Overall Technical outlook

Price Summary

The Bombay Burmah Trading Corporation, Limited had a unimpressive day at the stock market, and its shares sank -4.3%.
The Bombay Burmah Trading Corporation, Limited's stock opened at 1989.0 on 2025-04-25, surged to a high of 1995.1, hit a low of 1882.0, and closed up -4.3% at 1903.5, with 77739 shares traded.
The top price for the stock in the last 52 weeks is 2884.9, with the bottom price being 1374.0.

Technicals

Support and Resistance: The price for BBTC is 1903.5, with support at 1855.9 and resistance at 1947.9. This suggests a range where 1855.9 acts as a base, preventing declines, and 1947.9 caps gains, defining key trading levels.
BBTC supportResistance 90d83a
Support/Resistance for BBTC


Aroon: The current reading of the AROON is neutral for BBTC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
BBTC aroon 90d83a
Aroon chart for The Bombay Burmah Trading Corporation, Limited


Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
BBTC bbands 90d83a
Bolinger Bands chart for The Bombay Burmah Trading Corporation, Limited


Parabolic SAR: The PSAR for BBTC continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
BBTC psar 90d83a
Parabolic Stop and Reverse chart for The Bombay Burmah Trading Corporation, Limited


Stochastic: The K-line for BBTC has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal.
BBTC stoch 90d83a
Stochastic chart for The Bombay Burmah Trading Corporation, Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for BBTC, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
BBTC trippleSMA 90d83a
Tripple SMA chart for The Bombay Burmah Trading Corporation, Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.