | 73.50 | 73.90 | 72.15 | 1.18 times |
21 Tue May 2024 | 73.30 | 74.05 | 74.40 | 73.10 | 0.872 times |
20 Mon May 2024 | 73.75 | 74.50 | 74.95 | 72.30 | 0.419 times |
17 Fri May 2024 | 74.10 | 73.55 | 75.15 | 72.95 | 1.23 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 72.5 as stoploss in an intra day buy trade for a target of 74.99. However, stock will show a bearish move below 72.5.
Share price targets for Bodal Chemicals (BODALCHEM)
Target Type | Value |
Downside Target | 70.50 |
Upside Target | 77.90 |
Upside Target | 78.05 |
Upside Target | 78.35 |
Upside Target | 79.55 |
Upside Target | 80.50 |
Upside Target | 82.35 |
Upside Target | 87.20 |
Upside Target | 89.40 |
Upside Target | 91.20 |
Upside Target | 100.95 |
Intraday share price targets for Bodal Chemicals (BODALCHEM)
Target Type | Value |
Downside Intraday Target | 71.88 |
Downside Intraday Target | 70.62 |
Upside Intraday Target | 74.68 |
Upside Intraday Target | 76.22 |
Upside Intraday Target | 73.42 |
Weekly technical analysis of Bodal Chemicals (BODALCHEM)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Thu May 2024 | 73.15 | 74.50 | 74.95 | 72.15 | 0.532 times |
17 Fri May 2024 | 74.10 | 72.85 | 75.15 | 70.50 | 0.796 times |
10 Fri May 2024 | 72.60 | 77.65 | 77.90 | 70.95 | 0.569 times |
03 Fri May 2024 | 77.10 | 79.90 | 80.50 | 76.30 | 0.921 times |
26 Fri Apr 2024 | 79.40 | 79.20 | 82.35 | 78.35 | 1.414 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 Bodal Chemicals (BODALCHEM)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Thu May 2024 | 73.15 | 78.20 | 79.55 | 70.50 | 0.306 times |
30 Tue Apr 2024 | 77.80 | 74.90 | 87.20 | 74.70 | 0.38 times |
28 Thu Mar 2024 | 73.45 | 84.70 | 100.95 | 72.60 | 1.808 times |
29 Thu Feb 2024 | 84.40 | 87.80 | 91.20 | 74.00 | 1.307 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 Bodal Chemicals (BODALCHEM)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 12, 25, 36 | Sell |
MACD | -3, -3 | Buy |
Stochastics | 54 | None |
CCI | 12 | Buy |
RSI | 53 | Buy |
OBV | -4792320 | Sell |
VWAP | 73 | Buy |
ADL | 0 | Sell |
ROC | 2 | Buy |
Force Index | 0 | Sell |
Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals ( (BODALCHEM) ) 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 Bodal Chemicals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bodal Chemicals 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.
Bodal Chemicals 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 moving up
CCI has generated a buy signal for Bodal Chemicals in short term and BUY 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 Bodal Chemicals is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.11 and Bodal Chemicals (BODALCHEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Bodal Chemicals (BODALCHEM) stock. Volume based technical analysis of Bodal Chemicals (BODALCHEM) stock is negative.
Bodal Chemicals 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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