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

(BASML_BE) Bannari Am complete technical analysis [charts+indicators] | Buy/Sell Bannari Am | (BASML_BE) share price targets

Complete technical analysis of Bannari Am (BASML_BE) by charts plus indicators, forecast predictions and share price targets for Bannari Am (BASML_BE)

Showing technical analysis as on 2024-10-17 View latest technical analysis

10 day averaged volume of Bannari Am is 107705

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	54.99	56.89	56.89	54.58	0.856 times
16 Wed Oct 2024	55.35	55.53	56.34	54.60	0.721 times
15 Tue Oct 2024	56.18	56.30	57.70	55.53	1.18 times
14 Mon Oct 2024	56.81	57.90	57.90	56.45	0.486 times
11 Fri Oct 2024	57.01	59.40	59.40	56.20	0.889 times
10 Thu Oct 2024	57.57	57.21	59.00	56.25	0.791 times
09 Wed Oct 2024	57.56	57.00	58.42	57.00	0.86 times
08 Tue Oct 2024	55.64	55.50	56.78	53.65	0.802 times
07 Mon Oct 2024	55.59	57.06	58.00	55.59	1.486 times
04 Fri Oct 2024	58.52	60.65	60.74	58.00	0.875 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.3, but if it comes above 56.3, then a intra day buy could be more profitable.
If you take a sell trade below 56.3, then use 56.3 as stoploss and 53.4 as target. However if you take a buy trade in stock , then use 56.3 as stoploss and 58.69 as target.

Share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Target	53.65
Upside Target	57.90
Upside Target	59.40
Upside Target	62.50
Upside Target	65.00
Upside Target	70.20
Upside Target	73.00
Upside Target	84.50
Upside Target	90.30
Upside Target	140.00
Upside Target	148.90

Intraday share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Intraday Target	53.75
Downside Intraday Target	52.5
Upside Intraday Target	57.07
Upside Intraday Target	59.14
Upside Intraday Target	55.82

Weekly technical analysis of Bannari Am (BASML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	54.99	57.90	57.90	54.58	0.672 times
11 Fri Oct 2024	57.01	57.06	59.40	53.65	0.853 times
04 Fri Oct 2024	58.52	60.11	62.59	58.00	0.625 times
27 Fri Sep 2024	61.01	61.11	62.50	58.10	1.372 times
20 Fri Sep 2024	61.09	89.50	90.30	60.10	1.221 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 Bannari Am (BASML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	54.99	61.84	62.59	53.65	0.965 times
30 Mon Sep 2024	60.78	64.50	65.00	58.10	1.243 times
19 Mon Jul 2021	90.15	73.20	90.30	70.20	0.856 times
30 Wed Jun 2021	73.15	80.80	84.50	73.00	102.359 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 Bannari Am (BASML_BE)

Price action analysis of Bannari Am ( (BASML_BE) ) 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 Bannari Am ( (BASML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bannari Am ( (BASML_BE) ) 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 Bannari Am ( (BASML_BE) ) based on a mid to longer 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.

ADX buy sell signal for Bannari Am stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bannari Am in short term but the buy signal is initial and weak.

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

Bannari Am 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bannari Am 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 Bannari Am is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.45 and Bannari Am (BASML_BE) 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 Bannari Am (BASML_BE) stock. Volume based technical analysis of Bannari Am (BASML_BE) stock is negative.

Bannari Am 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.