(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 2022-05-11 View latest technical analysis
10 day averaged volume of Balmer La is 14502
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 367.40 | 370.00 | 370.50 | 365.15 | 0.968 times |
| 10 Tue May 2022 | 368.40 | 368.05 | 371.85 | 368.00 | 0.52 times |
| 09 Mon May 2022 | 368.40 | 371.90 | 371.95 | 367.75 | 1.06 times |
| 06 Fri May 2022 | 369.90 | 372.20 | 372.25 | 368.00 | 0.979 times |
| 05 Thu May 2022 | 372.00 | 372.65 | 377.25 | 371.00 | 0.937 times |
| 04 Wed May 2022 | 372.15 | 372.25 | 375.50 | 371.40 | 1.335 times |
| 02 Mon May 2022 | 372.60 | 375.75 | 376.00 | 372.05 | 1.19 times |
| 29 Fri Apr 2022 | 374.80 | 375.95 | 378.00 | 374.10 | 1.046 times |
| 28 Thu Apr 2022 | 375.25 | 375.00 | 376.30 | 374.05 | 0.327 times |
| 27 Wed Apr 2022 | 375.25 | 375.35 | 376.15 | 372.00 | 1.739 times |
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 366.3, for a target of 369.6 or 372.37
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 | 364.38 |
| Downside Intraday Target | 361.37 |
| Upside Intraday Target | 371.18 |
| Upside Intraday Target | 374.97 |
| Upside Intraday Target | 368.17 |
Weekly technical analysis of Balmer La (BalmerLa)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 367.40 | 371.90 | 371.95 | 365.15 | 0.574 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 |
| 11 Wed May 2022 | 367.40 | 375.75 | 377.25 | 365.15 | 0.126 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 | 10, 21, 34 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 10 | Sell |
| CCI | -123 | Sell |
| RSI | 54 | Buy |
| OBV | 131416 | Sell |
| VWAP | 372 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | 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 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 Strong 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 weakening, and bulls are picking up momentum!
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 negative zone. This is the SELL 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 371.84 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.
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