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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 2024-08-02 View latest technical analysis

10 day averaged volume of Blue Chip is 112086

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	6.25	6.25	6.25	6.25	3.961 times
01 Thu Aug 2024	6.38	6.38	6.38	6.38	0.901 times
31 Wed Jul 2024	6.26	6.26	6.26	6.26	0.75 times
30 Tue Jul 2024	6.14	6.14	6.14	6.14	0.956 times
29 Mon Jul 2024	6.02	6.02	6.02	6.02	1.054 times
26 Fri Jul 2024	5.91	5.91	5.91	5.91	0.78 times
25 Thu Jul 2024	5.80	5.80	5.80	5.80	0.748 times
24 Wed Jul 2024	5.69	5.69	5.69	5.69	0.881 times
23 Tue Jul 2024	5.58	5.58	5.58	5.58	1.12 times
22 Mon Jul 2024	5.48	5.38	5.48	5.38	1.848 times

Stock of Blue Chip (BLUECHIP_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6, but if it comes below 6, then a intra day sell could be more profitable.
If you take a sell trade below 6, then use 6 as stoploss and 5.47 as target. However if you take a buy trade in stock , then use 6 as stoploss and 6.7 as target.

Share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Target	2.60
Downside Target	3.20
Downside Target	3.60
Downside Target	4.20
Downside Target	4.61
Downside Target	4.99
Downside Target	5.38
Downside Target	5.91
Downside Target	6.02
Downside Target	6.25
Upside Target	6.26
Upside Target	6.38

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	6.05
Downside Intraday Target	5.86
Upside Intraday Target	6.41
Upside Intraday Target	6.58
Downside Intraday Target	6.22

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	6.25	6.02	6.38	6.02	1.418 times
26 Fri Jul 2024	5.91	5.38	5.91	5.38	1.454 times
19 Fri Jul 2024	5.38	5.01	5.38	5.01	0.745 times
12 Fri Jul 2024	4.99	4.70	4.99	4.70	1.627 times
05 Fri Jul 2024	4.61	4.28	4.61	4.28	1.442 times

Price has moved up 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
02 Fri Aug 2024	6.25	6.38	6.38	6.25	0.245 times
31 Wed Jul 2024	6.26	4.28	6.26	4.28	1.812 times
28 Fri Jun 2024	4.20	3.40	4.20	3.20	0.94 times
31 Fri May 2024	3.40	3.55	3.65	3.20	1.032 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Blue Chip in short term and the buy signal is strong.

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

Blue Chip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Blue Chip in short term but SELL 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.98 and Blue Chip (BLUECHIP_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.