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(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 2022-05-10 View latest technical analysis

10 day averaged volume of Balmer La is 15316

Date Daily Closing Price Open High Low Volume
10 Tue May 2022 368.40 368.05 371.85 368.00 0.492 times
09 Mon May 2022 368.40 371.90 371.95 367.75 1.003 times
06 Fri May 2022 369.90 372.20 372.25 368.00 0.927 times
05 Thu May 2022 372.00 372.65 377.25 371.00 0.888 times
04 Wed May 2022 372.15 372.25 375.50 371.40 1.264 times
02 Mon May 2022 372.60 375.75 376.00 372.05 1.127 times
29 Fri Apr 2022 374.80 375.95 378.00 374.10 0.991 times
28 Thu Apr 2022 375.25 375.00 376.30 374.05 0.31 times
27 Wed Apr 2022 375.25 375.35 376.15 372.00 1.646 times
26 Tue Apr 2022 376.55 375.70 378.00 374.50 0.822 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, but if it comes above 370, then a intra day buy could be more profitable.
If you take a sell trade below 370, then use 370 as stoploss and 366.9 as target. However if you take a buy trade in stock , then use 370 as stoploss and 372.53 as target.

Share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Target 362.25
Upside Target 373.95
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 366.78
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
10 Tue May 2022 368.40 371.90 371.95 367.75 0.356 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
10 Tue May 2022 368.40 375.75 377.25 367.75 0.108 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 12, 17, 18 Sell
MACD -3, -2Sell
Stochastics 10Sell
CCI -117Buy
RSI 53Buy
OBV 182952Sell
VWAP 373Sell
ADL 0Sell
ROC -1Sell
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 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 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 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 buy signal for Balmer La in short term but BUY signal is weak.

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 372.68 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

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Daily chart

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