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

(BIOFILCHEM) Biofil Chemicals complete technical analysis [charts+indicators] | Buy/Sell Biofil Chemicals | (BIOFILCHEM) share price targets

Complete technical analysis of Biofil Chemicals (BIOFILCHEM) by charts plus indicators, forecast predictions and share price targets for Biofil Chemicals (BIOFILCHEM)

Biofil Chemicals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-11-13 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 32300

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	62.00	61.60	66.50	61.25	1.586 times
12 Tue Nov 2024	61.58	64.80	65.66	59.98	1.446 times
11 Mon Nov 2024	64.50	65.20	65.70	63.82	0.693 times
08 Fri Nov 2024	64.76	67.20	67.26	64.50	1.241 times
07 Thu Nov 2024	67.02	68.29	69.23	66.60	0.825 times
06 Wed Nov 2024	68.00	66.77	70.00	66.77	1.347 times
05 Tue Nov 2024	66.77	68.70	69.60	66.06	0.781 times
04 Mon Nov 2024	68.70	71.00	72.09	67.90	0.732 times
01 Fri Nov 2024	70.01	69.79	72.00	66.55	1.051 times
31 Thu Oct 2024	69.35	67.47	70.25	66.51	1.211 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 60.9, for a target of 64.1 or 66.82

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	58.66
Downside Target	59.98
Upside Target	63.13
Upside Target	66.50
Upside Target	69.95
Upside Target	72.00
Upside Target	72.09
Upside Target	72.80
Upside Target	72.97
Upside Target	77.99
Upside Target	83.00
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	59.15
Downside Intraday Target	56.31
Upside Intraday Target	65.67
Upside Intraday Target	69.35
Upside Intraday Target	62.83

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	62.00	65.20	66.50	59.98	0.756 times
08 Fri Nov 2024	64.76	71.00	72.09	64.50	1.076 times
01 Fri Nov 2024	70.01	64.16	72.00	63.13	0.435 times
25 Fri Oct 2024	64.16	72.80	72.80	60.51	0.974 times
18 Fri Oct 2024	70.74	75.97	77.99	70.48	0.758 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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	62.00	69.79	72.09	59.98	0.207 times
31 Thu Oct 2024	69.35	82.13	83.00	60.51	0.134 times
30 Mon Sep 2024	81.95	66.75	91.87	63.27	8.371 times
30 Fri Aug 2024	65.18	67.01	69.95	60.12	0.652 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 Biofil Chemicals (BIOFILCHEM)

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals ( (BIOFILCHEM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Biofil Chemicals in short term and the sell signal is strong.

Biofil Chemicals 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 moving up

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.92 and Biofil Chemicals (BIOFILCHEM) 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 Biofil Chemicals (BIOFILCHEM) stock. Volume based technical analysis of Biofil Chemicals (BIOFILCHEM) stock is negative.

Biofil Chemicals 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.