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

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

Showing technical analysis as on 2024-05-09 View latest technical analysis

10 day averaged volume of Bororenew is 34583

Date Daily Closing Price Open High Low Volume
09 Thu May 2024 494.45 507.90 507.90 493.00 0.517 times
08 Wed May 2024 502.90 504.65 507.10 498.20 0.459 times
07 Tue May 2024 507.95 508.30 526.00 503.15 2.009 times
06 Mon May 2024 506.80 519.95 519.95 503.80 0.493 times
03 Fri May 2024 513.90 519.40 523.25 511.35 1.573 times
02 Thu May 2024 518.60 524.75 526.45 516.00 1.618 times
30 Tue Apr 2024 524.95 527.05 532.20 523.25 0.325 times
29 Mon Apr 2024 523.95 522.45 537.30 522.20 1.678 times
26 Fri Apr 2024 521.75 520.40 528.90 519.50 0.474 times
25 Thu Apr 2024 522.70 525.40 538.80 521.00 0.794 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 496.2, for a target of 509.3 or 520.22

Share price targets for Bororenew (Bororenew)

Target Type Value
Downside Target 429.30
Downside Target 476.75
Downside Target 493.00
Upside Target 505.00
Upside Target 537.30
Upside Target 544.95
Upside Target 545.65
Upside Target 558.00
Upside Target 562.30
Upside Target 583.00
Upside Target 642.40
Upside Target 667.40

Intraday share price targets for Bororenew (Bororenew)

Target Type Value
Downside Intraday Target 482.97
Downside Intraday Target 471.48
Upside Intraday Target 515.97
Upside Intraday Target 537.48
Upside Intraday Target 504.48

Weekly technical analysis of Bororenew (Bororenew)

Date Weekly Closing Price Open High Low Volume
09 Thu May 2024 494.45 519.95 526.00 493.00 0.67 times
03 Fri May 2024 513.90 522.45 537.30 511.35 1.185 times
26 Fri Apr 2024 521.75 524.95 545.65 518.50 0.805 times
19 Fri Apr 2024 515.05 510.40 544.95 506.80 0.524 times
12 Fri Apr 2024 541.35 549.95 558.00 524.65 0.817 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 Bororenew (Bororenew)

Date Monthly Closing Price Open High Low Volume
09 Thu May 2024 494.45 524.75 526.45 493.00 0.191 times
30 Tue Apr 2024 524.95 505.00 562.30 505.00 0.873 times
28 Thu Mar 2024 498.10 554.75 583.00 476.75 0.412 times
29 Thu Feb 2024 537.70 643.40 667.40 483.15 0.757 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 Bororenew (Bororenew)

Price action analysis of Bororenew ( (Bororenew) ) 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 Bororenew ( (Bororenew) ) 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 Bororenew ( (Bororenew) ) 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 Bororenew ( (Bororenew) ) 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 Bororenew stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Bororenew 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 Bororenew in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Bororenew is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 514.72 and Bororenew (Bororenew) 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 Bororenew (Bororenew) stock. Volume based technical analysis of Bororenew (Bororenew) stock is negative.

Bororenew 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 Bororenew ( (Bororenew) ) 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 Bororenew ( (Bororenew) ) 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 Bororenew ( (Bororenew) ) 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 Bororenew ( (Bororenew) ) 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 Bororenew stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Bororenew 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 Bororenew in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Bororenew is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 514.72 and Bororenew (Bororenew) 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 Bororenew (Bororenew) stock. Volume based technical analysis of Bororenew (Bororenew) stock is negative.

Bororenew 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.

Click here for Bororenew charts

Click here for further forecast and predictions for tomorrow

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