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(BANKBETF) Bfam Bankbetf complete technical analysis [charts+indicators] | Buy/Sell Bfam Bankbetf | (BANKBETF) share price targets

Complete technical analysis of Bfam Bankbetf (BANKBETF) by charts plus indicators, forecast predictions and share price targets for Bfam Bankbetf (BANKBETF)

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Bfam Bankbetf is 34876

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	50.47	50.47	52.00	46.75	1.411 times
03 Mon Jun 2024	51.08	49.24	51.38	49.24	2.074 times
31 Fri May 2024	49.24	49.13	49.29	48.71	0.089 times
30 Thu May 2024	49.13	49.01	49.34	48.61	2.723 times
29 Wed May 2024	48.75	49.32	49.32	48.66	0.157 times
28 Tue May 2024	49.31	49.71	50.00	49.11	1.263 times
27 Mon May 2024	49.40	49.20	50.70	49.20	0.231 times
24 Fri May 2024	49.20	48.94	49.32	48.79	1.654 times
23 Thu May 2024	48.93	48.20	48.95	48.20	0.213 times
22 Wed May 2024	47.96	48.20	48.20	47.60	0.226 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 50.7, for a target of 49.6 or 48.64

Share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Target	44.66
Downside Target	45.90
Downside Target	48.61
Downside Target	49.24
Downside Target	49.32
Downside Target	50.00
Upside Target	50.70
Upside Target	50.97
Upside Target	52.00

Intraday share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Intraday Target	47.48
Downside Intraday Target	44.49
Upside Intraday Target	52.73
Upside Intraday Target	54.99
Downside Intraday Target	49.74

Weekly technical analysis of Bfam Bankbetf (BANKBETF)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	50.47	49.24	52.00	46.75	0.78 times
31 Fri May 2024	49.24	49.20	50.70	48.61	1.29 times
24 Fri May 2024	49.20	48.35	49.32	47.60	1.03 times
18 Sat May 2024	48.35	47.41	48.38	47.19	0.588 times
10 Fri May 2024	47.40	48.86	49.24	47.30	0.826 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 Bfam Bankbetf (BANKBETF)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	50.47	49.24	52.00	46.75	0.173 times
31 Fri May 2024	49.24	49.26	50.70	47.19	0.227 times
30 Tue Apr 2024	49.26	47.20	50.97	46.75	2.762 times
28 Thu Mar 2024	47.02	45.99	48.17	45.90	0.874 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 Bfam Bankbetf (BANKBETF)

Price action analysis of Bfam Bankbetf ( (BANKBETF) ) 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 Bfam Bankbetf ( (BANKBETF) ) 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 Bfam Bankbetf ( (BANKBETF) ) based on a short to mid 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 Bfam Bankbetf ( (BANKBETF) ) based on a mid to longer 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.

ADX buy sell signal for Bfam Bankbetf stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bfam Bankbetf in short term and the buy signal is strong.

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

Bfam Bankbetf Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bfam Bankbetf in short term but SELL signal is weak.

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 Bfam Bankbetf is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.73 and Bfam Bankbetf (BANKBETF) 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 Bfam Bankbetf (BANKBETF) stock. Volume based technical analysis of Bfam Bankbetf (BANKBETF) stock is negative.

Bfam Bankbetf 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.