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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)

10 day averaged volume of Balmer La is 22830

Date Daily Closing Price Open High Low Volume
24 Fri Mar 2023 355.20 354.90 358.85 354.10 0.6 times
23 Thu Mar 2023 355.55 354.15 359.85 354.15 0.412 times
22 Wed Mar 2023 355.80 354.65 359.95 354.65 0.54 times
21 Tue Mar 2023 355.60 358.90 362.00 354.10 0.545 times
20 Mon Mar 2023 357.00 358.95 358.95 354.40 0.612 times
17 Fri Mar 2023 355.35 356.35 357.80 353.90 0.852 times
16 Thu Mar 2023 356.10 358.05 358.05 352.95 1.533 times
15 Wed Mar 2023 357.95 357.00 361.00 356.40 0.921 times
14 Tue Mar 2023 357.60 361.00 362.00 357.50 1.08 times
13 Mon Mar 2023 359.30 360.05 362.50 358.55 1.395 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 356.3, but if it comes above 356.3, then a intra day buy could be more profitable.
If you take a sell trade below 356.3, then use 356.3 as stoploss and 352.6 as target. However if you take a buy trade in stock , then use 356.3 as stoploss and 359.34 as target.

Share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Target 352.95
Upside Target 363.35
Upside Target 363.65
Upside Target 365.90
Upside Target 369.80
Upside Target 373.75
Upside Target 375.00
Upside Target 385.00
Upside Target 386.90

Intraday share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Intraday Target 352.2
Downside Intraday Target 349.2
Upside Intraday Target 360.1
Upside Intraday Target 365
Upside Intraday Target 357.1

Weekly technical analysis of Balmer La (BalmerLa)

Date Weekly Closing Price Open High Low Volume
24 Fri Mar 2023 355.20 358.95 362.00 354.10 0.468 times
17 Fri Mar 2023 355.35 360.05 362.50 352.95 0.974 times
10 Fri Mar 2023 360.00 364.95 369.80 359.90 2.758 times
03 Fri Mar 2023 362.85 360.00 365.90 359.55 0.701 times
24 Fri Feb 2023 360.75 363.00 363.65 357.70 1.355 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
24 Fri Mar 2023 355.20 360.95 369.80 352.95 1.686 times
28 Tue Feb 2023 360.75 369.00 373.75 357.00 0.716 times
31 Tue Jan 2023 366.25 371.50 375.00 357.85 1.195 times
30 Fri Dec 2022 371.45 380.00 385.00 363.35 0.644 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Balmer La (BalmerLa)

Indicator Name Indicator Value Indicator Signal
ADX 11, 11, 1 Sell
MACD -4, -3Sell
Stochastics 23Sell
CCI -67Sell
RSI 52Buy
OBV -200106Sell
VWAP 357Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Balmer La ( (BalmerLa) ) based on a short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 gaining momentum.

MACD generated a SELL signal for Balmer La in short term and the sell signal is strong.

Balmer La Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 356.87 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.

Click here for Balmer La charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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