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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 2024-08-14 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 1760

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	87.45	85.19	89.40	85.10	1.629 times
13 Tue Aug 2024	85.19	84.98	85.19	84.00	1.355 times
12 Mon Aug 2024	81.14	81.26	81.88	81.14	1.17 times
09 Fri Aug 2024	81.14	82.55	84.89	80.77	0.451 times
08 Thu Aug 2024	82.95	83.47	84.99	81.01	0.641 times
07 Wed Aug 2024	85.00	84.00	87.97	83.03	0.314 times
06 Tue Aug 2024	84.00	88.72	88.72	84.00	0.493 times
05 Mon Aug 2024	84.50	84.45	85.00	83.82	1.128 times
02 Fri Aug 2024	86.45	82.06	86.49	82.06	1.07 times
01 Thu Aug 2024	86.00	86.00	86.01	84.10	1.451 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 86.8, but if it comes below 86.8, then a intra day sell could be more profitable.
If you take a sell trade below 86.8, then use 86.8 as stoploss and 85.04 as target. However if you take a buy trade in stock , then use 86.8 as stoploss and 88.9 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	73.25
Downside Target	78.25
Downside Target	85.45
Upside Target	88.72
Upside Target	89.40
Upside Target	89.95
Upside Target	90.91
Upside Target	91.35
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	82.59
Downside Intraday Target	77.74
Upside Intraday Target	90.85
Upside Intraday Target	94.26
Downside Intraday Target	86

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	87.45	81.26	89.40	81.14	1.372 times
09 Fri Aug 2024	81.14	84.45	88.72	80.77	0.282 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

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
14 Wed Aug 2024	87.45	86.00	89.40	80.77	0.197 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 84.86 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.