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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 2024-07-22 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 4809

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	85.19	89.23	89.23	82.01	0.085 times
19 Fri Jul 2024	85.00	84.20	85.00	82.81	0.39 times
18 Thu Jul 2024	84.17	85.58	85.58	83.52	0.207 times
16 Tue Jul 2024	85.58	86.77	87.98	83.28	0.268 times
15 Mon Jul 2024	86.77	91.34	91.35	86.77	1.429 times
12 Fri Jul 2024	91.34	90.00	91.54	87.04	1.89 times
11 Thu Jul 2024	87.19	89.70	91.00	85.20	0.969 times
10 Wed Jul 2024	89.69	86.50	90.00	85.00	0.164 times
09 Tue Jul 2024	87.32	86.50	89.85	86.10	0.305 times
08 Mon Jul 2024	86.43	92.49	92.49	85.35	0.415 times

My analysis of stock is bearish for shortterm, and stock might move down till 81.1 or till 76. Use a stoploss of 85.38 and if the stock hits stoploss, then it can shoot up till 89.66

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	73.25
Downside Target	75.90
Downside Target	82.01
Downside Target	85.00
Upside Target	89.23
Upside Target	91.10
Upside Target	91.35
Upside Target	92.49
Upside Target	94.80
Upside Target	96.00
Upside Target	113.00

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	81.72
Downside Intraday Target	78.26
Upside Intraday Target	88.94
Upside Intraday Target	92.7
Upside Intraday Target	85.48

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	85.19	89.23	89.23	82.01	0.037 times
19 Fri Jul 2024	85.00	91.34	91.35	82.81	0.613 times
12 Fri Jul 2024	91.34	92.49	92.49	85.00	0.467 times
05 Fri Jul 2024	88.23	79.24	96.00	79.24	5.445 times
24 Mon Jun 2024	75.47	77.11	77.11	73.25	0.234 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
22 Mon Jul 2024	85.19	79.24	96.00	79.24	1.765 times
24 Mon Jun 2024	75.47	85.45	85.45	73.25	0.42 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

Scroll below to view daily charts

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 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 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 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 losing momentum.

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

Bafna Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bafna Pharmaceuticals in short term but BUY signal is weak.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 88.05 and Bafna Pharmaceuticals (BAFNAPH_BE) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.