(BombayRayon) Bombay Rayon complete technical analysis [charts+indicators] | Buy/Sell Bombay Rayon | (BombayRayon) share price targets
Complete technical analysis of Bombay Rayon (BombayRayon) by charts plus indicators, forecast predictions and share price targets for Bombay Rayon (BombayRayon)
10 day averaged volume of Bombay Rayon is 231614
Date | Daily Closing Price | Open | High | Low | Volume |
12 Mon Dec 2022 | 1.82 | 1.74 | 1.82 | 1.74 | 0.835 times |
05 Mon Dec 2022 | 1.74 | 1.58 | 1.74 | 1.58 | 1.889 times |
28 Mon Nov 2022 | 1.66 | 1.66 | 1.66 | 1.66 | 1.334 times |
21 Mon Nov 2022 | 1.74 | 1.74 | 1.74 | 1.74 | 1.338 times |
14 Mon Nov 2022 | 1.83 | 1.83 | 1.83 | 1.83 | 0.984 times |
07 Mon Nov 2022 | 1.92 | 2.05 | 2.12 | 1.92 | 1.493 times |
31 Mon Oct 2022 | 2.02 | 2.02 | 2.02 | 2.02 | 1.521 times |
24 Mon Oct 2022 | 2.12 | 2.12 | 2.12 | 2.12 | 0.171 times |
17 Mon Oct 2022 | 2.23 | 2.23 | 2.23 | 2.23 | 0.25 times |
10 Mon Oct 2022 | 2.34 | 2.34 | 2.34 | 2.34 | 0.588 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 1.8 as stoploss in an intra day buy trade for a target of 2.52. However, stock will show a bearish move below 1.8.
Share price targets for Bombay Rayon (BombayRayon)
Target Type | Value |
Downside Target | 1.58 |
Downside Target | 1.66 |
Downside Target | 1.74 |
Downside Target | 1.82 |
Upside Target | 1.83 |
Upside Target | 2.02 |
Upside Target | 2.12 |
Upside Target | 2.46 |
Upside Target | 2.58 |
Upside Target | 2.99 |
Upside Target | 3.14 |
Upside Target | 3.84 |
Intraday share price targets for Bombay Rayon (BombayRayon)
Target Type | Value |
Downside Intraday Target | 1.77 |
Downside Intraday Target | 1.71 |
Upside Intraday Target | 1.85 |
Upside Intraday Target | 1.87 |
Downside Intraday Target | 1.79 |
Weekly technical analysis of Bombay Rayon (BombayRayon)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Mon Dec 2022 | 1.82 | 1.74 | 1.82 | 1.74 | 0.442 times |
05 Mon Dec 2022 | 1.74 | 1.58 | 1.74 | 1.58 | 1.416 times |
28 Mon Nov 2022 | 1.66 | 1.66 | 1.66 | 1.66 | 0.997 times |
21 Mon Nov 2022 | 1.74 | 1.74 | 1.74 | 1.74 | 1.36 times |
14 Mon Nov 2022 | 1.83 | 1.83 | 1.83 | 1.83 | 0.659 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 Bombay Rayon (BombayRayon)
Date | Monthly Closing Price | Open | High | Low | Volume |
12 Mon Dec 2022 | 1.82 | 1.58 | 1.82 | 1.58 | 0.529 times |
28 Mon Nov 2022 | 1.66 | 2.05 | 2.12 | 1.66 | 1.739 times |
31 Mon Oct 2022 | 2.02 | 2.46 | 2.46 | 2.02 | 0.643 times |
26 Mon Sep 2022 | 2.58 | 2.99 | 2.99 | 2.58 | 2.008 times |
Scroll below to view daily charts
Price has moved up 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 Bombay Rayon (BombayRayon)
Price action analysis of Bombay Rayon ( (BombayRayon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Bombay Rayon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bombay Rayon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Bombay Rayon 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
Stock of Bombay Rayon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.86 and Bombay Rayon (BombayRayon) 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 Bombay Rayon (BombayRayon) stock. Volume based technical analysis of Bombay Rayon (BombayRayon) stock is negative.
Bombay Rayon 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 Bombay Rayon ( (BombayRayon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Bombay Rayon in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bombay Rayon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Bombay Rayon 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
Stock of Bombay Rayon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.86 and Bombay Rayon (BombayRayon) 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 Bombay Rayon (BombayRayon) stock. Volume based technical analysis of Bombay Rayon (BombayRayon) stock is negative.
Bombay Rayon 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.
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