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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 2023-05-30 View latest technical analysis

10 day averaged volume of Biofil Chem is 2196

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue May 2023	45.04	43.14	46.80	43.05	6.038 times
29 Mon May 2023	43.74	43.25	44.40	42.95	1.262 times
26 Fri May 2023	43.87	44.35	44.35	43.25	1.236 times
25 Thu May 2023	43.41	43.36	44.55	43.00	1.329 times
24 Wed May 2023	42.72	41.01	44.00	41.01	2.705 times
23 Tue May 2023	42.75	43.55	43.65	42.75	0.323 times
22 Mon May 2023	43.03	43.95	44.04	42.51	1.096 times
19 Fri May 2023	43.95	45.50	45.50	43.05	0.233 times
18 Thu May 2023	43.37	43.65	43.90	43.37	0.171 times
17 Wed May 2023	43.63	44.04	44.80	43.13	0.641 times

Stock of Biofil Chem (BiofilChem) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.9, but if it comes below 44.9, then a intra day sell could be more profitable.
If you take a sell trade below 44.9, then use 44.9 as stoploss and 44.12 as target. However if you take a buy trade in stock , then use 44.9 as stoploss and 45.9 as target.

Share price targets for Biofil Chem (BiofilChem)

Target Type	Value
Downside Target	35.14
Downside Target	41.00
Downside Target	42.95
Upside Target	45.50
Upside Target	46.00
Upside Target	46.24
Upside Target	46.80
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	43.06
Downside Intraday Target	41.08
Upside Intraday Target	46.91
Upside Intraday Target	48.78
Downside Intraday Target	44.93

Weekly technical analysis of Biofil Chem (BiofilChem)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue May 2023	45.04	43.25	46.80	42.95	1.091 times
26 Fri May 2023	43.87	43.95	44.55	41.01	2.086 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

Price has moved up 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
30 Tue May 2023	45.04	45.05	46.80	41.01	0.882 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Biofil Chem ( (BiofilChem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Biofil Chem ( (BiofilChem) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biofil Chem ( (BiofilChem) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Biofil Chem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Biofil Chem in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biofil Chem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Biofil Chem in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 43.98 and Biofil Chem (BiofilChem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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