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Stock analysis Bank of India BANKINDIA

More indepth analysis on MunafaSutra.com

Moving Averages for Bank of India

  • 5Day Average: 143.22
  • 12Day Average: 142.1
  • 20Day Average: 141.53
  • 50Day Average: 138.92
  • 100Day Average: 130.79
  • 150Day Average: 121.87
  • 200Day Average: 113.09

BANKINDIA Indicators & signals

Indicator MACD (12,26,9)

142.69, 140.9, 1.27
Indicator MACD is in positive zone

Indicator ADX (14)

24.82, 31.78, 19.14
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BANKINDIA Bank of India are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 150.35 144.10 to 152.15 4.08% 3.17 times
24 Wed Apr 2024 144.45 143.60 to 145.35 0.1% 0.6 times
23 Tue Apr 2024 144.30 140.80 to 145.30 2.16% 1.72 times
22 Mon Apr 2024 141.25 137.50 to 141.90 4.05% 1.12 times
19 Fri Apr 2024 135.75 133.20 to 137.50 -1.49% 1.05 times
18 Thu Apr 2024 137.80 136.85 to 141.95 -0.47% 0.7 times
16 Tue Apr 2024 138.45 137.05 to 139.90 -0.22% 0.54 times
15 Mon Apr 2024 138.75 136.25 to 140.75 -3.38% 1.03 times
12 Fri Apr 2024 143.60 143.00 to 146.20 -0.59% 0.94 times
10 Wed Apr 2024 144.45 141.20 to 145.40 1.83% 1.27 times
09 Tue Apr 2024 141.85 141.20 to 146.50 -1.63% 1.03 times
08 Mon Apr 2024 144.20 143.45 to 150.70 -2.9% 1.27 times

Technical analysis forecast of Bank of India Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bank of India BANKINDIA at this time. Stock is rising and might rise more.

It appears as if Bank of India BANKINDIA gave a large move recently.

Stock of Bank of India (BANKINDIA) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Bank of India is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 152.1, for a target of 146.3 or 141.56

More indepth analysis on MunafaSutra.com