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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 2023-05-24 View latest technical analysis

10 day averaged volume of Bengla Asm is 805

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed May 2023	4347.25	4359.60	4429.95	4320.00	0.409 times
23 Tue May 2023	4343.40	4213.80	4360.00	4213.80	0.538 times
22 Mon May 2023	4214.25	4399.60	4400.00	4200.00	0.725 times
19 Fri May 2023	4173.50	4125.00	4220.90	4011.95	1.099 times
18 Thu May 2023	4101.35	3950.00	4125.00	3911.05	2.35 times
17 Wed May 2023	3950.00	4039.70	4039.70	3950.00	0.287 times
16 Tue May 2023	3984.65	3969.95	4045.00	3814.90	2.44 times
15 Mon May 2023	3922.00	3940.00	3975.00	3916.75	0.455 times
12 Fri May 2023	3945.80	3849.75	3964.00	3720.30	0.53 times
11 Thu May 2023	3816.00	3897.60	3899.95	3565.05	0.448 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4415, for a target of 4116.3 or 3867.33

Share price targets for Bengla Asm (BenglaAsm)

Target Type	Value
Downside Target	3251.00
Downside Target	3450.00
Downside Target	3750.00
Downside Target	3964.00
Downside Target	4200.00
Downside Target	4220.90
Downside Target	4239.00
Downside Target	4290.00
Upside Target	4429.95
Upside Target	4460.05

Intraday share price targets for Bengla Asm (BenglaAsm)

Target Type	Value
Downside Intraday Target	4221.52
Downside Intraday Target	4095.78
Upside Intraday Target	4451.47
Upside Intraday Target	4555.68
Downside Intraday Target	4325.73

Weekly technical analysis of Bengla Asm (BenglaAsm)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed May 2023	4347.25	4399.60	4429.95	4200.00	0.252 times
19 Fri May 2023	4173.50	3940.00	4220.90	3814.90	1.939 times
12 Fri May 2023	3945.80	3739.05	3964.00	3565.05	1.479 times
05 Fri May 2023	3734.10	3650.00	3750.00	3571.05	0.451 times
28 Fri Apr 2023	3600.00	3610.05	4290.00	3503.15	2.199 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 Bengla Asm (BenglaAsm)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed May 2023	4347.25	3650.00	4429.95	3565.05	1.467 times
28 Fri Apr 2023	3600.00	3603.55	4290.00	3251.00	0.409 times
31 Fri Mar 2023	3655.35	3420.00	3973.35	3310.00	2.06 times
28 Tue Feb 2023	3488.45	4000.30	4239.00	3450.00	0.744 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 Bengla Asm (BenglaAsm)

Price action analysis of Bengla Asm ( (BenglaAsm) ) based on a short 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 Bengla Asm ( (BenglaAsm) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bengla Asm in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bengla Asm Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bengla Asm in short term and BUY signal is strong.

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 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 4076.76 and Bengla Asm (BenglaAsm) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.