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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 2024-08-08 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 2459

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	82.95	83.47	84.99	81.01	0.459 times
07 Wed Aug 2024	85.00	84.00	87.97	83.03	0.225 times
06 Tue Aug 2024	84.00	88.72	88.72	84.00	0.353 times
05 Mon Aug 2024	84.50	84.45	85.00	83.82	0.808 times
02 Fri Aug 2024	86.45	82.06	86.49	82.06	0.766 times
01 Thu Aug 2024	86.00	86.00	86.01	84.10	1.038 times
31 Wed Jul 2024	86.00	86.00	87.48	83.15	1.379 times
30 Tue Jul 2024	86.85	87.50	90.91	83.26	3.539 times
29 Mon Jul 2024	87.40	84.10	87.50	84.10	0.971 times
26 Fri Jul 2024	85.00	86.60	86.60	85.00	0.362 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 84.1, but if it comes above 84.1, then a intra day buy could be more profitable.
If you take a sell trade below 84.1, then use 84.1 as stoploss and 82.1 as target. However if you take a buy trade in stock , then use 84.1 as stoploss and 85.84 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	73.25
Downside Target	78.25
Downside Target	81.01
Upside Target	85.00
Upside Target	88.72
Upside Target	89.95
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	79.73
Downside Intraday Target	76.52
Upside Intraday Target	87.44
Upside Intraday Target	91.94
Upside Intraday Target	84.23

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	82.95	84.45	88.72	81.01	0.24 times
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

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
08 Thu Aug 2024	82.95	86.00	88.72	81.01	0.103 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 86.08 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 positive

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