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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 2024-12-26 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 1647

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	79.21	80.07	81.89	78.00	3.202 times
24 Tue Dec 2024	80.07	82.60	83.99	79.52	1.42 times
23 Mon Dec 2024	82.83	81.44	83.00	80.42	3.029 times
20 Fri Dec 2024	81.44	80.00	81.92	78.02	0.498 times
19 Thu Dec 2024	80.00	78.80	82.19	77.55	0.717 times
18 Wed Dec 2024	81.58	80.00	81.65	80.00	0.562 times
17 Tue Dec 2024	80.99	80.00	81.00	78.80	1.166 times
16 Mon Dec 2024	79.93	80.20	81.74	79.26	1.464 times
13 Fri Dec 2024	80.71	80.50	84.14	80.50	0.718 times
12 Thu Dec 2024	80.50	82.83	82.83	80.25	0.248 times

Stock of Bafna Pharmaceuticals (BAFNAPH_BE) has showed a significant fall. This could be a good time to exit from 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 79.9, but if it comes above 79.9, then a intra day buy could be more profitable.
If you take a sell trade below 79.9, then use 79.9 as stoploss and 78.7 as target. However if you take a buy trade in stock , then use 79.9 as stoploss and 80.88 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.01
Downside Target	77.26
Upside Target	82.19
Upside Target	83.40
Upside Target	83.99
Upside Target	85.00
Upside Target	85.40
Upside Target	87.70
Upside Target	88.09
Upside Target	89.40

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	76.81
Downside Intraday Target	74.41
Upside Intraday Target	82.8
Upside Intraday Target	86.39
Upside Intraday Target	80.4

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	79.21	81.44	83.99	78.00	1.736 times
20 Fri Dec 2024	81.44	80.20	82.19	77.55	2.062 times
13 Fri Dec 2024	80.71	81.50	85.00	78.56	0.693 times
06 Fri Dec 2024	81.50	79.95	85.40	79.00	2.896 times
29 Fri Nov 2024	79.99	78.00	81.00	78.00	0.413 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	79.21	79.95	85.40	77.55	1.351 times
29 Fri Nov 2024	79.99	82.46	83.40	77.47	0.357 times
31 Thu Oct 2024	78.56	87.70	87.70	77.26	0.427 times
30 Mon Sep 2024	84.99	80.68	88.09	75.01	2.157 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.72 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.