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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 2024-10-04 View latest technical analysis

10 day averaged volume of Bfam Bankbetf is 52678

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	51.95	53.09	53.09	51.72	0.516 times
03 Thu Oct 2024	52.32	53.28	53.90	52.08	3.319 times
01 Tue Oct 2024	53.28	53.42	53.68	53.22	0.838 times
30 Mon Sep 2024	53.42	54.79	54.79	53.38	0.589 times
27 Fri Sep 2024	54.26	55.14	55.14	53.67	0.373 times
26 Thu Sep 2024	54.77	54.85	54.88	54.39	0.211 times
25 Wed Sep 2024	54.45	54.85	54.85	53.94	0.218 times
24 Tue Sep 2024	54.32	54.72	54.72	54.03	0.371 times
23 Mon Sep 2024	54.35	54.50	54.50	53.40	1.828 times
20 Fri Sep 2024	53.94	53.90	54.15	53.42	0.818 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 51.8 as stoploss in an intra day buy trade for a target of 52.9. However, stock will show a bearish move below 51.8.

Share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Target	41.51
Downside Target	46.63
Downside Target	50.00
Upside Target	53.40
Upside Target	53.90
Upside Target	53.97
Upside Target	54.15
Upside Target	54.79
Upside Target	55.14
Upside Target	60.00
Upside Target	62.13

Intraday share price targets for Bfam Bankbetf (BANKBETF)

Target Type	Value
Downside Intraday Target	50.85
Downside Intraday Target	49.75
Upside Intraday Target	53.92
Upside Intraday Target	55.89
Upside Intraday Target	52.82

Weekly technical analysis of Bfam Bankbetf (BANKBETF)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	51.95	54.79	54.79	51.72	1.753 times
27 Fri Sep 2024	54.26	54.50	55.14	53.40	0.845 times
20 Fri Sep 2024	53.94	52.16	54.15	52.16	1.37 times
13 Fri Sep 2024	52.16	51.98	52.31	50.00	0.542 times
06 Fri Sep 2024	50.98	52.26	52.26	50.80	1.179 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 Bfam Bankbetf (BANKBETF)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	51.95	53.42	53.90	51.72	0.322 times
30 Mon Sep 2024	53.42	52.26	55.14	50.00	1.154 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

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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Bfam Bankbetf in short term but the sell signal is initial and weak.

Bfam Bankbetf 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bfam Bankbetf in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 53.28 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 positive

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