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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 2024-08-29 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 4006

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	81.29	83.00	84.93	81.00	1.405 times
28 Wed Aug 2024	83.00	84.75	84.75	80.30	0.503 times
27 Tue Aug 2024	82.45	83.12	84.92	81.00	1.444 times
26 Mon Aug 2024	83.12	83.98	83.98	81.20	0.794 times
23 Fri Aug 2024	80.89	81.95	82.97	80.03	1.215 times
22 Thu Aug 2024	81.95	83.00	83.00	80.01	0.275 times
21 Wed Aug 2024	82.79	80.21	83.41	80.21	0.38 times
20 Tue Aug 2024	80.08	82.05	86.13	80.00	3.067 times
19 Mon Aug 2024	82.10	83.70	84.00	82.00	0.583 times
16 Fri Aug 2024	83.07	87.45	87.45	83.07	1.023 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.3, but if it comes above 81.3, then a intra day buy could be more profitable.
If you take a sell trade below 81.3, then use 81.3 as stoploss and 78.9 as target. However if you take a buy trade in stock , then use 81.3 as stoploss and 83.23 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	73.25
Downside Target	78.25
Upside Target	84.93
Upside Target	88.72
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	79.42
Downside Intraday Target	77.54
Upside Intraday Target	84.05
Upside Intraday Target	86.8
Upside Intraday Target	82.17

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	81.29	83.98	84.93	80.30	0.751 times
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

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
29 Thu Aug 2024	81.29	86.00	89.40	80.00	0.691 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.

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 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 81.56 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.