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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 2023-05-30 View latest technical analysis

10 day averaged volume of Balmer La is 55765

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue May 2023	413.40	415.00	419.70	411.50	1.723 times
29 Mon May 2023	408.15	401.90	411.90	401.90	1.069 times
26 Fri May 2023	400.60	398.40	409.95	398.40	1.457 times
25 Thu May 2023	410.95	402.00	412.50	395.65	2.177 times
24 Wed May 2023	394.00	402.05	410.00	392.00	2.716 times
23 Tue May 2023	391.25	391.90	396.45	389.05	1.435 times
22 Mon May 2023	387.85	385.30	389.00	383.05	0.151 times
19 Fri May 2023	385.35	382.00	388.00	379.90	0.247 times
18 Thu May 2023	381.95	385.90	385.90	381.30	0.314 times
17 Wed May 2023	383.15	384.80	387.00	382.70	0.3 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 412.1, for a target of 400.7 or 391.12

Share price targets for Balmer La (BalmerLa)

Target Type	Value
Downside Target	351.25
Downside Target	369.80
Downside Target	383.05
Downside Target	389.75
Downside Target	397.20
Downside Target	398.00
Downside Target	401.90
Downside Target	412.50
Upside Target	419.70

Intraday share price targets for Balmer La (BalmerLa)

Target Type	Value
Downside Intraday Target	403.63
Downside Intraday Target	393.87
Upside Intraday Target	421.43
Upside Intraday Target	429.47
Downside Intraday Target	411.67

Weekly technical analysis of Balmer La (BalmerLa)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue May 2023	413.40	401.90	419.70	401.90	0.352 times
26 Fri May 2023	400.60	385.30	412.50	383.05	4.379 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

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
30 Tue May 2023	413.40	379.00	419.70	377.00	4.032 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, and volume has increased substantially. This means that the move can 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 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 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 BUY signal for Balmer La in short term and the buy signal is strong.

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 tired and bears 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 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 400.99 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.