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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 2024-12-09 View latest technical analysis

10 day averaged volume of Bom Burmah is 5241

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2370.10	2321.05	2488.45	2321.05	4.72 times
06 Fri Dec 2024	2355.70	2340.30	2381.85	2340.05	0.695 times
05 Thu Dec 2024	2344.65	2392.05	2419.20	2335.70	1.455 times
04 Wed Dec 2024	2401.80	2414.00	2439.00	2383.00	0.789 times
03 Tue Dec 2024	2414.00	2388.75	2436.80	2360.00	0.541 times
02 Mon Dec 2024	2388.75	2422.60	2422.60	2337.25	0.597 times
29 Fri Nov 2024	2405.35	2487.80	2498.35	2400.55	1.415 times
28 Thu Nov 2024	2487.50	2488.15	2547.95	2481.60	2.146 times
27 Wed Nov 2024	2499.15	2549.30	2549.30	2494.20	0.611 times
26 Tue Nov 2024	2516.20	2542.70	2554.00	2505.00	1.125 times

Stock of Bom Burmah (BomBurmah) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2389.6, but if it comes above 2389.6, then a intra day buy could be more profitable.
If you take a sell trade below 2389.6, then use 2389.6 as stoploss and 2256 as target. However if you take a buy trade in stock , then use 2389.6 as stoploss and 2500.93 as target.

Share price targets for Bom Burmah (BomBurmah)

Target Type	Value
Downside Target	2067.20
Downside Target	2321.05
Upside Target	2400.55
Upside Target	2500.20
Upside Target	2566.00
Upside Target	2610.95
Upside Target	2625.00
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	2297.95
Downside Intraday Target	2225.8
Upside Intraday Target	2465.35
Upside Intraday Target	2560.6
Upside Intraday Target	2393.2

Weekly technical analysis of Bom Burmah (BomBurmah)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2370.10	2321.05	2488.45	2321.05	1.158 times
06 Fri Dec 2024	2355.70	2422.60	2439.00	2335.70	0.689 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

Price has moved up 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
09 Mon Dec 2024	2370.10	2422.60	2488.45	2321.05	0.374 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing 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 moving up

CCI has generated a buy signal for Bom Burmah in short term but BUY signal is weak.

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 2409.68 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.