(BimetalBear) Bimetal Bear complete technical analysis [charts+indicators] | Buy/Sell Bimetal Bear | (BimetalBear) share price targets
Complete technical analysis of Bimetal Bear (BimetalBear) by charts plus indicators, forecast predictions and share price targets for Bimetal Bear (BimetalBear)
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Bimetal Bear is 2610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 605.50 | 610.00 | 625.00 | 604.00 | 0.909 times |
| 30 Thu May 2024 | 627.90 | 669.95 | 669.95 | 625.00 | 0.505 times |
| 29 Wed May 2024 | 631.95 | 630.00 | 639.90 | 627.00 | 0.057 times |
| 28 Tue May 2024 | 623.75 | 649.95 | 649.95 | 623.05 | 0.41 times |
| 27 Mon May 2024 | 631.20 | 687.95 | 687.95 | 619.50 | 2.81 times |
| 24 Fri May 2024 | 676.65 | 664.95 | 687.95 | 650.00 | 0.48 times |
| 23 Thu May 2024 | 661.30 | 670.00 | 670.00 | 650.00 | 1.055 times |
| 22 Wed May 2024 | 671.95 | 685.00 | 685.00 | 646.20 | 0.434 times |
| 21 Tue May 2024 | 676.85 | 706.50 | 706.50 | 665.00 | 1.083 times |
| 18 Sat May 2024 | 695.90 | 705.35 | 706.95 | 691.15 | 0.167 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 602, for a target of 630.3 or 653.93
Share price targets for Bimetal Bear (BimetalBear)
| Target Type | Value |
| Downside Target | 549.60 |
| Downside Target | 569.00 |
| Downside Target | 595.00 |
| Upside Target | 620.00 |
| Upside Target | 646.20 |
| Upside Target | 680.00 |
| Upside Target | 687.95 |
| Upside Target | 689.00 |
| Upside Target | 699.95 |
| Upside Target | 706.50 |
| Upside Target | 706.95 |
Intraday share price targets for Bimetal Bear (BimetalBear)
| Target Type | Value |
| Downside Intraday Target | 577.02 |
| Downside Intraday Target | 548.53 |
| Upside Intraday Target | 660.97 |
| Upside Intraday Target | 716.43 |
| Upside Intraday Target | 632.48 |
Weekly technical analysis of Bimetal Bear (BimetalBear)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 605.50 | 687.95 | 687.95 | 604.00 | 1.537 times |
| 24 Fri May 2024 | 676.65 | 706.50 | 706.50 | 646.20 | 0.553 times |
| 18 Sat May 2024 | 695.90 | 667.95 | 706.95 | 620.00 | 1.722 times |
| 10 Fri May 2024 | 646.40 | 674.85 | 680.00 | 631.00 | 0.789 times |
| 03 Fri May 2024 | 654.85 | 640.00 | 689.00 | 621.05 | 1.486 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bimetal Bear (BimetalBear)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 605.50 | 654.90 | 706.95 | 604.00 | 1.407 times |
| 30 Tue Apr 2024 | 648.55 | 569.00 | 699.95 | 569.00 | 1.522 times |
| 28 Thu Mar 2024 | 566.10 | 582.90 | 595.00 | 550.85 | 0.915 times |
| 29 Thu Feb 2024 | 578.40 | 602.00 | 607.50 | 549.60 | 0.945 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 Bimetal Bear (BimetalBear)
Price action analysis of Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear ( (BimetalBear) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bimetal Bear ( (BimetalBear) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bimetal Bear stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bimetal Bear in short term but the sell signal is initial and weak.
Bimetal Bear 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bimetal Bear in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Bimetal Bear is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 644.28 and Bimetal Bear (BimetalBear) 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 Bimetal Bear (BimetalBear) stock. Volume based technical analysis of Bimetal Bear (BimetalBear) stock is negative.
Bimetal Bear 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.
Price action analysis of Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear ( (BimetalBear) ) 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 Bimetal Bear ( (BimetalBear) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bimetal Bear ( (BimetalBear) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bimetal Bear stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bimetal Bear in short term but the sell signal is initial and weak.
Bimetal Bear 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bimetal Bear in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Bimetal Bear is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 644.28 and Bimetal Bear (BimetalBear) 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 Bimetal Bear (BimetalBear) stock. Volume based technical analysis of Bimetal Bear (BimetalBear) stock is negative.
Bimetal Bear 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.
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