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Technicals for The Bombay Burmah Trading Corporation, Limited
By MusingTheNews
2025-07-16 20:26
Overall Technical outlook
Price Summary
BBTC's shares experienced a significant 2.81% surge, indicating a robust market performance. The Bombay Burmah Trading Corporation, Limited's stock opened at 1940.0 on 2025-07-15, surged to 2018.0, hit a low of 1940.0, and closed up 2.81% at 1994.5, with 70413 shares traded. Over the past year, the stock's highest price was 2884.9, and its lowest was 1640.55.
Technicals
Support and Resistance: The price sits at 1994.5, supported by 1956.8 and resisted by 2049.4. This indicates a trading range where 1956.8 provides a floor, preventing declines, and 2049.4 acts as a ceiling, limiting further price increases for BBTC. Support/Resistance for BBTC
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for The Bombay Burmah Trading Corporation, Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for The Bombay Burmah Trading Corporation, Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for The Bombay Burmah Trading Corporation, Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for The Bombay Burmah Trading Corporation, Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for The Bombay Burmah Trading Corporation, Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for The Bombay Burmah Trading Corporation, Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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