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Technicals for The Bombay Burmah Trading Corporation, Limited
By MusingTheNews
2025-06-13 20:26
Overall Technical outlook
Price Summary
The stock of The Bombay Burmah Trading Corporation, Limited experienced a -2.1% tumble, showcasing a poor market performance. The Bombay Burmah Trading Corporation, Limited's stock started trading at 2025.0 on 2025-06-12, climbed to 2155.0, fell to 1960.1, and closed -2.1% lower at 1982.5, with 901359 shares traded. In the past year, the highest stock price was 2884.9, and the lowest was 1621.55.
Technicals
Support and Resistance: The price of 1982.5 is supported at 1947.9 and capped by resistance at 2120.65. These levels mark key points for The Bombay Burmah Trading Corporation, Limited where the price could find stability, with 1947.9 as a floor and 2120.65 as a ceiling. Support/Resistance for BBTC
Aroon: AROON is pointing to a bullish trend, with the Aroon Up rising and the Aroon Oscillator staying high. This combination suggests that the price trend is likely to continue upward. The steady high reading of the Aroon Oscillator indicates strong bullish momentum, signaling that the market is likely to sustain its upward trajectory. Aroon chart for The Bombay Burmah Trading Corporation, Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for The Bombay Burmah Trading Corporation, Limited
Parabolic SAR: The PSAR continues to be bullish for BBTC, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for The Bombay Burmah Trading Corporation, Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for BBTC. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for The Bombay Burmah Trading Corporation, Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for The Bombay Burmah Trading Corporation, Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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