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(BCLIND) Bcl Industries complete technical analysis [charts+indicators] | Buy/Sell Bcl Industries | (BCLIND) share price targets

Complete technical analysis of Bcl Industries (BCLIND) by charts plus indicators, forecast predictions and share price targets for Bcl Industries (BCLIND)

Showing technical analysis as on 2024-05-17 View latest technical analysis

10 day averaged volume of Bcl Industries is 1534622

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	55.30	54.90	55.75	54.90	0.511 times
16 Thu May 2024	54.85	56.00	56.35	54.70	0.77 times
15 Wed May 2024	55.65	56.60	57.40	55.45	0.677 times
14 Tue May 2024	56.25	56.50	57.10	55.80	0.461 times
13 Mon May 2024	56.20	57.50	57.70	55.55	0.616 times
10 Fri May 2024	57.65	59.00	59.50	57.20	1.129 times
09 Thu May 2024	58.10	55.90	61.40	55.50	4.372 times
08 Wed May 2024	55.70	55.30	56.35	54.95	0.334 times
07 Tue May 2024	55.30	56.15	56.40	55.00	0.53 times
06 Mon May 2024	56.00	57.30	57.85	55.60	0.501 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.7, but if it comes above 55.7, then a intra day buy could be more profitable.
If you take a sell trade below 55.7, then use 55.7 as stoploss and 53.5 as target. However if you take a buy trade in stock , then use 55.7 as stoploss and 57.44 as target.

Share price targets for Bcl Industries (BCLIND)

Target Type	Value
Downside Target	51.00
Downside Target	54.70
Upside Target	56.05
Upside Target	57.30
Upside Target	59.95
Upside Target	61.40
Upside Target	64.70
Upside Target	65.20
Upside Target	68.55
Upside Target	77.55
Upside Target	78.00
Upside Target	86.30

Intraday share price targets for Bcl Industries (BCLIND)

Target Type	Value
Downside Intraday Target	54.1
Downside Intraday Target	52.9
Upside Intraday Target	57.1
Upside Intraday Target	58.9
Upside Intraday Target	55.9

Weekly technical analysis of Bcl Industries (BCLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	55.30	57.50	57.70	54.70	0.442 times
10 Fri May 2024	57.65	57.30	61.40	54.95	1.658 times
03 Fri May 2024	56.60	59.20	60.85	56.15	1.417 times
26 Fri Apr 2024	58.85	57.30	60.90	57.30	1.441 times
19 Fri Apr 2024	57.30	57.05	59.95	56.05	0.588 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 Bcl Industries (BCLIND)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	55.30	58.80	61.40	54.70	0.743 times
30 Tue Apr 2024	58.90	56.95	65.20	56.05	0.603 times
28 Thu Mar 2024	56.20	76.55	77.55	51.00	0.569 times
29 Thu Feb 2024	76.20	73.45	86.30	68.55	1.526 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 Bcl Industries (BCLIND)

Price action analysis of Bcl Industries ( (BCLIND) ) 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 Bcl Industries ( (BCLIND) ) 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 Bcl Industries ( (BCLIND) ) 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 Bcl Industries ( (BCLIND) ) 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 Bcl Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bcl Industries 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.

Bcl Industries 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bcl Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bcl Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.94 and Bcl Industries (BCLIND) 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 Bcl Industries (BCLIND) stock. Volume based technical analysis of Bcl Industries (BCLIND) stock is negative.

Bcl Industries 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.