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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)

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 10619

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	85.45	85.45	85.45	85.45	0.105 times
27 Mon May 2024	89.95	89.95	89.95	89.95	0.17 times
21 Tue May 2024	94.65	94.65	94.65	94.65	0.064 times
13 Mon May 2024	99.60	99.60	99.60	99.60	0.036 times
07 Tue May 2024	104.80	113.00	113.00	104.20	1.903 times
06 Mon May 2024	109.65	109.65	109.65	105.05	5.525 times
03 Fri May 2024	104.45	104.45	104.45	104.45	0.347 times
02 Thu May 2024	99.50	99.50	99.50	99.50	0.588 times
30 Tue Apr 2024	94.80	94.80	94.80	94.80	0.441 times
29 Mon Apr 2024	90.30	88.95	90.30	88.95	0.784 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 84.4 as stoploss in an intra day buy trade for a target of 91.91. However, stock will show a bearish move below 84.4.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.90
Downside Target	78.25
Downside Target	85.45
Upside Target	88.95
Upside Target	94.65
Upside Target	94.80
Upside Target	99.60
Upside Target	101.80
Upside Target	104.20
Upside Target	104.45
Upside Target	113.00

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	85.45
Downside Intraday Target	85.45
Downside Intraday Target	85.45
Downside Intraday Target	85.45
Downside Intraday Target	85.45

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	85.45	85.45	85.45	85.45	0.617 times
27 Mon May 2024	89.95	89.95	89.95	89.95	1.695 times
21 Tue May 2024	94.65	99.60	99.60	94.65	0.014 times
07 Tue May 2024	104.80	109.65	113.00	104.20	3.438 times
03 Fri May 2024	104.45	88.95	104.45	88.95	0.617 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 Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	85.45	85.45	85.45	85.45	0.012 times
27 Mon May 2024	89.95	99.50	113.00	89.95	0.947 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

Scroll below to view daily charts

Price has moved down 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bafna Pharmaceuticals in short term but the sell signal is initial and weak.

Bafna Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bafna Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 105.04 and Bafna Pharmaceuticals (BAFNAPH_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.