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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 6420

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 105.00 110.00 112.20 104.50 0.364 times
06 Mon May 2024 110.00 111.40 111.40 105.00 5.036 times
03 Fri May 2024 106.73 106.73 106.73 106.73 2.248 times
02 Thu May 2024 101.65 101.65 101.65 101.65 0.935 times
30 Tue Apr 2024 96.81 96.70 96.81 96.70 0.378 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 99.5, but if it comes below 99.5, then a intra day sell could be more profitable.
If you take a sell trade below 99.5, then use 99.5 as stoploss and 92.17 as target. However if you take a buy trade in stock , then use 99.5 as stoploss and 108.4 as target.

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 96.81
Downside Target 101.65
Downside Target 104.50
Upside Target 106.00
Upside Target 106.73
Upside Target 107.22
Upside Target 112.20

Intraday share price targets for Bafna Pharma (BafnaPharma)

Target Type Value
Downside Intraday Target 102.27
Downside Intraday Target 99.53
Upside Intraday Target 109.97
Upside Intraday Target 114.93
Upside Intraday Target 107.23

Weekly technical analysis of Bafna Pharma (BafnaPharma)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 105.00 111.40 112.20 104.50 1.208 times
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

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 Bafna Pharma (BafnaPharma)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 105.00 101.65 112.20 101.65 3.193 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bafna Pharma (BafnaPharma)

Indicator Name Indicator Value Indicator Signal
ADX 54, 9, 73 Buy
MACD 8, 4Buy
Stochastics 89Buy
CCI 92Sell
RSI 62Buy
OBV 58996Sell
VWAP 106Sell
ADL 0Sell
ROC 24Buy
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 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 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 coming down

CCI has generated a SELL signal for Bafna Pharma in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 105.9 and Bafna Pharma (BafnaPharma) 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 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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