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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 2024-08-02 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 2356

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	86.45	82.06	86.49	82.06	0.8 times
01 Thu Aug 2024	86.00	86.00	86.01	84.10	1.084 times
31 Wed Jul 2024	86.00	86.00	87.48	83.15	1.44 times
30 Tue Jul 2024	86.85	87.50	90.91	83.26	3.694 times
29 Mon Jul 2024	87.40	84.10	87.50	84.10	1.013 times
26 Fri Jul 2024	85.00	86.60	86.60	85.00	0.378 times
25 Thu Jul 2024	84.38	86.00	87.50	83.50	0.582 times
24 Wed Jul 2024	86.00	83.10	86.00	83.00	0.76 times
23 Tue Jul 2024	86.95	85.00	87.16	84.45	0.081 times
22 Mon Jul 2024	85.19	89.23	89.23	82.01	0.173 times

My analysis of stock is bearish for shortterm, and stock might move down till 84.9 or till 82.9. Use a stoploss of 86.6 and if the stock hits stoploss, then it can shoot up till 88.28

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	73.25
Downside Target	78.25
Downside Target	82.01
Downside Target	85.00
Upside Target	89.23
Upside Target	90.91
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	82.04
Downside Intraday Target	77.62
Upside Intraday Target	90.89
Upside Intraday Target	95.32
Upside Intraday Target	86.47

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	86.45	84.10	90.91	82.06	4.066 times
26 Fri Jul 2024	85.00	89.23	89.23	82.01	0.422 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

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 Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	86.45	86.00	86.49	82.06	0.051 times
31 Wed Jul 2024	86.00	79.24	96.00	79.24	2.251 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

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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bafna Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

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 86.35 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 negative.

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