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(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)

Banco Products trades in NSE in Auto Parts & Equipment sector.

10 day averaged volume of Banco Products is 130999

Date Daily Closing Price Open High Low Volume
02 Tue Mar 2021 156.45 155.40 159.50 154.00 1.37 times
01 Mon Mar 2021 154.30 155.00 156.25 151.60 1.021 times
25 Thu Feb 2021 152.40 150.50 154.50 150.50 0.549 times
24 Wed Feb 2021 149.90 149.70 152.70 149.10 0.308 times
23 Tue Feb 2021 149.70 152.00 153.50 148.55 0.622 times
22 Mon Feb 2021 149.55 153.90 154.45 148.15 0.881 times
19 Fri Feb 2021 151.95 150.65 159.95 149.75 2.038 times
18 Thu Feb 2021 153.50 153.20 155.00 152.05 0.81 times
17 Wed Feb 2021 152.35 153.00 155.50 149.65 1.015 times
16 Tue Feb 2021 153.70 157.70 159.50 152.15 1.33 times

My analysis of stock is bullish for shortterm, and stock might move up till 161.8 or till 169.6. Use a stoploss of 155.22 and if this stock hits its stoploss, then it can fall down till 148.67

Share price targets for Banco Products (BANCOINDIA)

Target Type Value
Downside Target 88.90
Downside Target 120.00
Downside Target 134.10
Downside Target 148.15
Downside Target 153.95
Downside Target 154.50
Upside Target 158.65
Upside Target 159.50
Upside Target 162.00
Upside Target 174.80

Intraday share price targets for Banco Products (BANCOINDIA)

Target Type Value
Downside Intraday Target 152.2
Downside Intraday Target 147.95
Upside Intraday Target 160.1
Upside Intraday Target 163.75
Downside Intraday Target 155.85

Weekly technical analysis of Banco Products (BANCOINDIA)

Date Weekly Closing Price Open High Low Volume
02 Tue Mar 2021 156.45 155.00 159.50 151.60 1.013 times
25 Thu Feb 2021 152.40 153.90 154.50 148.15 0.357 times
19 Fri Feb 2021 151.95 160.10 162.00 149.65 0.272 times
12 Fri Feb 2021 157.10 157.50 174.80 148.90 1.857 times
05 Fri Feb 2021 157.15 137.50 158.65 135.00 2.057 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
02 Tue Mar 2021 156.45 155.00 159.50 151.60 0.051 times
25 Thu Feb 2021 152.40 137.50 174.80 135.00 1.136 times
29 Fri Jan 2021 136.40 148.25 153.95 134.10 0.724 times
31 Thu Dec 2020 147.75 129.95 149.90 120.00 0.957 times

Price has moved up 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 25, 13, 30 Buy
MACD 6, 7Sell
Stochastics 48None
CCI 148Buy
RSI 46Sell
OBV 2637240Sell
VWAP 153Buy
ADL 0Sell
ROC -1Sell
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Banco Products stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 SELL signal in short term and selling is picking up 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 152.82 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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