Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BomBurmah) Bom Burmah complete technical analysis [charts+indicators] | Buy/Sell Bom Burmah | (BomBurmah) share price targets

Complete technical analysis of Bom Burmah (BomBurmah) by charts plus indicators, forecast predictions and share price targets for Bom Burmah (BomBurmah)

Showing technical analysis as on 2024-12-02 View latest technical analysis

10 day averaged volume of Bom Burmah is 5743

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	2388.75	2422.60	2422.60	2337.25	0.545 times
29 Fri Nov 2024	2405.35	2487.80	2498.35	2400.55	1.292 times
28 Thu Nov 2024	2487.50	2488.15	2547.95	2481.60	1.959 times
27 Wed Nov 2024	2499.15	2549.30	2549.30	2494.20	0.557 times
26 Tue Nov 2024	2516.20	2542.70	2554.00	2505.00	1.026 times
25 Mon Nov 2024	2523.05	2549.25	2566.00	2506.00	0.57 times
22 Fri Nov 2024	2463.30	2505.45	2507.40	2435.55	0.824 times
21 Thu Nov 2024	2495.65	2560.45	2560.85	2489.00	0.851 times
19 Tue Nov 2024	2562.70	2602.95	2624.00	2556.00	0.557 times
18 Mon Nov 2024	2552.00	2550.75	2625.00	2470.45	1.059 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2469, but if it comes above 2469, then a intra day buy could be more profitable.
If you take a sell trade below 2469, then use 2469 as stoploss and 2321.1 as target. However if you take a buy trade in stock , then use 2469 as stoploss and 2592.19 as target.

Share price targets for Bom Burmah (BomBurmah)

Target Type	Value
Downside Target	2067.20
Downside Target	2337.25
Upside Target	2400.55
Upside Target	2566.00
Upside Target	2610.95
Upside Target	2625.00
Upside Target	2637.85
Upside Target	2846.95
Upside Target	2874.95
Upside Target	2905.65
Upside Target	2972.60

Intraday share price targets for Bom Burmah (BomBurmah)

Target Type	Value
Downside Intraday Target	2343.13
Downside Intraday Target	2297.52
Upside Intraday Target	2428.48
Upside Intraday Target	2468.22
Downside Intraday Target	2382.87

Weekly technical analysis of Bom Burmah (BomBurmah)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	2388.75	2422.60	2422.60	2337.25	0.101 times
29 Fri Nov 2024	2405.35	2549.25	2566.00	2400.55	1.642 times
22 Fri Nov 2024	2463.30	2550.75	2625.00	2435.55	0.404 times
14 Thu Nov 2024	2562.70	2663.50	2846.95	2500.20	1.783 times
08 Fri Nov 2024	2718.85	2775.00	2874.95	2637.85	0.719 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bom Burmah (BomBurmah)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	2388.75	2422.60	2422.60	2337.25	0.025 times
29 Fri Nov 2024	2405.35	2794.95	2874.95	2400.55	0.434 times
31 Thu Oct 2024	2762.45	2863.05	2972.60	2453.40	0.964 times
30 Mon Sep 2024	2864.75	2533.70	2905.65	2449.00	1.032 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bom Burmah (BomBurmah)

Price action analysis of Bom Burmah ( (BomBurmah) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bom Burmah ( (BomBurmah) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bom Burmah ( (BomBurmah) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bom Burmah stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bom Burmah in short term and the sell signal is strong.

Bom Burmah Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bom Burmah in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bom Burmah is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2486.8 and Bom Burmah (BomBurmah) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bom Burmah (BomBurmah) stock. Volume based technical analysis of Bom Burmah (BomBurmah) stock is negative.

Bom Burmah Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.