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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 2024-05-23 View latest technical analysis

10 day averaged volume of Bcl Industries is 1873560

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	55.15	55.00	55.85	54.90	0.501 times
22 Wed May 2024	54.80	58.00	59.60	54.20	1.69 times
21 Tue May 2024	57.70	55.40	58.25	55.30	1.088 times
18 Sat May 2024	55.25	55.65	56.35	54.90	0.231 times
17 Fri May 2024	55.30	54.90	55.75	54.90	0.418 times
16 Thu May 2024	54.85	56.00	56.35	54.70	0.631 times
15 Wed May 2024	55.65	56.60	57.40	55.45	0.554 times
14 Tue May 2024	56.25	56.50	57.10	55.80	0.377 times
13 Mon May 2024	56.20	57.50	57.70	55.55	0.505 times
10 Fri May 2024	57.65	59.00	59.50	57.20	0.925 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 55.1 as stoploss in an intra day buy trade for a target of 56.74. However, stock will show a bearish move below 55.1.

Share price targets for Bcl Industries (BCLIND)

Target Type	Value
Downside Target	51.00
Downside Target	54.20
Upside Target	56.05
Upside Target	57.30
Upside Target	59.60
Upside Target	60.85
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	53.03
Downside Intraday Target	50.92
Upside Intraday Target	58.43
Upside Intraday Target	61.72
Upside Intraday Target	56.32

Weekly technical analysis of Bcl Industries (BCLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	55.15	55.40	59.60	54.20	1.207 times
18 Sat May 2024	55.25	57.50	57.70	54.70	0.483 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

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
23 Thu May 2024	55.15	58.80	61.40	54.20	1.017 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bcl Industries ( (BCLIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong 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 weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Bcl Industries in short term and SELL 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 Bcl Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.96 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.