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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 2024-04-12 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 10423

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	87.00	88.00	88.00	86.50	0.111 times
10 Wed Apr 2024	88.50	89.65	89.65	87.00	0.361 times
09 Tue Apr 2024	91.45	90.00	91.45	86.65	0.262 times
08 Mon Apr 2024	90.00	92.45	92.45	85.50	0.796 times
05 Fri Apr 2024	88.50	91.85	91.85	88.00	0.218 times
04 Thu Apr 2024	91.85	92.70	92.70	90.00	0.094 times
03 Wed Apr 2024	88.45	88.40	88.45	85.00	0.497 times
02 Tue Apr 2024	84.25	81.70	84.25	80.25	0.238 times
01 Mon Apr 2024	80.25	79.00	82.20	78.25	0.688 times
28 Thu Mar 2024	78.35	76.20	78.70	75.90	2.229 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 88.4 as stoploss in an intra day sell trade for a target of 83.88. However, stock will show a bullish move above 88.4.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.90
Downside Target	78.00
Downside Target	81.50
Downside Target	84.25
Upside Target	87.80
Upside Target	91.10
Upside Target	92.00
Upside Target	92.45
Upside Target	92.70
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	84.18
Downside Intraday Target	81.37
Upside Intraday Target	91.13
Upside Intraday Target	95.27
Upside Intraday Target	88.32

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	87.00	92.45	92.45	85.50	0.882 times
05 Fri Apr 2024	88.50	79.00	92.70	78.25	0.229 times
28 Thu Mar 2024	78.35	79.80	81.50	75.90	2.997 times
22 Fri Mar 2024	79.65	84.10	84.25	79.00	1.257 times
15 Fri Mar 2024	84.50	88.30	88.30	78.00	0.984 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
12 Fri Apr 2024	87.00	79.00	92.70	78.25	0.227 times
28 Thu Mar 2024	78.35	90.90	91.10	75.90	0.992 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

Scroll below to view daily charts

Price has moved up 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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_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 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 losing momentum.

MACD generated a BUY signal for Bafna Pharmaceuticals in short term but the buy signal is initial and weak.

Bafna Pharmaceuticals 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bafna Pharmaceuticals in short term but SELL 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 83.55 and Bafna Pharmaceuticals (BAFNAPH_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 Bafna Pharmaceuticals (BAFNAPH_BE) stock. Volume based technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) stock is negative.

Bafna Pharmaceuticals Stock is giving positive 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.