(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 2022-11-11 View latest technical analysis
10 day averaged volume of Balmer La is 14854
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 357.40 | 360.00 | 364.15 | 356.10 | 3.892 times |
| 10 Thu Nov 2022 | 359.15 | 362.75 | 362.75 | 357.05 | 1.962 times |
| 09 Wed Nov 2022 | 362.70 | 364.95 | 365.50 | 361.75 | 1.309 times |
| 07 Mon Nov 2022 | 363.25 | 365.95 | 367.90 | 361.55 | 1.451 times |
| 04 Fri Nov 2022 | 364.95 | 364.90 | 368.00 | 363.00 | 0.74 times |
| 03 Thu Nov 2022 | 363.65 | 361.00 | 365.75 | 360.95 | 0.676 times |
| 02 Wed Nov 2022 | 365.00 | 366.00 | 366.10 | 362.55 | 0.958 times |
| 01 Tue Nov 2022 | 363.20 | 363.35 | 364.00 | 361.05 | 1.069 times |
| 31 Mon Oct 2022 | 362.05 | 361.30 | 363.85 | 361.30 | 0.415 times |
| 28 Fri Oct 2022 | 361.70 | 367.00 | 368.25 | 361.00 | 0.933 times |
Stock of Balmer La (BalmerLa) has showed a significant fall. This could be a good time to exit from this stock.
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 356.7, for a target of 359.5 or 361.84
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 | 353.03 |
| Downside Intraday Target | 348.67 |
| Upside Intraday Target | 364.83 |
| Upside Intraday Target | 372.27 |
| Upside Intraday Target | 360.47 |
Weekly technical analysis of Balmer La (BalmerLa)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 357.40 | 365.95 | 367.90 | 356.10 | 2.232 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, 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 |
| 11 Fri Nov 2022 | 357.40 | 363.35 | 368.00 | 356.10 | 0.661 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, 20, 14 | Sell |
| MACD | -9, -10 | Buy |
| Stochastics | 20 | Sell |
| CCI | -164 | Sell |
| RSI | 42 | Sell |
| OBV | -84213 | Sell |
| VWAP | 361 | 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Balmer La ( (BalmerLa) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Balmer La ( (BalmerLa) ) based on a short to mid 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 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 Weak and stock is losing 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 but selling is losing 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 360.99 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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