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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 2022-11-04 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, -12Buy
Stochastics 65None
CCI 143Buy
RSI 40Sell
OBV -50677Sell
VWAP 363Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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.

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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