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(BALCO_ST) Solve Plastic complete technical analysis [charts+indicators] | Buy/Sell Solve Plastic | (BALCO_ST) share price targets

Complete technical analysis of Solve Plastic (BALCO_ST) by charts plus indicators, forecast predictions and share price targets for Solve Plastic (BALCO_ST)

Showing technical analysis as on 2024-12-17 View latest technical analysis

10 day averaged volume of Solve Plastic is 6960

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	46.10	46.00	46.10	46.00	0.345 times
13 Fri Dec 2024	46.15	46.15	46.15	46.15	0.172 times
12 Thu Dec 2024	48.50	46.80	48.50	46.80	0.345 times
11 Wed Dec 2024	46.80	48.90	48.90	46.80	0.69 times
10 Tue Dec 2024	47.65	46.60	48.00	46.55	0.862 times
09 Mon Dec 2024	49.00	47.90	49.00	47.80	1.034 times
06 Fri Dec 2024	49.00	47.50	49.00	47.50	0.517 times
05 Thu Dec 2024	50.00	50.90	50.90	50.00	1.552 times
04 Wed Dec 2024	48.50	46.95	48.50	46.95	2.069 times
03 Tue Dec 2024	46.20	45.00	46.45	45.00	1.034 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.6 as stoploss in an intra day buy trade for a target of 47.46. However, stock will show a bearish move below 45.6.

Share price targets for Solve Plastic (BALCO_ST)

Target Type	Value
Downside Target	44.50
Downside Target	46.00
Upside Target	48.45
Upside Target	50.90
Upside Target	54.30
Upside Target	63.60
Upside Target	76.60
Upside Target	82.75
Upside Target	86.25
Upside Target	112.45

Intraday share price targets for Solve Plastic (BALCO_ST)

Target Type	Value
Downside Intraday Target	46.03
Downside Intraday Target	45.97
Upside Intraday Target	46.13
Upside Intraday Target	46.17
Downside Intraday Target	46.07

Weekly technical analysis of Solve Plastic (BALCO_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	46.10	46.00	46.10	46.00	0.111 times
13 Fri Dec 2024	46.15	47.90	49.00	46.15	0.6 times
06 Fri Dec 2024	49.00	45.00	50.90	45.00	2.308 times
28 Thu Nov 2024	46.70	46.50	46.70	44.50	0.361 times
22 Fri Nov 2024	46.50	49.95	49.95	45.10	1.8 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 Solve Plastic (BALCO_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	46.10	45.00	50.90	45.00	0.532 times
28 Thu Nov 2024	46.70	53.00	54.30	44.50	1.011 times
31 Thu Oct 2024	54.00	57.50	63.60	48.45	0.251 times
03 Tue Sep 2024	77.20	78.65	86.25	76.60	0.407 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 Solve Plastic (BALCO_ST)

Price action analysis of Solve Plastic ( (BALCO_ST) ) 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 Solve Plastic ( (BALCO_ST) ) 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 Solve Plastic ( (BALCO_ST) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Solve Plastic stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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

Solve Plastic 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 Solve Plastic 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 Solve Plastic is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.22 and Solve Plastic (BALCO_ST) 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 Solve Plastic (BALCO_ST) stock. Volume based technical analysis of Solve Plastic (BALCO_ST) stock is negative.

Solve Plastic 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.