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(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 100088

Date Daily Closing Price Open High Low Volume
28 Tue Sep 2021 7.10 7.11 7.20 6.96 0.397 times
27 Mon Sep 2021 7.11 7.29 7.33 7.00 0.129 times
24 Fri Sep 2021 7.07 7.39 7.39 7.05 0.443 times
23 Thu Sep 2021 7.19 7.10 7.50 6.95 1.474 times
22 Wed Sep 2021 7.21 7.42 7.42 7.01 0.305 times
21 Tue Sep 2021 7.25 7.27 7.60 7.05 0.387 times
20 Mon Sep 2021 7.35 7.60 7.60 7.21 0.412 times
17 Fri Sep 2021 7.45 7.79 7.79 7.45 1.299 times
16 Thu Sep 2021 7.48 7.36 7.48 7.00 1.8 times
15 Wed Sep 2021 7.13 7.29 7.29 6.81 1.892 times

My analysis of stock is bearish for shortterm, and stock might move down till 7 or till 6.8. Use a stoploss of 7.15 and if the stock hits stoploss, then it can shoot up till 7.31

Share price targets for Bombay Rayon (BombayRayon)

Target Type Value
Downside Target 6.31
Downside Target 6.50
Downside Target 6.67
Upside Target 7.24
Upside Target 7.60
Upside Target 7.65
Upside Target 7.79
Upside Target 8.55
Upside Target 8.79
Upside Target 11.38
Upside Target 13.31

Intraday share price targets for Bombay Rayon (BombayRayon)

Target Type Value
Downside Intraday Target 6.93
Downside Intraday Target 6.76
Upside Intraday Target 7.3
Upside Intraday Target 7.5
Upside Intraday Target 7.13

Weekly technical analysis of Bombay Rayon (BombayRayon)

Date Weekly Closing Price Open High Low Volume
28 Tue Sep 2021 7.10 7.29 7.33 6.96 0.174 times
24 Fri Sep 2021 7.07 7.60 7.60 6.95 0.362 times
17 Fri Sep 2021 7.45 7.25 7.79 6.75 2.147 times
09 Thu Sep 2021 6.97 7.24 7.24 6.82 2.303 times
03 Fri Sep 2021 7.00 7.29 7.60 6.95 0.768 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
28 Tue Sep 2021 7.10 7.50 7.79 6.75 1.07 times
31 Tue Aug 2021 7.29 8.61 8.79 6.67 0.717 times
30 Fri Jul 2021 8.61 10.51 11.38 8.55 0.175 times
30 Wed Jun 2021 10.51 6.64 13.31 6.31 9.055 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 Bombay Rayon (BombayRayon)

Indicator Name Indicator Value Indicator Signal
ADX 12, 17, 17 Sell
MACD -0, -0Buy
Stochastics 30None
CCI -93Sell
RSI 63Buy
OBV -7501Sell
VWAP 7Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon ( (BombayRayon) ) 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 Bombay Rayon ( (BombayRayon) ) 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bombay Rayon in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 7.28 and Bombay Rayon (BombayRayon) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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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Daily charts

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Daily chart

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