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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 2024-08-22 View latest technical analysis

10 day averaged volume of Blue Chip is 68330

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	4.94	4.80	4.94	4.75	6.038 times
21 Wed Aug 2024	4.85	4.85	4.85	4.85	1.821 times
20 Tue Aug 2024	4.95	4.95	4.95	4.95	1.449 times
19 Mon Aug 2024	5.06	5.06	5.10	5.06	2.483 times
16 Fri Aug 2024	5.17	5.17	5.17	5.17	0.56 times
14 Wed Aug 2024	5.28	5.28	5.28	5.28	0.403 times
13 Tue Aug 2024	5.39	5.39	5.39	5.39	0.415 times
12 Mon Aug 2024	5.51	5.51	5.51	5.51	0.777 times
09 Fri Aug 2024	5.63	5.63	5.63	5.63	0.602 times
08 Thu Aug 2024	5.75	5.75	5.75	5.75	0.715 times

Stock of Blue Chip (BLUECHIP_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.2, but if it comes above 5.2, then a intra day buy could be more profitable.
If you take a sell trade below 5.2, then use 5.2 as stoploss and 4.6 as target. However if you take a buy trade in stock , then use 5.2 as stoploss and 5.66 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	4.75
Upside Target	5.10
Upside Target	5.38
Upside Target	5.51
Upside Target	5.63
Upside Target	5.91
Upside Target	6.02
Upside Target	6.12
Upside Target	6.26
Upside Target	6.38

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	4.76
Downside Intraday Target	4.58
Upside Intraday Target	5.11
Upside Intraday Target	5.28
Downside Intraday Target	4.93

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	4.94	5.06	5.10	4.75	5.472 times
16 Fri Aug 2024	5.17	5.51	5.51	5.17	0.352 times
09 Fri Aug 2024	5.63	6.12	6.12	5.63	0.49 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	4.94	6.38	6.38	4.75	0.861 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 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 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 SELL. 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 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 5.07 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.