Advertisement

Ads Placeholder
Loading...

Bombay Wire Ropes Ltd

BOMBWIR.BOBSE
Industrials
Manufacturing - Metal Fabrication
42.00
3.30(8.53%)
Indian Market opens in 41h 11m

Bombay Wire Ropes Ltd (BOMBWIR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bombay Wire Ropes Ltd (BSE:BOMBWIR.BO).

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

BOMBWIR.BO Technical Analysis Summary

Bombay Wire Ropes Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.32)
Trend Strength:Weak (ADX: 18.74)
Volatility:High (ATR: 4.35)
Support/Resistance:$36.68 – $49.66 (Bollinger Bands)

This mix signals that Bombay Wire Ropes Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.32

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.91

Bearish
Momentum remains weak below midpoint.

Williams %R: -55.98

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -5.83

Strongly Bearish
Sharp downside momentum.

Takeaway:Bombay Wire Ropes Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.77

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.74

Weak
Weak trend, market trading sideways.

ATR (14): 4.35

Medium
Medium volatility, healthy price movement.

CCI (14): -14.06

Neutral
Neutral, no strong directional signal.

Takeaway:Bombay Wire Ropes Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$49.66
Middle Band (SMA 20)
$43.17
Lower Band
$36.68
Current Position
Within Bands

Takeaway:Bombay Wire Ropes Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$51.39
Middle Line (EMA 20)
$42.69
Lower Channel
$34.00
Squeeze Status
Squeeze On

Takeaway:Bombay Wire Ropes Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.41K
Money Flow Index32.62Bearish, selling pressure outweighs inflows.
Relative Vigor Index53.97Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Bombay Wire Ropes Ltd, here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Bombay Wire Ropes Ltd are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ