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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 2024-09-03 View latest technical analysis

10 day averaged volume of Bfam Bankbetf is 33804

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	51.98	51.82	52.22	51.51	0.466 times
02 Mon Sep 2024	51.82	52.26	52.26	51.00	0.305 times
30 Fri Aug 2024	51.74	51.53	52.15	51.51	1.937 times
29 Thu Aug 2024	51.53	51.49	52.27	51.29	0.309 times
28 Wed Aug 2024	51.49	51.50	51.89	51.19	2.151 times
27 Tue Aug 2024	51.50	51.98	51.98	51.21	0.214 times
26 Mon Aug 2024	51.53	51.89	51.90	51.27	1.713 times
23 Fri Aug 2024	51.24	51.92	51.92	51.13	0.36 times
22 Thu Aug 2024	51.24	50.55	51.42	50.55	1.45 times
21 Wed Aug 2024	51.07	51.95	51.95	50.63	0.572 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 51.6, but if it comes below 51.6, then a intra day sell could be more profitable.
If you take a sell trade below 51.6, then use 51.6 as stoploss and 51.03 as target. However if you take a buy trade in stock , then use 51.6 as stoploss and 52.3 as target.

Share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Target	41.51
Downside Target	46.63
Downside Target	49.63
Downside Target	51.95
Upside Target	52.26
Upside Target	52.27
Upside Target	52.72
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	51.23
Downside Intraday Target	50.49
Upside Intraday Target	52.49
Upside Intraday Target	53.01
Downside Intraday Target	51.75

Weekly technical analysis of Bfam Bankbetf (BANKBETF)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	51.98	52.26	52.26	51.00	0.122 times
30 Fri Aug 2024	51.74	51.89	52.27	51.19	1.246 times
23 Fri Aug 2024	51.24	50.87	51.95	50.22	1.715 times
16 Fri Aug 2024	50.87	51.90	51.90	41.51	0.667 times
09 Fri Aug 2024	50.95	51.70	52.72	49.63	1.061 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
03 Tue Sep 2024	51.98	52.26	52.26	51.00	0.039 times
30 Fri Aug 2024	51.74	51.81	62.13	41.51	0.607 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

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bfam Bankbetf stock for short term is SELL. Signal strength is Weak and stock is gaining 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 tired and bears 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 Bfam Bankbetf in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Bfam Bankbetf is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.51 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.