(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 1354
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 137.00 | 137.50 | 139.55 | 132.10 | 0.867 times |
| 16 Thu May 2024 | 134.75 | 131.05 | 138.00 | 131.05 | 1.078 times |
| 15 Wed May 2024 | 134.45 | 134.80 | 137.00 | 134.00 | 0.219 times |
| 14 Tue May 2024 | 132.60 | 123.00 | 139.70 | 123.00 | 2.681 times |
| 13 Mon May 2024 | 131.15 | 150.00 | 150.00 | 131.15 | 0.073 times |
My analysis of stock is bearish for shortterm, and stock might move down till 131.8 or till 122.6. Use a stoploss of 139.51 and if the stock hits stoploss, then it can shoot up till 147.21
Share price targets for Bengal Tea (BengalTea)
| Target Type | Value |
| Downside Target | 92.40 |
| Downside Target | 104.30 |
| Downside Target | 116.44 |
| Downside Target | 123.00 |
| Downside Target | 127.00 |
| Downside Target | 134.80 |
| Upside Target | 138.60 |
| Upside Target | 145.00 |
| Upside Target | 150.00 |
| 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 | 123.33 |
| Downside Intraday Target | 109.67 |
| Upside Intraday Target | 150.33 |
| Upside Intraday Target | 163.67 |
| Downside Intraday Target | 136.67 |
Weekly technical analysis of Bengal Tea (BengalTea)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 137.00 | 150.00 | 150.00 | 123.00 | 0.968 times |
| 10 Fri May 2024 | 135.40 | 136.10 | 147.00 | 127.00 | 1.522 times |
| 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 |
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 Bengal Tea (BengalTea)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 137.00 | 147.80 | 150.00 | 123.00 | 0.239 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 | 19, 16, 8 | Buy |
| MACD | 1, 2 | Sell |
| Stochastics | 46 | None |
| CCI | 84 | Buy |
| RSI | 53 | Buy |
| OBV | 2782 | Sell |
| VWAP | 134 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Bengal Tea in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bengal Tea 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. 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 moving up
CCI has generated a buy signal for Bengal Tea 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 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 133.69 and Bengal Tea (BengalTea) 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 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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