Login or Join
Learn then Earn

(BANCOINDIA) Banco Products complete technical analysis [charts+indicators] | Buy/Sell Banco Products | (BANCOINDIA) share price targets

Complete technical analysis of Banco Products (BANCOINDIA) by charts plus indicators, forecast predictions and share price targets for Banco Products (BANCOINDIA)

10 day averaged volume of Banco Products is 52544

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 594.55 596.35 599.00 590.05 0.544 times
16 Thu May 2024 592.60 592.60 598.60 586.05 0.807 times
15 Wed May 2024 588.70 586.95 596.05 585.00 0.933 times
14 Tue May 2024 583.15 581.90 589.90 578.85 0.837 times
13 Mon May 2024 573.85 580.00 580.00 557.00 1.827 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 588.4 as stoploss in an intra day buy trade for a target of 607.03. However, stock will show a bearish move below 588.4.

Share price targets for Banco Products (BANCOINDIA)

Target Type Value
Downside Target 512.00
Downside Target 557.00
Downside Target 575.05
Upside Target 599.00
Upside Target 612.35
Upside Target 636.40
Upside Target 642.00
Upside Target 649.70
Upside Target 681.45
Upside Target 729.90
Upside Target 733.95

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type Value
Downside Intraday Target 568.03
Downside Intraday Target 541.52
Upside Intraday Target 610.03
Upside Intraday Target 625.52
Downside Intraday Target 583.52

Weekly technical analysis of Banco Products (BANCOINDIA)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 594.55 580.00 599.00 557.00 0.979 times
10 Fri May 2024 578.40 622.80 622.80 576.20 1.394 times
03 Fri May 2024 622.80 642.00 642.00 618.50 0.514 times
26 Fri Apr 2024 628.85 615.65 649.70 612.35 0.959 times
19 Fri Apr 2024 610.25 575.05 634.90 575.05 1.943 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 Banco Products (BANCOINDIA)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 594.55 623.85 636.40 557.00 0.428 times
30 Tue Apr 2024 623.85 599.95 649.70 575.05 0.718 times
28 Thu Mar 2024 596.95 670.20 681.45 512.00 0.493 times
29 Thu Feb 2024 663.55 714.90 729.90 620.10 1.056 times

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 Banco Products (BANCOINDIA)

Indicator Name Indicator Value Indicator Signal
ADX 17, 26, 21 Sell
MACD -15, -14Sell
Stochastics 48None
CCI 19Buy
RSI 51Buy
OBV -23289Sell
VWAP 588Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) 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 Banco Products ( (BANCOINDIA) ) 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 Banco Products stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Banco Products in short term and the sell signal is strong.

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

Banco Products 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Banco Products 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 Banco Products is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 588.01 and Banco Products (BANCOINDIA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Banco Products (BANCOINDIA) stock. Volume based technical analysis of Banco Products (BANCOINDIA) stock is negative.

Banco Products 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 Banco Products charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme