506981 NEWS why is Bl.chip Tex price falling or rising

506981 NEWS reasons for why stock price of Bl.chip Tex is falling or rising

506981 Bl Chip is falling or rising technical reasons

Technical analysis forecast for Bl Chip Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bl Chip 506981 at this time. Stock is falling and might fall more.

It appears as if Bl Chip 506981 gave a large move recently.

Stock of Bl Chip (506981) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bl Chip is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bl Chip stays below 170.8, but if it comes above 170.8, then a intra day buy could be more profitable.
If you take a sell trade below 170.8, then use 170.8 as stoploss and 165.2 as target. However if you take a buy trade in Bl Chip, then use 170.8 as stoploss and 175.57 as target.

506981 Bl Chip is falling or rising NEWS fundamental reasons

More announcements and NEWS

506981 Bl.chip Tex current price & indicator signals

Moving Averages for Bl.chip Tex

  • 5Day Average: 170.85
  • 12Day Average: 175.33
  • 20Day Average: 177.04
  • 50Day Average: 177.59
  • 100Day Average: 167.45
  • 150Day Average: 158.59
  • 200Day Average: 154.09

506981 Indicators & signals

Indicator MACD (12,26,9)

173.93, 176.09, -0.98
Indicator MACD is in negative zone

Indicator ADX (14)

18.31, 12.6, 18.24
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 506981 Bl.chip Tex are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 170.00 167.00 to 176.50 0.77% 2.03 times
23 Tue Apr 2024 168.70 166.30 to 171.90 -0.76% 0.69 times
22 Mon Apr 2024 170.00 166.60 to 174.00 -0.32% 0.19 times
19 Fri Apr 2024 170.55 166.05 to 180.00 -2.54% 2.04 times
18 Thu Apr 2024 175.00 171.25 to 180.00 -0.57% 1.99 times
16 Tue Apr 2024 176.00 175.25 to 184.00 0.43% 1.47 times
15 Mon Apr 2024 175.25 173.00 to 180.00 -2.64% 1.92 times
12 Fri Apr 2024 180.00 175.15 to 180.90 0.73% 0.28 times
10 Wed Apr 2024 178.70 178.55 to 182.95 -2.24% 0.82 times
09 Tue Apr 2024 182.80 174.00 to 182.95 3.28% 0.54 times
08 Mon Apr 2024 177.00 177.00 to 182.80 -1.67% 0.05 times
05 Fri Apr 2024 180.00 177.95 to 182.80 1.15% 0.26 times

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506981 NEWS why is Bl.chip Tex price falling or rising

 

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