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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 2024-10-08 View latest technical analysis

10 day averaged volume of Bfam Bankbetf is 46585

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	51.41	52.32	52.32	51.00	0.348 times
07 Mon Oct 2024	51.04	52.79	55.02	50.71	0.657 times
04 Fri Oct 2024	51.95	53.09	53.09	51.72	0.584 times
03 Thu Oct 2024	52.32	53.28	53.90	52.08	3.753 times
01 Tue Oct 2024	53.28	53.42	53.68	53.22	0.947 times
30 Mon Sep 2024	53.42	54.79	54.79	53.38	0.666 times
27 Fri Sep 2024	54.26	55.14	55.14	53.67	0.421 times
26 Thu Sep 2024	54.77	54.85	54.88	54.39	0.239 times
25 Wed Sep 2024	54.45	54.85	54.85	53.94	0.246 times
24 Tue Sep 2024	54.32	54.72	54.72	54.03	0.42 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.8, but if it comes above 51.8, then a intra day buy could be more profitable.
If you take a sell trade below 51.8, then use 51.8 as stoploss and 50.4 as target. However if you take a buy trade in stock , then use 51.8 as stoploss and 52.9 as target.

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	54.15
Upside Target	54.79
Upside Target	55.02
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	49.74
Downside Intraday Target	48.07
Upside Intraday Target	54.05
Upside Intraday Target	56.69
Upside Intraday Target	52.38

Weekly technical analysis of Bfam Bankbetf (BANKBETF)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	51.41	52.79	55.02	50.71	0.169 times
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

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
08 Tue Oct 2024	51.41	53.42	55.02	50.71	0.383 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 BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 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 52.69 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.