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Stock analysis Bodhi Tree Multimedia Ltd BTML

More indepth analysis on MunafaSutra.com

Moving Averages for Bodhi Tree Multimedia Ltd

  • 5Day Average: 13.52
  • 12Day Average: 15.06
  • 20Day Average: 16.02
  • 50Day Average: 38.49
  • 100Day Average: 115.62
  • 150Day Average: 135.93
  • 200Day Average: 139.93

BTML Indicators & signals

Indicator MACD (12,26,9)

14.97, 21.66, -8.91
Indicator MACD is in negative zone

Indicator ADX (14)

50.34, 14.88, 45.04
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 30
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of BTML Bodhi Tree Multimedia Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
07 Fri Jun 2024 15.85 13.30 to 15.95 19.17% 6.02 times
06 Thu Jun 2024 13.30 12.20 to 13.55 9.47% 0.92 times
05 Wed Jun 2024 12.15 10.30 to 13.00 3.85% 1.26 times
04 Tue Jun 2024 11.70 11.70 to 14.80 -19.86% 1.89 times
03 Mon Jun 2024 14.60 14.25 to 15.95 -4.58% 0.79 times
31 Fri May 2024 15.30 14.90 to 16.05 -2.24% 1.32 times
30 Thu May 2024 15.65 15.50 to 16.10 0.32% 0.85 times
29 Wed May 2024 15.60 15.40 to 16.55 -1.27% 1.06 times
28 Tue May 2024 15.80 15.30 to 16.85 -5.95% 0.77 times
27 Mon May 2024 16.80 16.40 to 17.20 -1.18% 0.42 times
24 Fri May 2024 17.00 16.80 to 17.35 0.29% 0.73 times
23 Thu May 2024 16.95 16.20 to 17.00 3.35% 1.35 times

Technical analysis forecast for Bodhi Tree Multimedia Ltd 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 Bodhi Tree Multimedia Ltd BTML at this time. Stock is falling and might fall more.

It appears as if Bodhi Tree Multimedia Ltd BTML gave a large move recently.

Stock of Bodhi Tree Multimedia Ltd (BTML) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bodhi Tree Multimedia Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15.8 as stoploss in an intra day buy trade for a target of 17.65. However, stock will show a bearish move below 15.8.

More indepth analysis on MunafaSutra.com