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

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

10 day averaged volume of Bafna Pharmaceuticals is 5982

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	104.45	104.45	104.45	104.45	0.616 times
02 Thu May 2024	99.50	99.50	99.50	99.50	1.044 times
30 Tue Apr 2024	94.80	94.80	94.80	94.80	0.782 times
29 Mon Apr 2024	90.30	88.95	90.30	88.95	1.393 times
26 Fri Apr 2024	86.00	85.00	89.95	85.00	0.25 times
25 Thu Apr 2024	86.85	88.70	88.70	85.00	2.045 times
24 Wed Apr 2024	86.50	88.85	88.90	85.00	3.553 times
23 Tue Apr 2024	86.00	85.10	87.90	85.10	0.283 times
22 Mon Apr 2024	85.30	86.80	87.90	83.25	0.088 times
19 Fri Apr 2024	86.80	85.15	86.95	85.10	0.247 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 100.2, for a target of 94.4 or 89.64

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.90
Downside Target	78.25
Downside Target	83.25
Downside Target	85.10
Downside Target	88.50
Downside Target	92.70
Downside Target	94.80
Downside Target	99.50
Downside Target	101.80
Downside Target	104.45
Upside Target	107.80

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	94.12
Downside Intraday Target	83.78
Upside Intraday Target	109.62
Upside Intraday Target	114.78
Downside Intraday Target	99.28

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	104.45	88.95	104.45	88.95	0.617 times
26 Fri Apr 2024	86.00	86.80	89.95	83.25	2.957 times
19 Fri Apr 2024	86.80	87.00	88.50	85.10	0.789 times
12 Fri Apr 2024	87.00	92.45	92.45	85.50	0.882 times
05 Fri Apr 2024	88.50	79.00	92.70	78.25	0.229 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	104.45	99.50	104.45	99.50	0.103 times
30 Tue Apr 2024	94.80	79.00	94.80	78.25	0.647 times
28 Thu Mar 2024	78.35	90.90	91.10	75.90	0.992 times
29 Thu Feb 2024	87.50	98.00	101.80	86.00	0.651 times

Scroll below to view daily charts

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 Pharmaceuticals (BAFNAPH_BE)

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Pharmaceuticals ( (BAFNAPH_BE) ) 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 Pharmaceuticals ( (BAFNAPH_BE) ) 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 Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bafna Pharmaceuticals 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 Pharmaceuticals 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 Bafna Pharmaceuticals 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bafna Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 90.08 and Bafna Pharmaceuticals (BAFNAPH_BE) 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 Pharmaceuticals (BAFNAPH_BE) stock. Volume based technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) stock is negative.

Bafna Pharmaceuticals 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.