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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 2022-05-16 View latest technical analysis

10 day averaged volume of Balmer La is 14374

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 367.85 366.90 368.00 365.00 0.716 times
13 Fri May 2022 363.85 367.95 367.95 362.80 0.978 times
12 Thu May 2022 363.45 368.05 368.05 361.00 0.915 times
11 Wed May 2022 367.40 370.00 370.50 365.15 0.977 times
10 Tue May 2022 368.40 368.05 371.85 368.00 0.524 times
09 Mon May 2022 368.40 371.90 371.95 367.75 1.069 times
06 Fri May 2022 369.90 372.20 372.25 368.00 0.988 times
05 Thu May 2022 372.00 372.65 377.25 371.00 0.946 times
04 Wed May 2022 372.15 372.25 375.50 371.40 1.346 times
02 Mon May 2022 372.60 375.75 376.00 372.05 1.201 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 367.7 as stoploss in an intra day buy trade for a target of 371.55. However, stock will show a bearish move below 367.7.

Share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Target 361.00
Upside Target 372.00
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 365.9
Downside Intraday Target 363.95
Upside Intraday Target 368.9
Upside Intraday Target 369.95
Downside Intraday Target 366.95

Weekly technical analysis of Balmer La (BalmerLa)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 367.85 366.90 368.00 365.00 0.16 times
13 Fri May 2022 363.85 371.90 371.95 361.00 0.996 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

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 Balmer La (BalmerLa)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 367.85 375.75 377.25 361.00 0.173 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 8, 22, 49 Sell
MACD -4, -3Sell
Stochastics 24Sell
CCI -57Buy
RSI 51Buy
OBV 56593Sell
VWAP 369Sell
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 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 losing momentum.

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

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

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 moving up

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 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 368.88 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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