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(Balasore) Balasore complete technical analysis [charts+indicators] | Buy/Sell Balasore | (Balasore) share price targets

Complete technical analysis of Balasore (Balasore) by charts plus indicators, forecast predictions and share price targets for Balasore (Balasore)

10 day averaged volume of Balasore is 77567

Date Daily Closing Price Open High Low Volume
20 Mon Sep 2021 6.51 6.51 6.66 6.04 1.855 times
13 Mon Sep 2021 6.35 6.35 6.60 6.35 1.098 times
06 Mon Sep 2021 6.68 6.68 7.35 6.68 1.175 times
30 Mon Aug 2021 7.03 7.75 7.75 7.03 1.122 times
23 Mon Aug 2021 7.39 7.40 7.40 7.39 0.028 times
16 Mon Aug 2021 7.77 7.80 7.80 7.77 0.359 times
09 Mon Aug 2021 8.17 8.50 8.50 8.17 0.21 times
02 Mon Aug 2021 8.60 9.00 9.25 8.39 2.066 times
26 Mon Jul 2021 8.83 8.83 8.83 8.41 2.901 times
19 Mon Jul 2021 8.41 8.41 8.41 8.41 0.561 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.5 as stoploss in an intra day buy trade for a target of 7.26. However, stock will show a bearish move below 6.5.

Share price targets for Balasore (Balasore)

Target Type Value
Downside Target 5.99
Downside Target 6.35
Upside Target 6.60
Upside Target 7.02
Upside Target 7.27
Upside Target 7.35
Upside Target 7.39
Upside Target 7.40
Upside Target 7.63
Upside Target 7.75
Upside Target 8.83
Upside Target 9.25

Intraday share price targets for Balasore (Balasore)

Target Type Value
Downside Intraday Target 6.15
Downside Intraday Target 5.78
Upside Intraday Target 6.77
Upside Intraday Target 7.02
Downside Intraday Target 6.4

Weekly technical analysis of Balasore (Balasore)

Date Weekly Closing Price Open High Low Volume
20 Mon Sep 2021 6.51 6.51 6.66 6.04 1.689 times
13 Mon Sep 2021 6.35 6.35 6.60 6.35 0.934 times
06 Mon Sep 2021 6.68 6.68 7.35 6.68 1.048 times
30 Mon Aug 2021 7.03 7.75 7.75 7.03 40.092 times
23 Mon Aug 2021 7.39 7.40 7.40 7.39 0.078 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Balasore (Balasore)

Date Monthly Closing Price Open High Low Volume
20 Mon Sep 2021 6.51 6.68 7.35 6.04 1.091 times
30 Mon Aug 2021 7.03 9.00 9.25 7.03 0.788 times
26 Mon Jul 2021 8.83 7.63 8.83 7.63 0.54 times
28 Mon Jun 2021 7.27 6.50 7.27 5.99 0.695 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 Balasore (Balasore)

Indicator Name Indicator Value Indicator Signal
ADX 21, 42, 33 Sell
MACD -1, -1Sell
Stochastics 5Sell
CCI -109Sell
RSI 49Sell
OBV 383877Sell
VWAP 8Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

Price action analysis of Balasore ( (Balasore) ) 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 Balasore ( (Balasore) ) 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 Balasore ( (Balasore) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Balasore ( (Balasore) ) based on a mid to longer 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.

ADX buy sell signal for Balasore stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Balasore in short term and the sell signal is strong.

Balasore Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Balasore in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Balasore is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.7 and Balasore (Balasore) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Balasore (Balasore) stock. Volume based technical analysis of Balasore (Balasore) stock is negative.

Balasore Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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