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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 2024-12-31 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 2431

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	78.90	81.98	81.98	78.75	0.266 times
30 Mon Dec 2024	78.41	80.00	80.00	78.37	0.248 times
27 Fri Dec 2024	80.00	80.00	81.94	78.05	1.584 times
26 Thu Dec 2024	79.21	80.07	81.89	78.00	2.169 times
24 Tue Dec 2024	80.07	82.60	83.99	79.52	0.962 times
23 Mon Dec 2024	82.83	81.44	83.00	80.42	2.052 times
20 Fri Dec 2024	81.44	80.00	81.92	78.02	0.337 times
19 Thu Dec 2024	80.00	78.80	82.19	77.55	0.486 times
18 Wed Dec 2024	81.58	80.00	81.65	80.00	0.381 times
17 Tue Dec 2024	80.99	80.00	81.00	78.80	0.79 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.6, but if it comes above 79.6, then a intra day buy could be more profitable.
If you take a sell trade below 79.6, then use 79.6 as stoploss and 78.2 as target. However if you take a buy trade in stock , then use 79.6 as stoploss and 80.73 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.01
Downside Target	77.26
Upside Target	81.98
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	77.52
Downside Intraday Target	76.14
Upside Intraday Target	81.13
Upside Intraday Target	83.36
Upside Intraday Target	79.75

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	78.90	80.00	81.98	78.37	0.076 times
27 Fri Dec 2024	80.00	81.44	83.99	78.00	2.266 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

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
31 Tue Dec 2024	78.90	79.95	85.40	77.55	1.594 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, and volume has increased substantially. This means that the move can 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 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 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 Strong 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 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 and selling is picking up 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 80.58 and Bafna Pharmaceuticals (BAFNAPH_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 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.