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Bits Limited

BITS.BO Technical Analysis Summary (BSE)

Analyze BITS.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BITS.BO●BSE
Consumer DefensiveEducation & Training Services
₹7.36
₹0.66(9.85%)
Indian Market is Open · 12:36

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BITS.BO Technical Analysis Summary (BSE)

Bits Limited (BSE: BITS.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.12)
Trend Strength:Very Strong (ADX: 40.83)
Volatility:High (ATR: 0.48)
Support/Resistance:$6.93 – $7.70 (Bollinger Bands)

Technical conditions suggest Bits Limited on the BSE is awaiting a decisive move. Overall, Bits Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.12

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 54.58

Neutral
Mid-range signal with no clear trend.

Williams %R: -46.20

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -5.57

Strongly Bearish
Sharp downside momentum.

Takeaway:Bits Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 40.83

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.48

Low
Low volatility, stable price action.

CCI (14): -106.53

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bits Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.70
Middle Band (SMA 20)
$7.31
Lower Band
$6.93
Current Position
Within Bands

Takeaway:Bits Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$8.24
Middle Line (EMA 20)
$7.29
Lower Channel
$6.33
Squeeze Status
Squeeze On

Takeaway:Bits Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-632.11K
Money Flow Index43.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.99Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BITS.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Bits Limited (BSE: BITS.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Bits Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: BITS.BO) Technical Analysis FAQ