Login or Join
Learn then Earn

(BalurghatTe) Balurghat Te complete technical analysis [charts+indicators] | Buy/Sell Balurghat Te | (BalurghatTe) share price targets

Complete technical analysis of Balurghat Te (BalurghatTe) by charts plus indicators, forecast predictions and share price targets for Balurghat Te (BalurghatTe)

10 day averaged volume of Balurghat Te is 14644

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 31.37 29.85 32.45 29.85 0.238 times
16 Thu May 2024 31.40 32.50 34.00 30.52 1.359 times
15 Wed May 2024 32.50 31.85 32.90 30.40 0.466 times
14 Tue May 2024 31.58 31.43 32.45 30.42 0.236 times
13 Mon May 2024 31.42 32.98 32.98 30.67 0.596 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.5, but if it comes above 31.5, then a intra day buy could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 29.1 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 33.53 as target.

Share price targets for Balurghat Te (BalurghatTe)

Target Type Value
Downside Target 17.82
Downside Target 20.00
Downside Target 21.10
Downside Target 27.25
Downside Target 29.65
Upside Target 32.20
Upside Target 34.00
Upside Target 35.50
Upside Target 36.00
Upside Target 37.00
Upside Target 38.74
Upside Target 38.99

Intraday share price targets for Balurghat Te (BalurghatTe)

Target Type Value
Downside Intraday Target 29.48
Downside Intraday Target 27.59
Upside Intraday Target 33.63
Upside Intraday Target 35.89
Upside Intraday Target 31.74

Weekly technical analysis of Balurghat Te (BalurghatTe)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 31.37 32.98 34.00 29.85 0.407 times
10 Fri May 2024 32.19 35.99 37.00 30.10 0.748 times
03 Fri May 2024 35.26 37.20 38.74 32.20 0.511 times
26 Fri Apr 2024 35.63 33.09 38.99 30.21 1.213 times
19 Fri Apr 2024 31.83 31.97 35.50 29.65 0.343 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 Balurghat Te (BalurghatTe)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 31.37 32.20 38.74 29.85 0.203 times
30 Tue Apr 2024 33.28 21.10 38.99 21.10 3.063 times
28 Thu Mar 2024 21.76 32.00 36.00 20.00 0.35 times
29 Thu Feb 2024 30.72 25.85 35.50 21.20 1.466 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 Balurghat Te (BalurghatTe)

Indicator Name Indicator Value Indicator Signal
ADX 15, 14, 4 Buy
MACD 2, 2Sell
Stochastics 22Sell
CCI -81Sell
RSI 59Buy
OBV 52945Sell
VWAP 32Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Balurghat Te ( (BalurghatTe) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Balurghat Te ( (BalurghatTe) ) 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 Balurghat Te ( (BalurghatTe) ) 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 Balurghat Te ( (BalurghatTe) ) based on a mid to longer 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.

ADX buy sell signal for Balurghat Te stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Balurghat Te Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Balurghat Te in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Balurghat Te is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.4 and Balurghat Te (BalurghatTe) 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 Balurghat Te (BalurghatTe) stock. Volume based technical analysis of Balurghat Te (BalurghatTe) stock is negative.

Balurghat Te 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.

Click here for Balurghat Te charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme