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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 27290

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 753.95 744.90 758.00 736.00 0.968 times
07 Tue May 2024 734.85 746.00 754.50 727.00 2.132 times
06 Mon May 2024 722.05 728.90 729.00 715.25 0.697 times
03 Fri May 2024 721.30 729.75 734.90 714.00 0.66 times
02 Thu May 2024 721.95 724.00 742.00 714.00 1.207 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 761.4, for a target of 724.5 or 693.79

Share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Target 495.00
Downside Target 552.35
Downside Target 604.00
Downside Target 631.20
Downside Target 646.15
Downside Target 668.00
Downside Target 714.00
Downside Target 729.00
Downside Target 730.00
Downside Target 742.00
Upside Target 758.00
Upside Target 810.80

Intraday share price targets for Balmer La (BalmerLa)

Target Type Value
Downside Intraday Target 726.8
Downside Intraday Target 699.65
Upside Intraday Target 769.55
Upside Intraday Target 785.15
Downside Intraday Target 742.4

Weekly technical analysis of Balmer La (BalmerLa)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 753.95 728.90 758.00 715.25 1.221 times
03 Fri May 2024 721.30 724.00 742.00 714.00 0.535 times
26 Fri Apr 2024 714.50 669.80 729.00 668.00 3.071 times
19 Fri Apr 2024 658.35 664.10 680.00 631.20 0.59 times
12 Fri Apr 2024 677.05 675.00 685.00 646.15 1.074 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
08 Wed May 2024 753.95 724.00 758.00 714.00 0.374 times
30 Tue Apr 2024 722.65 619.00 730.00 615.00 1.204 times
28 Thu Mar 2024 611.15 626.60 654.90 552.35 0.424 times
29 Thu Feb 2024 626.60 699.00 810.80 604.00 0.637 times

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 36, 7, 69 Buy
MACD 49, 43Buy
Stochastics 81Buy
CCI 181Buy
RSI 58Buy
OBV 226090Sell
VWAP 724Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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

Although the stock is in the BUY zone, but buying 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 724.11 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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