Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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 2024-08-07 View latest technical analysis

10 day averaged volume of Bororenew is 249763

Date Daily Closing Price Open High Low Volume
07 Wed Aug 2024 497.05 498.15 508.85 487.50 0.542 times
06 Tue Aug 2024 493.60 511.15 522.85 489.00 0.697 times
05 Mon Aug 2024 510.70 507.15 533.95 506.00 0.354 times
02 Fri Aug 2024 551.40 540.15 554.95 536.35 0.196 times
01 Thu Aug 2024 547.40 558.95 560.70 541.10 0.278 times
31 Wed Jul 2024 557.95 561.60 570.90 555.55 0.759 times
30 Tue Jul 2024 555.15 536.00 562.00 522.25 1.597 times
29 Mon Jul 2024 537.75 544.75 552.75 535.10 0.248 times
26 Fri Jul 2024 540.75 541.05 554.45 534.70 0.725 times
25 Thu Jul 2024 538.35 553.90 572.00 535.05 1.097 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 495 as stoploss in an intra day buy trade for a target of 520.71. However, stock will show a bearish move below 495.

Share price targets for Bororenew (Bororenew)

Target Type Value
Downside Target 429.30
Downside Target 463.65
Downside Target 487.50
Upside Target 503.90
Upside Target 515.10
Upside Target 535.00
Upside Target 538.10
Upside Target 560.70
Upside Target 562.30
Upside Target 570.90
Upside Target 572.00

Intraday share price targets for Bororenew (Bororenew)

Target Type Value
Downside Intraday Target 478.38
Downside Intraday Target 459.72
Upside Intraday Target 524.83
Upside Intraday Target 552.62
Upside Intraday Target 506.17

Weekly technical analysis of Bororenew (Bororenew)

Date Weekly Closing Price Open High Low Volume
07 Wed Aug 2024 497.05 507.15 533.95 487.50 0.517 times
02 Fri Aug 2024 551.40 544.75 570.90 522.25 0.325 times
26 Fri Jul 2024 540.75 473.75 572.00 463.65 14.282 times
19 Fri Jul 2024 473.90 509.30 515.10 466.60 0.381 times
12 Fri Jul 2024 505.15 516.95 538.10 503.90 2.043 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
07 Wed Aug 2024 497.05 558.95 560.70 487.50 0.135 times
31 Wed Jul 2024 557.95 510.25 572.00 463.65 3.292 times
28 Fri Jun 2024 503.75 481.10 535.00 429.30 1.148 times
31 Fri May 2024 471.55 524.75 526.45 467.45 0.838 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bororenew ( (Bororenew) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Bororenew in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Bororenew 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 536.05 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bororenew ( (Bororenew) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Bororenew in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Bororenew 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 536.05 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

Daily charts

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

Daily chart
Back to top | Use Dark Theme