(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 2022-05-09 View latest technical analysis
10 day averaged volume of Balmer La is 17353
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||368.40||371.90||371.95||367.75||0.885 times|
|06 Fri May 2022||369.90||372.20||372.25||368.00||0.818 times|
|05 Thu May 2022||372.00||372.65||377.25||371.00||0.783 times|
|04 Wed May 2022||372.15||372.25||375.50||371.40||1.115 times|
|02 Mon May 2022||372.60||375.75||376.00||372.05||0.994 times|
|29 Fri Apr 2022||374.80||375.95||378.00||374.10||0.874 times|
|28 Thu Apr 2022||375.25||375.00||376.30||374.05||0.274 times|
|27 Wed Apr 2022||375.25||375.35||376.15||372.00||1.453 times|
|26 Tue Apr 2022||376.55||375.70||378.00||374.50||0.725 times|
|25 Mon Apr 2022||373.20||376.75||376.75||371.25||0.903 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 370.2, but if it comes above 370.2, then a intra day buy could be more profitable.
If you take a sell trade below 370.2, then use 370.2 as stoploss and 367.3 as target. However if you take a buy trade in stock , then use 370.2 as stoploss and 372.64 as target.
Share price targets for Balmer La (BalmerLa)
Intraday share price targets for Balmer La (BalmerLa)
|Downside Intraday Target||366.78|
|Downside Intraday Target||365.17|
|Upside Intraday Target||370.98|
|Upside Intraday Target||373.57|
|Upside Intraday Target||369.37|
Weekly technical analysis of Balmer La (BalmerLa)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||368.40||371.90||371.95||367.75||0.239 times|
|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|
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|
|09 Mon May 2022||368.40||375.75||377.25||367.75||0.099 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||13, 18, 17||Sell|
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 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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Balmer La is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 372.94 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.