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(BengalTea) Bengal Tea complete technical analysis [charts+indicators] | Buy/Sell Bengal Tea | (BengalTea) share price targets

Complete technical analysis of Bengal Tea (BengalTea) by charts plus indicators, forecast predictions and share price targets for Bengal Tea (BengalTea)

10 day averaged volume of Bengal Tea is 1947

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 139.65 149.00 149.00 138.60 0.322 times
02 Thu May 2024 140.75 147.80 147.80 140.00 0.577 times
30 Tue Apr 2024 142.25 153.80 153.80 140.00 0.983 times
29 Mon Apr 2024 144.65 148.25 150.10 142.75 0.441 times
26 Fri Apr 2024 148.25 153.85 153.85 145.35 1.447 times

My analysis of stock is bearish for shortterm, and stock might move down till 135.4 or till 128. Use a stoploss of 141.49 and if the stock hits stoploss, then it can shoot up till 147.62

Share price targets for Bengal Tea (BengalTea)

Target Type Value
Downside Target 92.40
Downside Target 104.30
Downside Target 116.44
Downside Target 123.55
Downside Target 127.30
Downside Target 134.80
Downside Target 138.60
Upside Target 145.00
Upside Target 149.00
Upside Target 151.00
Upside Target 153.80
Upside Target 153.95

Intraday share price targets for Bengal Tea (BengalTea)

Target Type Value
Downside Intraday Target 134.23
Downside Intraday Target 128.82
Upside Intraday Target 149.43
Upside Intraday Target 159.22
Upside Intraday Target 144.02

Weekly technical analysis of Bengal Tea (BengalTea)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 139.65 148.25 153.80 138.60 0.423 times
26 Fri Apr 2024 148.25 151.00 153.95 145.00 0.828 times
19 Fri Apr 2024 150.90 141.80 151.00 135.00 0.837 times
12 Fri Apr 2024 138.20 135.00 140.00 128.60 0.691 times
05 Fri Apr 2024 134.65 123.55 139.60 123.55 6.519 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 Bengal Tea (BengalTea)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 139.65 147.80 149.00 138.60 0.027 times
30 Tue Apr 2024 142.25 123.55 153.95 123.55 1.511 times
28 Thu Mar 2024 130.40 126.10 134.80 118.20 0.427 times
29 Thu Feb 2024 126.00 114.80 127.30 104.30 0.87 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 Bengal Tea (BengalTea)

Indicator Name Indicator Value Indicator Signal
ADX 16, 7, 38 Buy
MACD 8, 10Sell
Stochastics 15Sell
CCI -129Sell
RSI 59Buy
OBV 13909Sell
VWAP 147Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 Bengal Tea stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Bengal Tea Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Bengal Tea 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 Bengal Tea is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 147.37 and Bengal Tea (BengalTea) 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 Bengal Tea (BengalTea) stock. Volume based technical analysis of Bengal Tea (BengalTea) stock is negative.

Bengal Tea 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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