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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 2024-08-23 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 3058

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	80.89	81.95	82.97	80.03	1.592 times
22 Thu Aug 2024	81.95	83.00	83.00	80.01	0.36 times
21 Wed Aug 2024	82.79	80.21	83.41	80.21	0.498 times
20 Tue Aug 2024	80.08	82.05	86.13	80.00	4.018 times
19 Mon Aug 2024	82.10	83.70	84.00	82.00	0.764 times
16 Fri Aug 2024	83.07	87.45	87.45	83.07	1.341 times
14 Wed Aug 2024	87.45	85.19	89.40	85.10	0.938 times
13 Tue Aug 2024	85.19	84.98	85.19	84.00	0.78 times
12 Mon Aug 2024	81.14	81.26	81.88	81.14	0.674 times
09 Fri Aug 2024	81.14	82.55	84.89	80.77	0.26 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.7, but if it comes above 81.7, then a intra day buy could be more profitable.
If you take a sell trade below 81.7, then use 81.7 as stoploss and 79 as target. However if you take a buy trade in stock , then use 81.7 as stoploss and 84 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	73.25
Downside Target	78.25
Upside Target	85.45
Upside Target	88.72
Upside Target	89.23
Upside Target	89.40
Upside Target	89.95
Upside Target	90.91
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	78.55
Downside Intraday Target	76.21
Upside Intraday Target	84.68
Upside Intraday Target	88.47
Upside Intraday Target	82.34

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	80.89	83.70	86.13	80.00	1.938 times
16 Fri Aug 2024	83.07	81.26	89.40	81.14	2.141 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

Price has moved down 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
23 Fri Aug 2024	80.89	86.00	89.40	80.00	0.499 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 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 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 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 and the buying is gaining 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 81.93 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.