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(BafnaPharma) Bafna Pharma complete technical analysis [charts+indicators] | Buy/Sell Bafna Pharma | (BafnaPharma) share price targets

Complete technical analysis of Bafna Pharma (BafnaPharma) by charts plus indicators, forecast predictions and share price targets for Bafna Pharma (BafnaPharma)

10 day averaged volume of Bafna Pharma is 2956

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 106.73 106.73 106.73 106.73 4.883 times
02 Thu May 2024 101.65 101.65 101.65 101.65 2.03 times
30 Tue Apr 2024 96.81 96.70 96.81 96.70 0.821 times
29 Mon Apr 2024 92.20 89.98 92.20 89.98 1.974 times
26 Fri Apr 2024 87.81 86.68 87.84 86.00 0.093 times

Stock of Bafna Pharma (BafnaPharma) has showed a significant upmove. This could be a good time to enter in this stock!

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 102, for a target of 95.5 or 90.08

Share price targets for Bafna Pharma (BafnaPharma)

Target Type Value
Downside Target 76.50
Downside Target 80.49
Downside Target 84.75
Downside Target 89.98
Downside Target 92.15
Downside Target 93.00
Downside Target 96.81
Downside Target 101.65
Downside Target 106.00
Downside Target 106.73
Upside Target 107.22

Intraday share price targets for Bafna Pharma (BafnaPharma)

Target Type Value
Downside Intraday Target 95.56
Downside Intraday Target 84.4
Upside Intraday Target 112.31
Upside Intraday Target 117.9
Downside Intraday Target 101.15

Weekly technical analysis of Bafna Pharma (BafnaPharma)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 106.73 89.98 106.73 89.98 34.618 times
26 Fri Apr 2024 87.81 88.89 90.21 86.00 5.838 times
19 Fri Apr 2024 84.75 87.39 87.39 84.75 0.063 times
12 Fri Apr 2024 87.69 88.51 92.49 85.28 0.394 times
05 Fri Apr 2024 88.61 80.49 93.00 80.49 1.004 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bafna Pharma (BafnaPharma)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 106.73 101.65 106.73 101.65 1.184 times
30 Tue Apr 2024 96.81 80.49 96.81 80.49 0.817 times
28 Thu Mar 2024 76.66 88.47 92.15 76.50 0.56 times
29 Thu Feb 2024 88.49 98.49 106.00 86.05 1.148 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 Bafna Pharma (BafnaPharma)

Indicator Name Indicator Value Indicator Signal
ADX 63, 13, 66 Buy
MACD 5, 2Buy
Stochastics 100Buy
CCI 169Buy
RSI 66Buy
OBV 33710Sell
VWAP 101Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Bafna Pharma ( (BafnaPharma) ) 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 Bafna Pharma ( (BafnaPharma) ) 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 Bafna Pharma ( (BafnaPharma) ) based on a short to mid 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 Bafna Pharma ( (BafnaPharma) ) 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 Bafna Pharma stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bafna Pharma 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.

Bafna Pharma 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bafna Pharma 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 Bafna Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 101.46 and Bafna Pharma (BafnaPharma) 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 Bafna Pharma (BafnaPharma) stock. Volume based technical analysis of Bafna Pharma (BafnaPharma) stock is negative.

Bafna Pharma 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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