Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-21 View latest technical analysis

10 day averaged volume of Bannari Am is 64995

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	51.40	51.00	51.40	51.00	0.364 times
19 Tue Nov 2024	52.01	53.00	53.05	52.01	0.338 times
18 Mon Nov 2024	52.99	52.99	53.10	52.99	0.272 times
14 Thu Nov 2024	54.08	54.11	54.11	54.08	0.246 times
13 Wed Nov 2024	55.19	55.19	55.19	55.19	0.097 times
12 Tue Nov 2024	56.32	56.32	56.32	56.32	0.233 times
11 Mon Nov 2024	57.47	57.47	57.47	57.47	0.073 times
08 Fri Nov 2024	58.65	58.70	58.70	58.65	0.27 times
07 Thu Nov 2024	59.85	60.70	60.70	59.80	0.37 times
06 Wed Nov 2024	60.89	59.95	61.20	59.60	3.631 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.8, but if it comes above 51.8, then a intra day buy could be more profitable.
If you take a sell trade below 51.8, then use 51.8 as stoploss and 48.2 as target. However if you take a buy trade in stock , then use 51.8 as stoploss and 54.82 as target.

Share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Target	49.25
Downside Target	50.61
Upside Target	53.10
Upside Target	55.51
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	50.57
Downside Intraday Target	49.73
Upside Intraday Target	52.67
Upside Intraday Target	53.93
Upside Intraday Target	51.83

Weekly technical analysis of Bannari Am (BASML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	51.40	52.99	53.10	51.00	1.503 times
14 Thu Nov 2024	54.08	57.47	57.47	54.08	0.059 times
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

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 Bannari Am (BASML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	51.40	54.00	61.20	51.00	0.445 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 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 Bannari Am (BASML_BE)

Price action analysis of Bannari Am ( (BASML_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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Bannari Am 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 coming down

CCI has generated a SELL signal for Bannari Am in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bannari Am is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.66 and Bannari Am (BASML_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 Bannari Am (BASML_BE) stock. Volume based technical analysis of Bannari Am (BASML_BE) stock is negative.

Bannari Am 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.