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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 2023-05-23 View latest technical analysis

10 day averaged volume of Balmer La is 14646

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue May 2023	391.25	391.90	396.45	389.05	5.465 times
22 Mon May 2023	387.85	385.30	389.00	383.05	0.577 times
19 Fri May 2023	385.35	382.00	388.00	379.90	0.939 times
18 Thu May 2023	381.95	385.90	385.90	381.30	1.195 times
17 Wed May 2023	383.15	384.80	387.00	382.70	1.141 times
16 Tue May 2023	383.65	387.55	387.55	383.00	0.51 times
15 Mon May 2023	383.40	393.95	397.20	379.95	3.115 times
12 Fri May 2023	394.95	389.50	398.00	386.05	0.831 times
11 Thu May 2023	389.55	385.10	390.00	385.10	0.59 times
10 Wed May 2023	388.80	385.60	389.00	383.05	0.705 times

Stock of Balmer La (BalmerLa) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 389.2, but if it comes below 389.2, then a intra day sell could be more profitable.
If you take a sell trade below 389.2, then use 389.2 as stoploss and 384.09 as target. However if you take a buy trade in stock , then use 389.2 as stoploss and 395.3 as target.

Share price targets for Balmer La (BalmerLa)

Target Type	Value
Downside Target	351.25
Downside Target	369.30
Downside Target	379.95
Downside Target	383.05
Downside Target	389.75
Upside Target	396.45
Upside Target	397.20
Upside Target	398.00

Intraday share price targets for Balmer La (BalmerLa)

Target Type	Value
Downside Intraday Target	384.05
Downside Intraday Target	376.85
Upside Intraday Target	397.45
Upside Intraday Target	403.65
Downside Intraday Target	390.25

Weekly technical analysis of Balmer La (BalmerLa)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue May 2023	391.25	385.30	396.45	383.05	0.875 times
19 Fri May 2023	385.35	393.95	397.20	379.90	2.203 times
12 Fri May 2023	394.95	387.00	398.00	383.05	0.777 times
05 Fri May 2023	386.45	379.00	389.75	377.00	0.8 times
28 Fri Apr 2023	378.65	371.60	379.95	369.30	1.819 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
23 Tue May 2023	391.25	379.00	398.00	377.00	1.476 times
28 Fri Apr 2023	378.65	360.25	379.95	359.30	0.475 times
31 Fri Mar 2023	354.65	360.95	369.80	351.25	1.963 times
28 Tue Feb 2023	360.75	369.00	373.75	357.00	0.716 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)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Balmer La in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 387.54 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.