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

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

10 day averaged volume of Bom Burmah is 6273

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 1548.35 1585.40 1585.45 1536.95 0.255 times
29 Mon Apr 2024 1576.65 1587.95 1598.00 1559.00 0.399 times
26 Fri Apr 2024 1568.50 1598.05 1610.00 1557.00 1.086 times
25 Thu Apr 2024 1579.95 1601.75 1608.75 1565.75 0.751 times
24 Wed Apr 2024 1587.90 1581.30 1601.95 1559.05 0.748 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 1544.5 as stoploss in an intra day buy trade for a target of 1584.16. However, stock will show a bearish move below 1544.5.

Share price targets for Bom Burmah (BomBurmah)

Target Type Value
Downside Target 1265.35
Downside Target 1467.95
Upside Target 1598.00
Upside Target 1633.20
Upside Target 1638.35
Upside Target 1664.15
Upside Target 1664.20
Upside Target 1740.00
Upside Target 1810.00
Upside Target 1838.00

Intraday share price targets for Bom Burmah (BomBurmah)

Target Type Value
Downside Intraday Target 1524.2
Downside Intraday Target 1500.05
Upside Intraday Target 1585.25
Upside Intraday Target 1622.15
Upside Intraday Target 1561.1

Weekly technical analysis of Bom Burmah (BomBurmah)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 1548.35 1587.95 1598.00 1536.95 0.08 times
26 Fri Apr 2024 1568.50 1522.45 1638.35 1522.00 5.704 times
19 Fri Apr 2024 1498.35 1589.35 1589.35 1486.75 0.6 times
12 Fri Apr 2024 1589.40 1629.65 1664.20 1563.95 1.12 times
05 Fri Apr 2024 1623.85 1580.00 1664.15 1577.00 1.675 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 Bom Burmah (BomBurmah)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 1548.35 1580.00 1664.20 1486.75 0.964 times
28 Thu Mar 2024 1566.45 1750.00 1810.00 1500.10 0.402 times
29 Thu Feb 2024 1737.20 1748.85 1838.00 1633.20 0.466 times
31 Wed Jan 2024 1736.25 1567.80 1740.00 1467.95 1.471 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 Bom Burmah (BomBurmah)

Indicator Name Indicator Value Indicator Signal
ADX 20, 20, 0 Buy
MACD -30, -32Buy
Stochastics 51None
CCI -10Sell
RSI 58Buy
OBV 25993Sell
VWAP 1567Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Bom Burmah ( (BomBurmah) ) 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 Bom Burmah ( (BomBurmah) ) 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 Bom Burmah ( (BomBurmah) ) 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 Bom Burmah ( (BomBurmah) ) 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 Bom Burmah stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Bom 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 tired and bears are picking up momentum.

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 Bom Burmah 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 Bom 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 1566.52 and Bom Burmah (BomBurmah) 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 Bom Burmah (BomBurmah) stock. Volume based technical analysis of Bom Burmah (BomBurmah) stock is negative.

Bom Burmah Stock has given negative 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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