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

(BETA_SM) Beta Drugs complete technical analysis [charts+indicators] | Buy/Sell Beta Drugs | (BETA_SM) share price targets

Complete technical analysis of Beta Drugs (BETA_SM) by charts plus indicators, forecast predictions and share price targets for Beta Drugs (BETA_SM)

Showing technical analysis as on 2024-02-06 View latest technical analysis

10 day averaged volume of Beta Drugs is 4000

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1407.90	1405.00	1420.00	1390.00	0.425 times
05 Mon Feb 2024	1390.90	1389.00	1427.00	1350.00	1.45 times
02 Fri Feb 2024	1418.30	1435.00	1436.90	1410.00	0.55 times
01 Thu Feb 2024	1435.00	1432.00	1465.80	1430.00	0.25 times
31 Wed Jan 2024	1469.85	1474.00	1474.50	1435.05	0.5 times
30 Tue Jan 2024	1453.25	1460.00	1524.00	1440.00	2.05 times
29 Mon Jan 2024	1435.75	1376.90	1450.00	1376.90	1.75 times
25 Thu Jan 2024	1377.00	1380.00	1410.00	1375.05	0.8 times
24 Wed Jan 2024	1404.00	1405.00	1410.00	1384.00	0.6 times
23 Tue Jan 2024	1387.35	1448.60	1449.70	1375.00	0.85 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 1399 as stoploss in an intra day buy trade for a target of 1423.51. However, stock will show a bearish move below 1399.

Share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Target	892.35
Downside Target	955.00
Downside Target	1020.00
Downside Target	1155.00
Downside Target	1270.00
Downside Target	1350.00
Upside Target	1427.00
Upside Target	1459.00
Upside Target	1460.00
Upside Target	1465.80
Upside Target	1475.00
Upside Target	1524.00
Upside Target	1595.00

Intraday share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Intraday Target	1362.93
Downside Intraday Target	1317.97
Upside Intraday Target	1439.93
Upside Intraday Target	1471.97
Downside Intraday Target	1394.97

Weekly technical analysis of Beta Drugs (BETA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1407.90	1389.00	1427.00	1350.00	0.368 times
02 Fri Feb 2024	1418.30	1376.90	1524.00	1376.90	1.478 times
25 Thu Jan 2024	1377.00	1459.90	1460.00	1375.00	0.798 times
19 Fri Jan 2024	1432.35	1435.50	1459.00	1375.00	1.21 times
12 Fri Jan 2024	1434.90	1382.40	1475.00	1382.40	0.614 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 Beta Drugs (BETA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1407.90	1432.00	1465.80	1350.00	0.125 times
31 Wed Jan 2024	1469.85	1470.00	1524.00	1357.05	0.643 times
29 Fri Dec 2023	1470.00	1200.00	1595.00	1155.00	1.065 times
30 Thu Nov 2023	1177.00	998.70	1270.00	955.00	1.733 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 Beta Drugs (BETA_SM)

Price action analysis of Beta Drugs ( (BETA_SM) ) 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 Beta Drugs ( (BETA_SM) ) 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 Beta Drugs ( (BETA_SM) ) based on a short to mid 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 Beta Drugs ( (BETA_SM) ) 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 Beta Drugs stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Beta Drugs 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 moving up

CCI has generated a buy signal for Beta Drugs in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Beta Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1420.47 and Beta Drugs (BETA_SM) 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 Beta Drugs (BETA_SM) stock. Volume based technical analysis of Beta Drugs (BETA_SM) stock is negative.

Beta Drugs 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.