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

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

Showing technical analysis as on 2023-05-24 View latest technical analysis

10 day averaged volume of Biofil Chem is 2191

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed May 2023	42.72	41.01	44.00	41.01	2.711 times
23 Tue May 2023	42.75	43.55	43.65	42.75	0.324 times
22 Mon May 2023	43.03	43.95	44.04	42.51	1.099 times
19 Fri May 2023	43.95	45.50	45.50	43.05	0.234 times
18 Thu May 2023	43.37	43.65	43.90	43.37	0.172 times
17 Wed May 2023	43.63	44.04	44.80	43.13	0.643 times
16 Tue May 2023	44.00	46.00	46.00	43.05	1.004 times
15 Mon May 2023	44.23	44.62	44.95	43.55	1.162 times
12 Fri May 2023	44.62	44.25	45.49	43.00	3.056 times
11 Thu May 2023	44.51	44.50	44.68	44.15	0.751 times

Stock of Biofil Chem (BiofilChem) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.4, for a target of 43.4 or 44.25

Share price targets for Biofil Chem (BiofilChem)

Target Type	Value
Downside Target	35.14
Downside Target	41.00
Upside Target	42.95
Upside Target	45.50
Upside Target	46.00
Upside Target	46.24
Upside Target	46.70
Upside Target	48.00
Upside Target	53.00
Upside Target	58.90

Intraday share price targets for Biofil Chem (BiofilChem)

Target Type	Value
Downside Intraday Target	41.14
Downside Intraday Target	39.56
Upside Intraday Target	44.17
Upside Intraday Target	45.62
Downside Intraday Target	42.59

Weekly technical analysis of Biofil Chem (BiofilChem)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed May 2023	42.72	43.95	44.04	41.01	1.286 times
19 Fri May 2023	43.95	44.62	46.00	43.05	0.472 times
12 Fri May 2023	44.62	44.75	45.50	43.00	0.718 times
05 Fri May 2023	44.65	45.05	46.00	43.75	0.754 times
28 Fri Apr 2023	45.81	44.25	46.70	43.05	1.67 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biofil Chem (BiofilChem)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed May 2023	42.72	45.05	46.00	41.01	0.622 times
28 Fri Apr 2023	45.81	41.46	48.00	41.00	0.614 times
31 Fri Mar 2023	41.44	46.05	46.24	35.14	1.098 times
28 Tue Feb 2023	44.95	51.00	53.00	42.95	1.097 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 Biofil Chem (BiofilChem)

Price action analysis of Biofil Chem ( (BiofilChem) ) 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 Biofil Chem ( (BiofilChem) ) based on a short to mid 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 Biofil Chem ( (BiofilChem) ) 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 Biofil Chem stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Biofil Chem 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Biofil Chem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.75 and Biofil Chem (BiofilChem) 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 Biofil Chem (BiofilChem) stock. Volume based technical analysis of Biofil Chem (BiofilChem) stock is negative.

Biofil Chem 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.