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 2024-08-14 View latest technical analysis

10 day averaged volume of Bororenew is 99646

Date Daily Closing Price Open High Low Volume
14 Wed Aug 2024 490.40 496.30 498.90 486.10 0.198 times
13 Tue Aug 2024 496.55 507.00 509.00 494.00 0.727 times
12 Mon Aug 2024 507.95 510.55 522.15 495.30 0.832 times
09 Fri Aug 2024 514.30 520.00 521.85 509.55 0.692 times
08 Thu Aug 2024 509.75 497.05 525.75 496.40 0.666 times
07 Wed Aug 2024 497.05 498.15 508.85 487.50 1.358 times
06 Tue Aug 2024 493.60 511.15 522.85 489.00 1.747 times
05 Mon Aug 2024 510.70 507.15 533.95 506.00 0.887 times
02 Fri Aug 2024 551.40 540.15 554.95 536.35 0.492 times
01 Thu Aug 2024 547.40 558.95 560.70 541.10 0.697 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 492.2, but if it comes above 492.2, then a intra day buy could be more profitable.
If you take a sell trade below 492.2, then use 492.2 as stoploss and 460 as target. However if you take a buy trade in stock , then use 492.2 as stoploss and 519.03 as target.

Share price targets for Bororenew (Bororenew)

Target Type Value
Downside Target 429.30
Downside Target 463.65
Downside Target 486.10
Upside Target 505.00
Upside Target 515.10
Upside Target 533.95
Upside Target 535.00
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 476.95
Downside Intraday Target 463.5
Upside Intraday Target 513
Upside Intraday Target 535.6
Upside Intraday Target 499.55

Weekly technical analysis of Bororenew (Bororenew)

Date Weekly Closing Price Open High Low Volume
14 Wed Aug 2024 490.40 510.55 522.15 486.10 0.328 times
09 Fri Aug 2024 514.30 507.15 533.95 487.50 0.693 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

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
14 Wed Aug 2024 490.40 558.95 560.70 486.10 0.216 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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 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 SELL signal in short term but selling is losing 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 508.59 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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 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 SELL signal in short term but selling is losing 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 508.59 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