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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 2024-02-05 View latest technical analysis

10 day averaged volume of Bmb Music is 8012

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	2.58	2.60	2.60	2.58	0.283 times
29 Mon Jan 2024	2.58	2.58	2.58	2.58	0.244 times
23 Tue Jan 2024	2.46	2.46	2.46	2.46	0.028 times
15 Mon Jan 2024	2.58	2.75	2.77	2.58	1.037 times
08 Mon Jan 2024	2.71	2.71	2.71	2.47	4.092 times
01 Mon Jan 2024	2.59	2.59	2.59	2.59	1.865 times
18 Mon Dec 2023	2.47	2.47	2.47	2.47	0.25 times
11 Mon Dec 2023	2.36	2.29	2.36	2.29	0.164 times
04 Mon Dec 2023	2.25	2.25	2.25	2.11	1.965 times
28 Tue Nov 2023	2.22	2.33	2.33	2.22	0.356 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2.6 as stoploss in an intra day sell trade for a target of 2.48. However, stock will show a bullish move above 2.6.

Share price targets for Bmb Music (BmbMusic)

Target Type	Value
Downside Target	2.11
Downside Target	2.22
Downside Target	2.34
Downside Target	2.45
Downside Target	2.58
Upside Target	2.59
Upside Target	2.60
Upside Target	2.71
Upside Target	2.77
Upside Target	2.83

Intraday share price targets for Bmb Music (BmbMusic)

Target Type	Value
Downside Intraday Target	2.57
Downside Intraday Target	2.57
Upside Intraday Target	2.59
Upside Intraday Target	2.61
Upside Intraday Target	2.59

Weekly technical analysis of Bmb Music (BmbMusic)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	2.58	2.60	2.60	2.58	1.159 times
29 Mon Jan 2024	2.58	2.58	2.58	2.58	0.229 times
23 Tue Jan 2024	2.46	2.75	2.77	2.46	0.26 times
08 Mon Jan 2024	2.71	2.71	2.71	2.47	2.194 times
01 Mon Jan 2024	2.59	2.59	2.59	2.59	7.471 times

Price has moved down 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
05 Mon Feb 2024	2.58	2.60	2.60	2.58	0.039 times
29 Mon Jan 2024	2.58	2.59	2.77	2.46	3.055 times
18 Mon Dec 2023	2.47	2.25	2.47	2.11	6.503 times
28 Tue Nov 2023	2.22	2.45	2.45	2.22	0.171 times

Scroll below to view daily charts

Price has moved down 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bmb Music stock for short term is BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bmb Music in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 Bmb Music is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.55 and Bmb Music (BmbMusic) 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 Bmb Music (BmbMusic) stock. Volume based technical analysis of Bmb Music (BmbMusic) stock is negative.

Bmb Music Stock is giving positive 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.