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(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 2023-03-28 View latest technical analysis

10 day averaged volume of Bom Burmah is 2303

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Mar 2023	783.05	810.45	813.95	780.65	4.933 times
27 Mon Mar 2023	812.50	812.15	830.00	807.00	2.023 times
24 Fri Mar 2023	831.50	838.60	842.40	828.95	0.647 times
23 Thu Mar 2023	833.15	842.40	843.55	828.95	0.927 times
22 Wed Mar 2023	841.75	846.65	851.45	839.20	0.283 times
21 Tue Mar 2023	842.90	854.00	858.55	841.00	1.349 times
20 Mon Mar 2023	850.85	862.75	862.75	845.50	0.337 times
17 Fri Mar 2023	858.25	867.75	870.05	854.00	1.646 times
16 Thu Mar 2023	865.60	860.85	866.20	854.55	1.237 times
15 Wed Mar 2023	862.95	851.45	876.55	851.45	0.962 times

Stock of Bom Burmah (BomBurmah) has showed a significant fall. This could be a good time to exit from this stock.

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 799.2, for a target of 831.9 or 859.16

Share price targets for Bom Burmah (BomBurmah)

Target Type	Value
Downside Target	780.65
Upside Target	828.95
Upside Target	847.50
Upside Target	881.00
Upside Target	893.00
Upside Target	905.15
Upside Target	959.95
Upside Target	974.65
Upside Target	984.60
Upside Target	1047.50

Intraday share price targets for Bom Burmah (BomBurmah)

Target Type	Value
Downside Intraday Target	765.8
Downside Intraday Target	748.55
Upside Intraday Target	815.15
Upside Intraday Target	847.25
Upside Intraday Target	797.9

Weekly technical analysis of Bom Burmah (BomBurmah)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Mar 2023	783.05	812.15	830.00	780.65	1.963 times
24 Fri Mar 2023	831.50	862.75	862.75	828.95	0.676 times
17 Fri Mar 2023	858.25	868.00	879.50	851.45	1.559 times
10 Fri Mar 2023	874.75	881.75	893.00	867.50	0.309 times
03 Fri Mar 2023	883.90	871.05	905.15	853.70	1.44 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 Bom Burmah (BomBurmah)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue Mar 2023	783.05	905.00	905.15	780.65	0.316 times
28 Tue Feb 2023	885.70	888.60	959.95	847.50	0.093 times
31 Tue Jan 2023	882.75	918.20	974.65	872.25	17.898 times
30 Fri Dec 2022	907.90	974.95	1047.50	881.00	0.999 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 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 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 822.12 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.