(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 2022-11-10 View latest technical analysis
10 day averaged volume of Balmer La is 12676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 359.15 | 362.75 | 362.75 | 357.05 | 2.299 times |
| 09 Wed Nov 2022 | 362.70 | 364.95 | 365.50 | 361.75 | 1.534 times |
| 07 Mon Nov 2022 | 363.25 | 365.95 | 367.90 | 361.55 | 1.7 times |
| 04 Fri Nov 2022 | 364.95 | 364.90 | 368.00 | 363.00 | 0.868 times |
| 03 Thu Nov 2022 | 363.65 | 361.00 | 365.75 | 360.95 | 0.793 times |
| 02 Wed Nov 2022 | 365.00 | 366.00 | 366.10 | 362.55 | 1.123 times |
| 01 Tue Nov 2022 | 363.20 | 363.35 | 364.00 | 361.05 | 1.253 times |
| 31 Mon Oct 2022 | 362.05 | 361.30 | 363.85 | 361.30 | 0.486 times |
| 28 Fri Oct 2022 | 361.70 | 367.00 | 368.25 | 361.00 | 1.093 times |
| 27 Thu Oct 2022 | 363.50 | 361.85 | 364.80 | 360.20 | 0.57 times |
Stock of Balmer La (BalmerLa) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 359.7, but if it comes above 359.7, then a intra day buy could be more profitable.
If you take a sell trade below 359.7, then use 359.7 as stoploss and 357 as target. However if you take a buy trade in stock , then use 359.7 as stoploss and 361.9 as target.
Share price targets for Balmer La (BalmerLa)
| Target Type | Value |
| Downside Target | 353.20 |
| Upside Target | 368.00 |
| 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 | 354.83 |
| Downside Intraday Target | 350.52 |
| Upside Intraday Target | 365.68 |
| Upside Intraday Target | 372.22 |
| Upside Intraday Target | 361.37 |
Weekly technical analysis of Balmer La (BalmerLa)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 359.15 | 365.95 | 367.90 | 357.05 | 1.224 times |
| 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 |
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 Thu Nov 2022 | 359.15 | 363.35 | 368.00 | 357.05 | 0.448 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 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 | 15, 23, 23 | Sell |
| MACD | -9, -10 | Buy |
| Stochastics | 30 | Sell |
| CCI | -227 | Sell |
| RSI | 42 | Sell |
| OBV | -56603 | Sell |
| VWAP | 363 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Balmer La ( (BalmerLa) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Balmer La ( (BalmerLa) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Balmer La ( (BalmerLa) ) based on a short to mid 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 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 BUY signal for Balmer La in short term but the buy signal is initial and weak.
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 below 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 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 362.51 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