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

(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 2022-05-11 View latest technical analysis

10 day averaged volume of Bengla Asm is 2764

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 2322.90 2430.05 2433.00 2300.00 0.537 times
10 Tue May 2022 2420.20 2350.00 2500.00 2350.00 0.337 times
09 Mon May 2022 2420.15 2597.70 2598.00 2411.00 0.692 times
06 Fri May 2022 2556.70 2649.85 2650.00 2505.00 0.898 times
05 Thu May 2022 2671.45 2771.85 2780.00 2610.05 0.452 times
04 Wed May 2022 2704.85 2748.80 2750.00 2664.05 0.591 times
02 Mon May 2022 2738.40 2725.55 2750.00 2500.00 1.982 times
29 Fri Apr 2022 2725.25 2690.05 2750.00 2680.00 0.897 times
28 Thu Apr 2022 2689.75 2689.95 2708.00 2615.00 0.628 times
27 Wed Apr 2022 2613.50 2648.00 2682.90 2515.00 1.867 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2276.7, for a target of 2418.1 or 2535.93

Share price targets for Bengla Asm (BenglaAsm)

Target Type Value
Downside Target 2168.05
Downside Target 2300.00
Upside Target 2414.90
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 2215.93
Downside Intraday Target 2108.97
Upside Intraday Target 2513.93
Upside Intraday Target 2704.97
Upside Intraday Target 2406.97

Weekly technical analysis of Bengla Asm (BenglaAsm)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 2322.90 2597.70 2598.00 2300.00 0.399 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
11 Wed May 2022 2322.90 2725.55 2780.00 2300.00 0.45 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 10, 32, 51 Sell
MACD 19, 67Sell
Stochastics 8Sell
CCI -149Sell
RSI 40Sell
OBV 17176Sell
VWAP 2621Sell
ADL 0Sell
ROC -11Sell
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 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 to mid term time period is

Price action analysis of Bengla Asm ( (BenglaAsm) ) based on a mid to longer 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

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 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 in or above the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2621.36 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme