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

(BAFNAPH_BE) Bafna Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Bafna Pharmaceuticals | (BAFNAPH_BE) share price targets

Complete technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) by charts plus indicators, forecast predictions and share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Showing technical analysis as on 2024-02-26 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 7796

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	89.10	94.00	94.00	89.00	1.173 times
23 Fri Feb 2024	90.00	90.05	93.00	89.60	0.655 times
22 Thu Feb 2024	90.00	90.00	93.85	89.00	0.732 times
21 Wed Feb 2024	90.00	90.00	90.00	89.00	0.476 times
20 Tue Feb 2024	90.00	93.95	93.95	90.00	0.705 times
19 Mon Feb 2024	91.30	90.80	92.00	90.00	0.313 times
16 Fri Feb 2024	90.80	89.50	91.40	89.50	0.423 times
15 Thu Feb 2024	90.45	93.80	95.80	89.15	3.03 times
14 Wed Feb 2024	93.80	91.55	94.00	88.65	0.533 times
13 Tue Feb 2024	93.30	95.50	96.05	91.50	2.435 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 90.7, but if it comes above 90.7, then a intra day buy could be more profitable.
If you take a sell trade below 90.7, then use 90.7 as stoploss and 86.1 as target. However if you take a buy trade in stock , then use 90.7 as stoploss and 94.49 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	79.60
Downside Target	87.80
Upside Target	91.40
Upside Target	93.95
Upside Target	96.00
Upside Target	96.65
Upside Target	99.40
Upside Target	101.00
Upside Target	101.80
Upside Target	104.25
Upside Target	107.80

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	87.4
Downside Intraday Target	85.7
Upside Intraday Target	92.4
Upside Intraday Target	95.7
Upside Intraday Target	90.7

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	89.10	94.00	94.00	89.00	0.407 times
23 Fri Feb 2024	90.00	90.80	93.95	89.00	0.405 times
16 Fri Feb 2024	90.80	98.50	99.40	88.65	1.62 times
09 Fri Feb 2024	98.50	99.75	101.80	94.85	1.64 times
02 Fri Feb 2024	98.20	97.50	101.00	96.00	0.517 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	89.10	98.00	101.80	88.65	0.561 times
31 Wed Jan 2024	98.00	92.00	107.80	92.00	0.936 times
29 Fri Dec 2023	92.00	88.80	104.25	87.80	0.829 times
30 Thu Nov 2023	87.70	85.00	91.40	79.60	2.297 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short 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 Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_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 Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a mid to longer 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.

ADX buy sell signal for Bafna Pharmaceuticals stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bafna Pharmaceuticals in short term and the sell signal is strong.

Bafna Pharmaceuticals 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 coming down

CCI has generated a SELL signal for Bafna Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bafna Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.06 and Bafna Pharmaceuticals (BAFNAPH_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 Bafna Pharmaceuticals (BAFNAPH_BE) stock. Volume based technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) stock is negative.

Bafna Pharmaceuticals 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.