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Stock analysis Bombay Burmah Trading Corporation Limited BBTC

More indepth analysis on MunafaSutra.com

Moving Averages for Bombay Burmah Trading Corporation Limited

  • 5Day Average: 1576.52
  • 12Day Average: 1564.32
  • 20Day Average: 1583.7
  • 50Day Average: 1642.41
  • 100Day Average: 1589.8
  • 150Day Average: 1505.67
  • 200Day Average: 1399.51

BBTC Indicators & signals

Indicator MACD (12,26,9)

1571.91, 1589.48, -20.75
Indicator MACD is in negative zone

Indicator ADX (14)

5.34, 22.01, 19.78
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BBTC Bombay Burmah Trading Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 1569.10 1556.55 to 1613.15 -0.62% 0.8 times
25 Thu Apr 2024 1578.90 1565.30 to 1609.90 -0.31% 0.43 times
24 Wed Apr 2024 1583.85 1567.75 to 1604.85 0.22% 0.59 times
23 Tue Apr 2024 1580.45 1551.95 to 1591.85 0.65% 0.88 times
22 Mon Apr 2024 1570.30 1523.65 to 1640.35 4.85% 5.94 times
19 Fri Apr 2024 1497.65 1490.05 to 1516.00 -1.3% 0.34 times
18 Thu Apr 2024 1517.45 1506.20 to 1555.00 -1.39% 0.37 times
16 Tue Apr 2024 1538.85 1530.05 to 1568.75 -0.78% 0.24 times
15 Mon Apr 2024 1550.90 1535.00 to 1588.95 -2.74% 0.25 times
12 Fri Apr 2024 1594.55 1575.00 to 1622.00 0.18% 0.7 times
10 Wed Apr 2024 1591.65 1585.85 to 1612.05 -0.41% 0.26 times
09 Tue Apr 2024 1598.20 1556.40 to 1658.60 -2.15% 0.74 times

Technical analysis forecast for Bombay Burmah Trading Corporation 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 Bombay Burmah Trading Corporation Limited BBTC at this time. Stock is falling and might fall more.

It appears as if Bombay Burmah Trading Corporation Limited BBTC gave a large move recently.

Stock of Bombay Burmah Trading Corporation Limited (BBTC) 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 Bombay Burmah Trading Corporation Limited is bearish for shortterm, and stock might move down till 1541.6 or till 1493.5. Use a stoploss of 1581.71 and if the stock hits stoploss, then it can shoot up till 1621.81

More indepth analysis on MunafaSutra.com