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Stock analysis Orissa Bengal Carrier Ltd OBCL

More indepth analysis on MunafaSutra.com

Moving Averages for Orissa Bengal Carrier Ltd

  • 5Day Average: 50.52
  • 12Day Average: 51.13
  • 20Day Average: 50.85
  • 50Day Average: 50.33
  • 100Day Average: 52.56
  • 150Day Average: 54.87
  • 200Day Average: 62.08

OBCL Indicators & signals

Indicator MACD (12,26,9)

50.77, 50.76, 0.14
Indicator MACD is in positive zone

Indicator ADX (14)

2.5, 18.39, 17.49
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 66
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OBCL Orissa Bengal Carrier Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 50.40 50.05 to 52.30 0.6% 0.97 times
20 Wed Sep 2023 50.10 49.10 to 51.00 -0.79% 0.39 times
18 Mon Sep 2023 50.50 50.25 to 51.65 -1.08% 0.4 times
15 Fri Sep 2023 51.05 50.50 to 51.30 0.99% 0.37 times
14 Thu Sep 2023 50.55 50.40 to 52.00 -0.59% 0.47 times
13 Wed Sep 2023 50.85 50.45 to 52.50 1.5% 0.68 times
12 Tue Sep 2023 50.10 49.00 to 54.75 -3.75% 1.26 times
11 Mon Sep 2023 52.05 51.20 to 53.35 -0.67% 0.77 times
08 Fri Sep 2023 52.40 52.00 to 54.05 -1.13% 0.79 times
07 Thu Sep 2023 53.00 52.10 to 53.50 1.73% 1.28 times
06 Wed Sep 2023 52.10 49.50 to 52.90 3.37% 3.59 times
05 Tue Sep 2023 50.40 49.80 to 51.50 -1.18% 1.7 times

Technical analysis forecast for Orissa Bengal Carrier 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 Orissa Bengal Carrier Ltd OBCL at this time. Stock is falling and might fall more.

It appears as if Orissa Bengal Carrier Ltd OBCL gave a large move recently.

Stock of Orissa Bengal Carrier Ltd (OBCL) 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 Orissa Bengal Carrier Ltd is bearish for shortterm, and stock might move down till 49.7 or till 48.4. Use a stoploss of 50.76 and if the stock hits stoploss, then it can shoot up till 51.84

More indepth analysis on MunafaSutra.com