(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 2022-11-21 View latest technical analysis
10 day averaged volume of Balmer La is 23433
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 368.40 | 368.00 | 372.15 | 366.10 | 0.271 times |
| 18 Fri Nov 2022 | 370.20 | 371.95 | 372.00 | 369.05 | 0.483 times |
| 17 Thu Nov 2022 | 370.70 | 361.85 | 371.70 | 360.15 | 1.905 times |
| 16 Wed Nov 2022 | 362.00 | 362.00 | 363.00 | 359.85 | 0.33 times |
| 15 Tue Nov 2022 | 362.45 | 364.15 | 364.15 | 360.55 | 0.717 times |
| 14 Mon Nov 2022 | 362.20 | 359.95 | 364.15 | 358.05 | 0.635 times |
| 11 Fri Nov 2022 | 357.40 | 360.00 | 364.15 | 356.10 | 2.467 times |
| 10 Thu Nov 2022 | 359.15 | 362.75 | 362.75 | 357.05 | 1.244 times |
| 09 Wed Nov 2022 | 362.70 | 364.95 | 365.50 | 361.75 | 0.83 times |
| 07 Mon Nov 2022 | 363.25 | 365.95 | 367.90 | 361.55 | 0.92 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 366.6, but if it comes below 366.6, then a intra day sell could be more profitable.
If you take a sell trade below 366.6, then use 366.6 as stoploss and 363.42 as target. However if you take a buy trade in stock , then use 366.6 as stoploss and 370.5 as target.
Share price targets for Balmer La (BalmerLa)
| Target Type | Value |
| Downside Target | 353.20 |
| Upside Target | 368.60 |
| Upside Target | 370.00 |
| Upside Target | 372.00 |
| Upside Target | 372.15 |
| 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 | 365.62 |
| Downside Intraday Target | 362.83 |
| Upside Intraday Target | 371.67 |
| Upside Intraday Target | 374.93 |
| Upside Intraday Target | 368.88 |
Weekly technical analysis of Balmer La (BalmerLa)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 368.40 | 368.00 | 372.15 | 366.10 | 0.067 times |
| 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 |
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 |
| 21 Mon Nov 2022 | 368.40 | 363.35 | 372.15 | 356.10 | 1.037 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 | 21, 17, 11 | Buy |
| MACD | -4, -6 | Buy |
| Stochastics | 86 | Buy |
| CCI | 107 | Sell |
| RSI | 56 | Buy |
| OBV | -42862 | 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 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 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 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 BUY. 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.
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 SELL signal for Balmer La in short term but SELL signal is weak.
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 362.98 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.
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