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(BASML_BE) Bannari Am complete technical analysis [charts+indicators] | Buy/Sell Bannari Am | (BASML_BE) share price targets

Complete technical analysis of Bannari Am (BASML_BE) by charts plus indicators, forecast predictions and share price targets for Bannari Am (BASML_BE)

Showing technical analysis as on 2024-11-08 View latest technical analysis

10 day averaged volume of Bannari Am is 103901

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	58.65	58.70	58.70	58.65	0.169 times
07 Thu Nov 2024	59.85	60.70	60.70	59.80	0.231 times
06 Wed Nov 2024	60.89	59.95	61.20	59.60	2.271 times
05 Tue Nov 2024	58.91	56.49	58.91	56.00	2.796 times
04 Mon Nov 2024	56.11	57.85	57.85	55.51	1.352 times
01 Fri Nov 2024	56.01	54.00	56.09	53.63	0.742 times
31 Thu Oct 2024	53.42	53.99	55.62	53.21	0.703 times
30 Wed Oct 2024	52.98	52.50	52.98	51.00	0.288 times
29 Tue Oct 2024	50.46	51.85	51.85	49.25	0.636 times
28 Mon Oct 2024	51.47	52.19	53.25	51.00	0.373 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58, but if it comes below 58, then a intra day sell could be more profitable.
If you take a sell trade below 58, then use 58 as stoploss and 55.19 as target. However if you take a buy trade in stock , then use 58 as stoploss and 61.3 as target.

Share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Target	49.25
Downside Target	50.61
Downside Target	53.51
Downside Target	55.51
Downside Target	57.90
Upside Target	59.40
Upside Target	61.20
Upside Target	62.59
Upside Target	65.00
Upside Target	70.20
Upside Target	73.00
Upside Target	84.50
Upside Target	90.30

Intraday share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Intraday Target	55.71
Downside Intraday Target	52.76
Upside Intraday Target	61.4
Upside Intraday Target	64.14
Downside Intraday Target	58.45

Weekly technical analysis of Bannari Am (BASML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	58.65	57.85	61.20	55.51	2.487 times
01 Fri Nov 2024	56.01	52.19	56.09	49.25	0.832 times
25 Fri Oct 2024	52.19	54.00	56.50	50.61	0.897 times
18 Fri Oct 2024	55.54	57.90	57.90	53.51	0.734 times
11 Fri Oct 2024	57.01	57.06	59.40	53.65	0.853 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bannari Am (BASML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	58.65	54.00	61.20	53.63	0.392 times
31 Thu Oct 2024	53.42	61.84	62.59	49.25	1.361 times
30 Mon Sep 2024	60.78	64.50	65.00	58.10	1.243 times
19 Mon Jul 2021	90.15	73.20	90.30	70.20	0.856 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 Bannari Am (BASML_BE)

Price action analysis of Bannari Am ( (BASML_BE) ) based on a short 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 Bannari Am ( (BASML_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 Bannari Am ( (BASML_BE) ) based on a mid to longer 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.

ADX buy sell signal for Bannari Am stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bannari Am 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.

Bannari Am 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 Bannari Am in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Bannari Am is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.34 and Bannari Am (BASML_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 Bannari Am (BASML_BE) stock. Volume based technical analysis of Bannari Am (BASML_BE) stock is negative.

Bannari Am 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.