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(BenglaAsm) Bengla Asm complete technical analysis [charts+indicators] | Buy/Sell Bengla Asm | (BenglaAsm) share price targets

Complete technical analysis of Bengla Asm (BenglaAsm) by charts plus indicators, forecast predictions and share price targets for Bengla Asm (BenglaAsm)

Showing technical analysis as on 2022-05-09 View latest technical analysis

10 day averaged volume of Bengla Asm is 2866

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 2420.15 2597.70 2598.00 2411.00 0.667 times
06 Fri May 2022 2556.70 2649.85 2650.00 2505.00 0.866 times
05 Thu May 2022 2671.45 2771.85 2780.00 2610.05 0.436 times
04 Wed May 2022 2704.85 2748.80 2750.00 2664.05 0.57 times
02 Mon May 2022 2738.40 2725.55 2750.00 2500.00 1.912 times
29 Fri Apr 2022 2725.25 2690.05 2750.00 2680.00 0.865 times
28 Thu Apr 2022 2689.75 2689.95 2708.00 2615.00 0.605 times
27 Wed Apr 2022 2613.50 2648.00 2682.90 2515.00 1.8 times
26 Tue Apr 2022 2602.60 2500.05 2610.00 2490.00 1.596 times
25 Mon Apr 2022 2509.35 2450.00 2560.05 2414.90 1.029 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2429.8, but if it comes above 2429.8, then a intra day buy could be more profitable.
If you take a sell trade below 2429.8, then use 2429.8 as stoploss and 2296.7 as target. However if you take a buy trade in stock , then use 2429.8 as stoploss and 2540.78 as target.

Share price targets for Bengla Asm (BenglaAsm)

Target Type Value
Downside Target 2168.05
Downside Target 2303.00
Downside Target 2411.00
Upside Target 2500.00
Upside Target 2598.00
Upside Target 2600.00
Upside Target 2675.00
Upside Target 2750.00
Upside Target 2780.00
Upside Target 2880.00

Intraday share price targets for Bengla Asm (BenglaAsm)

Target Type Value
Downside Intraday Target 2354.77
Downside Intraday Target 2289.38
Upside Intraday Target 2541.77
Upside Intraday Target 2663.38
Upside Intraday Target 2476.38

Weekly technical analysis of Bengla Asm (BenglaAsm)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 2420.15 2597.70 2598.00 2411.00 0.176 times
06 Fri May 2022 2556.70 2725.55 2780.00 2500.00 0.642 times
29 Fri Apr 2022 2725.25 2450.00 2750.00 2414.90 2.985 times
22 Fri Apr 2022 2443.10 2485.00 2545.90 2422.05 0.875 times
13 Wed Apr 2022 2488.70 2361.05 2525.00 2361.05 1.488 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 Bengla Asm (BenglaAsm)

Date Monthly Closing Price Open High Low Volume
09 Mon May 2022 2420.15 2725.55 2780.00 2411.00 0.378 times
29 Fri Apr 2022 2725.25 2374.95 2750.00 2340.00 2.399 times
31 Thu Mar 2022 2356.95 2500.00 2600.00 2311.00 0.163 times
28 Mon Feb 2022 2511.65 2449.95 2675.00 2303.00 0.215 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 Bengla Asm (BenglaAsm)

Indicator Name Indicator Value Indicator Signal
ADX 13, 30, 39 Sell
MACD 78, 94Sell
Stochastics 37None
CCI -127Sell
RSI 45Sell
OBV 19621Sell
VWAP 2629Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Bengla Asm ( (BenglaAsm) ) 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 Bengla Asm ( (BenglaAsm) ) 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 Bengla Asm ( (BenglaAsm) ) based on a short to mid term time period is

Price action analysis of Bengla Asm ( (BenglaAsm) ) 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 Bengla Asm stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Bengla Asm 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bengla Asm 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bengla Asm is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2628.6 and Bengla Asm (BenglaAsm) 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 Bengla Asm (BenglaAsm) stock. Volume based technical analysis of Bengla Asm (BenglaAsm) stock is negative.

Bengla Asm 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 Bengla Asm charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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