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Stock analysis The Byke Hospitality Ltd BYKE

More indepth analysis on MunafaSutra.com

Moving Averages for The Byke Hospitality Ltd

  • 5Day Average: 75.44
  • 12Day Average: 71.35
  • 20Day Average: 69.85
  • 50Day Average: 63.2
  • 100Day Average: 51.85
  • 150Day Average: 47.4
  • 200Day Average: 45.22

BYKE Indicators & signals

Indicator MACD (12,26,9)

72.41, 68.3, 3.49
Indicator MACD is in positive zone

Indicator ADX (14)

40.59, 34.3, 14.49
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BYKE The Byke Hospitality Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 78.80 73.50 to 80.25 5.35% 2.63 times
02 Thu May 2024 74.80 73.00 to 75.50 1.01% 0.66 times
30 Tue Apr 2024 74.05 73.50 to 77.00 -1.73% 1.17 times
29 Mon Apr 2024 75.35 74.15 to 78.05 1.55% 1.7 times
26 Fri Apr 2024 74.20 70.20 to 76.10 1.02% 1.22 times
25 Thu Apr 2024 73.45 72.00 to 77.40 -0.34% 2.15 times
24 Wed Apr 2024 73.70 68.30 to 73.70 10% 1.76 times
23 Tue Apr 2024 67.00 65.10 to 68.35 3.24% 0.42 times
22 Mon Apr 2024 64.90 64.50 to 67.75 -1.96% 0.3 times
19 Fri Apr 2024 66.20 64.05 to 68.40 -0.23% 0.26 times
18 Thu Apr 2024 66.35 65.55 to 68.95 -1.56% 0.37 times
16 Tue Apr 2024 67.40 65.45 to 69.75 1.51% 0.63 times

Technical analysis forecast of The Byke Hospitality Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in The Byke Hospitality Ltd BYKE at this time. Stock is rising and might rise more.

It appears as if The Byke Hospitality Ltd BYKE gave a large move recently.

Stock of The Byke Hospitality Ltd (BYKE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for The Byke Hospitality Ltd is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 79.4, for a target of 74.2 or 69.89

More indepth analysis on MunafaSutra.com