Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-09 View latest technical analysis

10 day averaged volume of Bfam Bankbetf is 50737

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	50.95	50.30	51.31	50.30	0.923 times
08 Thu Aug 2024	50.30	50.26	50.83	50.00	0.245 times
07 Wed Aug 2024	50.36	50.71	50.71	50.01	0.144 times
06 Tue Aug 2024	50.01	51.54	51.54	49.96	0.587 times
05 Mon Aug 2024	50.59	51.70	52.72	49.63	1.058 times
02 Fri Aug 2024	51.70	51.80	62.13	50.64	0.339 times
01 Thu Aug 2024	51.91	51.81	52.80	51.63	0.193 times
31 Wed Jul 2024	51.81	51.79	51.95	51.39	0.46 times
30 Tue Jul 2024	51.79	51.48	52.24	50.53	0.993 times
29 Mon Jul 2024	51.56	52.55	52.57	51.43	0.8 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.8 as stoploss in an intra day buy trade for a target of 51.67. However, stock will show a bearish move below 50.8.

Share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Target	46.63
Downside Target	49.63
Upside Target	51.79
Upside Target	52.72
Upside Target	53.63
Upside Target	53.96
Upside Target	53.97
Upside Target	60.00
Upside Target	62.13

Intraday share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Intraday Target	49.48
Downside Intraday Target	48.01
Upside Intraday Target	52.57
Upside Intraday Target	54.19
Upside Intraday Target	51.1

Weekly technical analysis of Bfam Bankbetf (BANKBETF)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	50.95	51.70	52.72	49.63	1.061 times
02 Fri Aug 2024	51.70	52.55	62.13	50.53	0.317 times
26 Fri Jul 2024	51.48	53.63	53.63	50.85	4.594 times
19 Fri Jul 2024	52.77	53.63	53.63	51.53	0.479 times
12 Fri Jul 2024	52.58	52.51	53.96	51.79	0.868 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 Bfam Bankbetf (BANKBETF)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	50.95	51.81	62.13	49.63	0.162 times
31 Wed Jul 2024	51.81	52.62	53.97	50.53	0.05 times
28 Fri Jun 2024	52.62	49.24	60.00	46.63	31.101 times
31 Fri May 2024	49.24	49.26	50.70	47.19	0.227 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 Bfam Bankbetf (BANKBETF)

Price action analysis of Bfam Bankbetf ( (BANKBETF) ) 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 Bfam Bankbetf ( (BANKBETF) ) 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 Bfam Bankbetf ( (BANKBETF) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bfam Bankbetf in short term and the sell 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 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 moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 51.12 and Bfam Bankbetf (BANKBETF) 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 Bfam Bankbetf (BANKBETF) stock. Volume based technical analysis of Bfam Bankbetf (BANKBETF) stock is negative.

Bfam Bankbetf 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.