(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 2022-11-04 View latest technical analysis
10 day averaged volume of Balmer La is 9795
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 364.95 | 364.90 | 368.00 | 363.00 | 1.123 times |
| 03 Thu Nov 2022 | 363.65 | 361.00 | 365.75 | 360.95 | 1.026 times |
| 02 Wed Nov 2022 | 365.00 | 366.00 | 366.10 | 362.55 | 1.453 times |
| 01 Tue Nov 2022 | 363.20 | 363.35 | 364.00 | 361.05 | 1.621 times |
| 31 Mon Oct 2022 | 362.05 | 361.30 | 363.85 | 361.30 | 0.629 times |
| 28 Fri Oct 2022 | 361.70 | 367.00 | 368.25 | 361.00 | 1.414 times |
| 27 Thu Oct 2022 | 363.50 | 361.85 | 364.80 | 360.20 | 0.738 times |
| 25 Tue Oct 2022 | 361.85 | 367.95 | 368.00 | 360.10 | 0.752 times |
| 24 Mon Oct 2022 | 364.15 | 365.00 | 365.00 | 363.20 | 0.57 times |
| 21 Fri Oct 2022 | 359.90 | 358.00 | 363.00 | 358.00 | 0.625 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 364, but if it comes below 364, then a intra day sell could be more profitable.
If you take a sell trade below 364, then use 364 as stoploss and 361.85 as target. However if you take a buy trade in stock , then use 364 as stoploss and 366.7 as target.
Share price targets for Balmer La (BalmerLa)
| Target Type | Value |
| Downside Target | 353.20 |
| Upside Target | 368.25 |
| Upside Target | 368.60 |
| Upside Target | 370.00 |
| Upside Target | 384.00 |
| Upside Target | 389.00 |
| Upside Target | 429.40 |
| Upside Target | 433.90 |
Intraday share price targets for Balmer La (BalmerLa)
| Target Type | Value |
| Downside Intraday Target | 361.27 |
| Downside Intraday Target | 357.58 |
| Upside Intraday Target | 368.32 |
| Upside Intraday Target | 371.68 |
| Downside Intraday Target | 364.63 |
Weekly technical analysis of Balmer La (BalmerLa)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 364.95 | 361.30 | 368.00 | 360.95 | 1.684 times |
| 28 Fri Oct 2022 | 361.70 | 365.00 | 368.25 | 360.10 | 1.152 times |
| 21 Fri Oct 2022 | 359.90 | 360.00 | 364.95 | 357.00 | 0.28 times |
| 14 Fri Oct 2022 | 360.35 | 359.00 | 370.00 | 356.10 | 1.1 times |
| 07 Fri Oct 2022 | 361.50 | 364.95 | 370.00 | 353.20 | 0.869 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Balmer La (BalmerLa)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 364.95 | 363.35 | 368.00 | 360.95 | 0.189 times |
| 31 Mon Oct 2022 | 362.05 | 364.95 | 370.00 | 353.20 | 0.211 times |
| 30 Fri Sep 2022 | 363.40 | 425.00 | 433.90 | 359.05 | 1.703 times |
| 30 Tue Aug 2022 | 424.80 | 387.40 | 429.40 | 384.00 | 5.584 times |
Scroll below to view daily charts
Price has moved up 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 | 20, 17, 8 | Buy |
| MACD | -9, -12 | Buy |
| Stochastics | 65 | None |
| CCI | 143 | Buy |
| RSI | 40 | Sell |
| OBV | -50677 | Sell |
| VWAP | 363 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Balmer La ( (BalmerLa) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Balmer La ( (BalmerLa) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Balmer La ( (BalmerLa) ) based on a short to mid term time period is
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Balmer La in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Balmer La Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up
CCI has generated a buy signal for Balmer La in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 363.19 and Balmer La (BalmerLa) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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