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(BLUECHIP_BE) Blue Chip complete technical analysis [charts+indicators] | Buy/Sell Blue Chip | (BLUECHIP_BE) share price targets

Complete technical analysis of Blue Chip (BLUECHIP_BE) by charts plus indicators, forecast predictions and share price targets for Blue Chip (BLUECHIP_BE)

Showing technical analysis as on 2024-01-24 View latest technical analysis

10 day averaged volume of Blue Chip is 141923

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	2.35	2.30	2.35	2.25	1.268 times
23 Tue Jan 2024	2.30	2.30	2.30	2.30	0.949 times
22 Mon Jan 2024	2.35	2.35	2.35	2.35	0.267 times
19 Fri Jan 2024	2.40	2.40	2.40	2.40	0.701 times
18 Thu Jan 2024	2.45	2.45	2.45	2.45	0.471 times
17 Wed Jan 2024	2.50	2.50	2.50	2.50	0.345 times
16 Tue Jan 2024	2.55	2.55	2.55	2.55	0.523 times
15 Mon Jan 2024	2.60	2.60	2.60	2.60	1.009 times
12 Fri Jan 2024	2.65	2.65	2.65	2.65	0.717 times
11 Thu Jan 2024	2.70	2.70	2.70	2.70	1.245 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.55 as target.

Share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Target	1.05
Downside Target	1.10
Downside Target	1.30
Downside Target	1.45
Downside Target	1.50
Downside Target	2.25
Downside Target	2.30
Downside Target	2.35
Upside Target	2.40
Upside Target	2.45
Upside Target	2.50
Upside Target	2.60
Upside Target	2.65
Upside Target	2.70
Upside Target	2.85

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	2.28
Downside Intraday Target	2.22
Upside Intraday Target	2.38
Upside Intraday Target	2.42
Downside Intraday Target	2.32

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	2.35	2.35	2.35	2.25	0.815 times
19 Fri Jan 2024	2.40	2.60	2.60	2.40	0.478 times
12 Fri Jan 2024	2.65	2.75	2.85	2.65	1.655 times
05 Fri Jan 2024	2.70	2.50	2.70	2.50	1.303 times
29 Fri Dec 2023	2.45	2.30	2.45	2.30	1.071 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 Blue Chip (BLUECHIP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	2.35	2.50	2.85	2.25	1.438 times
29 Fri Dec 2023	2.45	1.45	2.45	1.45	2.001 times
30 Thu Nov 2023	1.45	1.10	1.45	1.10	0.524 times
31 Tue Oct 2023	1.10	1.45	1.50	1.05	2.013 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 Blue Chip (BLUECHIP_BE)

Price action analysis of Blue Chip ( (BLUECHIP_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Blue Chip ( (BLUECHIP_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 Blue Chip ( (BLUECHIP_BE) ) 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 Blue Chip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Blue Chip 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 buy signal for Blue Chip in short term but BUY signal is weak.

RSI is generating a SELL signal in short term

MRSI is in negative zone. This is the SELL zone

Stock of Blue Chip is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.5 and Blue Chip (BLUECHIP_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 Blue Chip (BLUECHIP_BE) stock. Volume based technical analysis of Blue Chip (BLUECHIP_BE) stock is negative.

Blue Chip 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.