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(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 2024-03-15 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 3899

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	84.50	82.00	85.45	80.05	1.415 times
14 Thu Mar 2024	82.40	78.00	85.80	78.00	0.977 times
13 Wed Mar 2024	81.75	82.70	82.70	79.80	0.78 times
12 Tue Mar 2024	82.80	88.30	88.30	82.60	1.472 times
11 Mon Mar 2024	86.95	88.30	88.30	84.55	0.721 times
07 Thu Mar 2024	86.25	86.25	88.00	86.25	0.086 times
06 Wed Mar 2024	86.00	85.20	87.80	84.00	1.85 times
05 Tue Mar 2024	86.55	87.90	89.95	86.00	1.624 times
04 Mon Mar 2024	87.80	88.00	89.95	87.00	1.891 times
02 Sat Mar 2024	90.80	87.95	90.85	87.95	0.058 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 84.6, but if it comes above 84.6, then a intra day buy could be more profitable.
If you take a sell trade below 84.6, then use 84.6 as stoploss and 81.3 as target. However if you take a buy trade in stock , then use 84.6 as stoploss and 87.4 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	78.00
Downside Target	79.60
Downside Target	84.00
Upside Target	86.00
Upside Target	87.80
Upside Target	92.00
Upside Target	93.95
Upside Target	94.00
Upside Target	99.40
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	78.9
Downside Intraday Target	73.3
Upside Intraday Target	89.2
Upside Intraday Target	93.9
Downside Intraday Target	83.6

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	84.50	88.30	88.30	78.00	0.984 times
07 Thu Mar 2024	86.25	88.00	89.95	84.00	0.655 times
02 Sat Mar 2024	90.80	94.00	94.00	86.00	1.444 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

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
15 Fri Mar 2024	84.50	90.90	91.10	78.00	0.295 times
29 Thu Feb 2024	87.50	98.00	101.80	86.00	0.651 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

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

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

Bafna Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 Bafna Pharmaceuticals in short term but BUY signal is weak.

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 85.23 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.