(BengalTea) Bengal Tea complete technical analysis [charts+indicators] | Buy/Sell Bengal Tea | (BengalTea) share price targets
Complete technical analysis of Bengal Tea (BengalTea) by charts plus indicators, forecast predictions and share price targets for Bengal Tea (BengalTea)
Showing technical analysis as on 2024-08-05 View latest technical analysis
10 day averaged volume of Bengal Tea is 4585
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 160.90 | 160.00 | 164.70 | 160.00 | 0.242 times |
| 02 Fri Aug 2024 | 157.55 | 165.65 | 165.65 | 157.00 | 2.236 times |
| 01 Thu Aug 2024 | 162.40 | 170.00 | 170.00 | 161.00 | 0.105 times |
| 31 Wed Jul 2024 | 166.30 | 169.80 | 170.00 | 165.10 | 0.244 times |
| 30 Tue Jul 2024 | 164.95 | 168.60 | 169.80 | 163.00 | 0.399 times |
| 29 Mon Jul 2024 | 164.90 | 168.95 | 173.80 | 164.90 | 1.397 times |
| 26 Fri Jul 2024 | 165.60 | 165.00 | 177.60 | 160.35 | 0.231 times |
| 25 Thu Jul 2024 | 168.30 | 168.30 | 168.30 | 165.00 | 0.244 times |
| 24 Wed Jul 2024 | 165.00 | 165.35 | 168.50 | 165.00 | 0.12 times |
| 23 Tue Jul 2024 | 165.00 | 165.30 | 169.00 | 165.00 | 0.182 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 159.6 as stoploss in an intra day buy trade for a target of 165.31. However, stock will show a bearish move below 159.6.
Share price targets for Bengal Tea (BengalTea)
| Target Type | Value |
| Downside Target | 115.00 |
| Downside Target | 123.55 |
| Downside Target | 145.50 |
| Downside Target | 150.00 |
| Downside Target | 153.95 |
| Upside Target | 164.70 |
| Upside Target | 167.30 |
| Upside Target | 167.70 |
| Upside Target | 170.00 |
| Upside Target | 173.80 |
| Upside Target | 177.60 |
| Upside Target | 184.00 |
Intraday share price targets for Bengal Tea (BengalTea)
| Target Type | Value |
| Downside Intraday Target | 159.03 |
| Downside Intraday Target | 157.17 |
| Upside Intraday Target | 163.73 |
| Upside Intraday Target | 166.57 |
| Upside Intraday Target | 161.87 |
Weekly technical analysis of Bengal Tea (BengalTea)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 160.90 | 160.00 | 164.70 | 160.00 | 0.055 times |
| 02 Fri Aug 2024 | 157.55 | 168.95 | 173.80 | 157.00 | 0.78 times |
| 26 Fri Jul 2024 | 165.60 | 172.90 | 177.60 | 160.35 | 1.457 times |
| 19 Fri Jul 2024 | 172.70 | 162.40 | 184.00 | 156.65 | 1.078 times |
| 12 Fri Jul 2024 | 162.00 | 165.00 | 167.30 | 155.00 | 0.565 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 Bengal Tea (BengalTea)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 160.90 | 170.00 | 170.00 | 157.00 | 0.121 times |
| 31 Wed Jul 2024 | 166.30 | 155.70 | 184.00 | 145.50 | 2.883 times |
| 28 Fri Jun 2024 | 149.00 | 116.00 | 167.70 | 115.00 | 0.881 times |
| 31 Fri May 2024 | 118.05 | 147.80 | 150.00 | 115.00 | 0.604 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 Bengal Tea (BengalTea)
Price action analysis of Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) based on a short to mid 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 Bengal Tea ( (BengalTea) ) based on a mid to longer 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.
ADX buy sell signal for Bengal Tea stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bengal Tea in short term but the sell signal is initial and weak.
Bengal Tea 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 buy signal for Bengal Tea in short term but BUY signal is weak.
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 Bengal Tea is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 161.88 and Bengal Tea (BengalTea) 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 Bengal Tea (BengalTea) stock. Volume based technical analysis of Bengal Tea (BengalTea) stock is negative.
Bengal Tea Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) 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 Bengal Tea ( (BengalTea) ) based on a short to mid 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 Bengal Tea ( (BengalTea) ) based on a mid to longer 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.
ADX buy sell signal for Bengal Tea stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bengal Tea in short term but the sell signal is initial and weak.
Bengal Tea 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 buy signal for Bengal Tea in short term but BUY signal is weak.
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 Bengal Tea is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 161.88 and Bengal Tea (BengalTea) 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 Bengal Tea (BengalTea) stock. Volume based technical analysis of Bengal Tea (BengalTea) stock is negative.
Bengal Tea Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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