Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2022-05-06 View latest technical analysis

10 day averaged volume of Balmer La is 18614

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 369.90 372.20 372.25 368.00 0.763 times
05 Thu May 2022 372.00 372.65 377.25 371.00 0.73 times
04 Wed May 2022 372.15 372.25 375.50 371.40 1.04 times
02 Mon May 2022 372.60 375.75 376.00 372.05 0.927 times
29 Fri Apr 2022 374.80 375.95 378.00 374.10 0.815 times
28 Thu Apr 2022 375.25 375.00 376.30 374.05 0.255 times
27 Wed Apr 2022 375.25 375.35 376.15 372.00 1.355 times
26 Tue Apr 2022 376.55 375.70 378.00 374.50 0.676 times
25 Mon Apr 2022 373.20 376.75 376.75 371.25 0.842 times
22 Fri Apr 2022 376.80 376.25 379.00 374.25 1.92 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 370.5, but if it comes above 370.5, then a intra day buy could be more profitable.
If you take a sell trade below 370.5, then use 370.5 as stoploss and 367.7 as target. However if you take a buy trade in stock , then use 370.5 as stoploss and 372.75 as target.

Share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Target 362.25
Upside Target 375.05
Upside Target 377.25
Upside Target 378.00
Upside Target 379.00
Upside Target 385.90
Upside Target 396.00
Upside Target 424.00

Intraday share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Intraday Target 366.18
Downside Intraday Target 362.47
Upside Intraday Target 375.43
Upside Intraday Target 380.97
Upside Intraday Target 371.72

Weekly technical analysis of Balmer La (BalmerLa)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 369.90 375.75 377.25 368.00 0.878 times
29 Fri Apr 2022 374.80 376.75 378.00 371.25 0.271 times
22 Fri Apr 2022 376.80 375.00 379.00 370.00 1.186 times
13 Wed Apr 2022 370.10 372.00 373.95 369.80 1.159 times
08 Fri Apr 2022 370.65 371.00 375.05 369.30 1.921 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 Balmer La (BalmerLa)

Date Monthly Closing Price Open High Low Volume
06 Fri May 2022 369.90 375.75 377.25 368.00 0.08 times
29 Fri Apr 2022 374.80 371.60 379.00 369.30 2.789 times
31 Thu Mar 2022 369.40 375.70 385.90 365.00 1.095 times
28 Mon Feb 2022 373.80 378.95 396.00 362.25 0.322 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 Balmer La (BalmerLa)

Indicator Name Indicator Value Indicator Signal
ADX 14, 20, 15 Sell
MACD -2, -1Sell
Stochastics 14Sell
CCI -190Sell
RSI 52Buy
OBV 194880Sell
VWAP 374Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Balmer La ( (BalmerLa) ) 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 Balmer La ( (BalmerLa) ) based on a short term time period is

Price action analysis of Balmer La ( (BalmerLa) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Balmer La ( (BalmerLa) ) 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 Balmer La stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Balmer La Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Balmer La is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 374.14 and Balmer La (BalmerLa) 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 Balmer La (BalmerLa) stock. Volume based technical analysis of Balmer La (BalmerLa) stock is negative.

Balmer La 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.

Click here for Balmer La charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme