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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 2022-11-18 View latest technical analysis

10 day averaged volume of Balmer La is 23304

Date Daily Closing Price Open High Low Volume
18 Fri Nov 2022 370.20 371.95 372.00 369.05 0.486 times
17 Thu Nov 2022 370.70 361.85 371.70 360.15 1.916 times
16 Wed Nov 2022 362.00 362.00 363.00 359.85 0.332 times
15 Tue Nov 2022 362.45 364.15 364.15 360.55 0.721 times
14 Mon Nov 2022 362.20 359.95 364.15 358.05 0.638 times
11 Fri Nov 2022 357.40 360.00 364.15 356.10 2.481 times
10 Thu Nov 2022 359.15 362.75 362.75 357.05 1.251 times
09 Wed Nov 2022 362.70 364.95 365.50 361.75 0.834 times
07 Mon Nov 2022 363.25 365.95 367.90 361.55 0.925 times
04 Fri Nov 2022 364.95 364.90 368.00 363.00 0.472 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 369.8, for a target of 366.1 or 363.01

Share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Target 353.20
Downside Target 368.25
Downside Target 368.60
Downside Target 370.00
Upside Target 372.00
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 361.5
Downside Intraday Target 352.8
Upside Intraday Target 375.45
Upside Intraday Target 380.7
Downside Intraday Target 366.75

Weekly technical analysis of Balmer La (BalmerLa)

Date Weekly Closing Price Open High Low Volume
18 Fri Nov 2022 370.20 359.95 372.00 358.05 0.746 times
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

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
18 Fri Nov 2022 370.20 363.35 372.00 356.10 1.014 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 23, 13, 29 Buy
MACD -5, -7Buy
Stochastics 77Buy
CCI 171Buy
RSI 55Buy
OBV -31905Sell
VWAP 363Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 to mid 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 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 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.

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 HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a buy signal for Balmer La in short term and BUY signal is strong.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Balmer La is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 362.92 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 positive

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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