Homepage Active Options Active Stocks

Stock analysis Bang Overseas Limited BANG

More indepth analysis on MunafaSutra.com

Moving Averages for Bang Overseas Limited

  • 5Day Average: 49.85
  • 12Day Average: 49.43
  • 20Day Average: 49.85
  • 50Day Average: 50.76
  • 100Day Average: 49.44
  • 150Day Average: 46.41
  • 200Day Average: 44.48

BANG Indicators & signals

Indicator MACD (12,26,9)

49.8, 50.58, -0.68
Indicator MACD is in negative zone

Indicator ADX (14)

1.39, 25.26, 24.57
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BANG Bang Overseas Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
27 Mon May 2024 48.15 47.25 to 49.95 -2.23% 1.7 times
24 Fri May 2024 49.25 48.80 to 51.30 -2.09% 2.07 times
23 Thu May 2024 50.30 49.00 to 52.00 -1.28% 0.96 times
22 Wed May 2024 50.95 50.50 to 51.95 0.69% 0.91 times
21 Tue May 2024 50.60 48.30 to 51.50 3.16% 2.2 times
18 Sat May 2024 49.05 49.00 to 49.85 -1.51% 0.11 times
17 Fri May 2024 49.80 48.30 to 53.30 -1.97% 1.39 times
16 Thu May 2024 50.80 48.10 to 50.80 4.96% 1.98 times
15 Wed May 2024 48.40 48.00 to 48.95 -0.82% 0.16 times
14 Tue May 2024 48.80 48.30 to 49.45 -0.41% 0.04 times
13 Mon May 2024 49.00 47.25 to 49.40 1.98% 0.17 times
10 Fri May 2024 48.05 48.05 to 49.15 -1.23% 0.04 times

Technical analysis forecast for Bang Overseas Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bang Overseas Limited BANG at this time. Stock is falling and might fall more.

It appears as if Bang Overseas Limited BANG gave a large move recently.

Stock of Bang Overseas Limited (BANG) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Bang Overseas Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bang Overseas Limited stays below 48.8, but if it comes above 48.8, then a intra day buy could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 47 as target. However if you take a buy trade in Bang Overseas Limited, then use 48.8 as stoploss and 50.34 as target.

More indepth analysis on MunafaSutra.com