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(BmbMusic) Bmb Music complete technical analysis [charts+indicators] | Buy/Sell Bmb Music | (BmbMusic) share price targets

Complete technical analysis of Bmb Music (BmbMusic) by charts plus indicators, forecast predictions and share price targets for Bmb Music (BmbMusic)

Showing technical analysis as on 2023-12-11 View latest technical analysis

10 day averaged volume of Bmb Music is 3604

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	2.36	2.29	2.36	2.29	0.364 times
04 Mon Dec 2023	2.25	2.25	2.25	2.11	4.368 times
28 Tue Nov 2023	2.22	2.33	2.33	2.22	0.791 times
13 Mon Nov 2023	2.33	2.33	2.33	2.33	0.002 times
06 Mon Nov 2023	2.45	2.45	2.45	2.45	0.02 times
30 Mon Oct 2023	2.34	2.58	2.58	2.34	1.128 times
23 Mon Oct 2023	2.46	2.46	2.46	2.46	0.022 times
16 Mon Oct 2023	2.46	2.57	2.57	2.46	0.142 times
09 Mon Oct 2023	2.57	2.70	2.83	2.57	3.016 times
03 Tue Oct 2023	2.70	2.58	2.70	2.58	0.446 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 2.3 as stoploss in an intra day buy trade for a target of 2.47. However, stock will show a bearish move below 2.3.

Share price targets for Bmb Music (BmbMusic)

Target Type	Value
Downside Target	2.11
Downside Target	2.22
Downside Target	2.36
Upside Target	2.45
Upside Target	2.58
Upside Target	2.82
Upside Target	2.83

Intraday share price targets for Bmb Music (BmbMusic)

Target Type	Value
Downside Intraday Target	2.31
Downside Intraday Target	2.27
Upside Intraday Target	2.38
Upside Intraday Target	2.41
Downside Intraday Target	2.34

Weekly technical analysis of Bmb Music (BmbMusic)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	2.36	2.29	2.36	2.29	0.083 times
04 Mon Dec 2023	2.25	2.25	2.25	2.11	5.51 times
28 Tue Nov 2023	2.22	2.33	2.33	2.22	39.137 times
06 Mon Nov 2023	2.45	2.45	2.45	2.45	0.018 times
30 Mon Oct 2023	2.34	2.58	2.58	2.34	52.115 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 Bmb Music (BmbMusic)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	2.36	2.25	2.36	2.11	5.82 times
28 Tue Nov 2023	2.22	2.45	2.45	2.22	0.171 times
30 Mon Oct 2023	2.34	2.58	2.83	2.34	5.533 times
25 Mon Sep 2023	2.58	2.38	2.58	2.27	0.047 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bmb Music (BmbMusic)

Price action analysis of Bmb Music ( (BmbMusic) ) based on a short 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 Bmb Music ( (BmbMusic) ) 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 Bmb Music ( (BmbMusic) ) 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 Bmb Music stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bmb Music 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.

Bmb Music 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 buy signal for Bmb Music in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bmb Music is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.38 and Bmb Music (BmbMusic) 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 Bmb Music (BmbMusic) stock. Volume based technical analysis of Bmb Music (BmbMusic) stock is negative.

Bmb Music 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.