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(BimetalBear) Bimetal Bear complete technical analysis [charts+indicators] | Buy/Sell Bimetal Bear | (BimetalBear) share price targets

Complete technical analysis of Bimetal Bear (BimetalBear) by charts plus indicators, forecast predictions and share price targets for Bimetal Bear (BimetalBear)

10 day averaged volume of Bimetal Bear is 2148

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 663.95 659.95 663.95 640.50 0.255 times
07 Tue May 2024 662.15 666.05 666.05 650.00 0.91 times
06 Mon May 2024 662.00 674.85 680.00 655.00 1.749 times
03 Fri May 2024 654.85 677.00 677.00 652.00 0.636 times
02 Thu May 2024 675.45 654.90 689.00 643.05 3.209 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 659.1, but if it comes below 659.1, then a intra day sell could be more profitable.
If you take a sell trade below 659.1, then use 659.1 as stoploss and 642.64 as target. However if you take a buy trade in stock , then use 659.1 as stoploss and 678.8 as target.

Share price targets for Bimetal Bear (BimetalBear)

Target Type Value
Downside Target 549.60
Downside Target 569.00
Downside Target 595.00
Downside Target 621.05
Downside Target 640.50
Downside Target 645.50
Downside Target 660.00
Upside Target 680.00
Upside Target 689.00
Upside Target 699.95

Intraday share price targets for Bimetal Bear (BimetalBear)

Target Type Value
Downside Intraday Target 642.97
Downside Intraday Target 621.98
Upside Intraday Target 682.47
Upside Intraday Target 700.98
Downside Intraday Target 661.48

Weekly technical analysis of Bimetal Bear (BimetalBear)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 663.95 674.85 680.00 640.50 0.59 times
03 Fri May 2024 654.85 640.00 689.00 621.05 1.486 times
26 Fri Apr 2024 638.55 648.00 660.00 629.95 0.657 times
19 Fri Apr 2024 640.65 613.50 699.95 595.00 5.131 times
12 Fri Apr 2024 613.60 645.50 645.50 603.00 0.152 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 Bimetal Bear (BimetalBear)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 663.95 654.90 689.00 640.50 0.399 times
30 Tue Apr 2024 648.55 569.00 699.95 569.00 1.522 times
28 Thu Mar 2024 566.10 582.90 595.00 550.85 0.915 times
29 Thu Feb 2024 578.40 602.00 607.50 549.60 0.945 times

Price has moved up 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 Bimetal Bear (BimetalBear)

Indicator Name Indicator Value Indicator Signal
ADX 21, 13, 24 Buy
MACD 30, 29Buy
Stochastics 61None
CCI 27Sell
RSI 45Sell
OBV 23753Sell
VWAP 660Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear ( (BimetalBear) ) based on a short to mid 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 Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bimetal Bear in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bimetal Bear 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 SELL signal for Bimetal Bear in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bimetal Bear is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 660.13 and Bimetal Bear (BimetalBear) 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 Bimetal Bear (BimetalBear) stock. Volume based technical analysis of Bimetal Bear (BimetalBear) stock is negative.

Bimetal Bear 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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