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(BETA_SM) Beta Drugs complete technical analysis [charts+indicators] | Buy/Sell Beta Drugs | (BETA_SM) share price targets

Complete technical analysis of Beta Drugs (BETA_SM) by charts plus indicators, forecast predictions and share price targets for Beta Drugs (BETA_SM)

Showing technical analysis as on 2024-05-23 View latest technical analysis

10 day averaged volume of Beta Drugs is 13680

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	1221.60	1263.20	1263.20	1213.00	0.292 times
22 Wed May 2024	1263.20	1268.00	1268.00	1250.00	0.431 times
21 Tue May 2024	1253.00	1225.00	1261.00	1206.00	3.107 times
18 Sat May 2024	1190.10	1205.00	1230.00	1189.00	0.132 times
17 Fri May 2024	1192.30	1170.00	1219.00	1155.00	0.855 times
16 Thu May 2024	1179.90	1240.00	1240.00	1172.00	0.673 times
15 Wed May 2024	1209.60	1279.00	1350.00	1175.00	3.779 times
14 Tue May 2024	1314.80	1323.00	1348.95	1283.00	0.409 times
13 Mon May 2024	1316.65	1300.00	1319.90	1280.00	0.344 times
10 Fri May 2024	1270.60	1282.00	1300.00	1258.50	0.139 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1224.2, but if it comes above 1224.2, then a intra day buy could be more profitable.
If you take a sell trade below 1224.2, then use 1224.2 as stoploss and 1156.4 as target. However if you take a buy trade in stock , then use 1224.2 as stoploss and 1280.65 as target.

Share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1155.00
Downside Target	1206.00
Upside Target	1250.00
Upside Target	1300.00
Upside Target	1357.05
Upside Target	1390.00
Upside Target	1428.00
Upside Target	1465.80
Upside Target	1524.00

Intraday share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Intraday Target	1195.73
Downside Intraday Target	1169.87
Upside Intraday Target	1257.73
Upside Intraday Target	1293.87
Upside Intraday Target	1231.87

Weekly technical analysis of Beta Drugs (BETA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	1221.60	1225.00	1268.00	1206.00	0.619 times
18 Sat May 2024	1190.10	1300.00	1350.00	1155.00	4.868 times
10 Fri May 2024	1270.60	1332.00	1340.25	1250.00	1.067 times
03 Fri May 2024	1347.50	1332.50	1390.00	1300.00	1.072 times
26 Fri Apr 2024	1306.35	1406.00	1428.00	1300.00	0.788 times

Price has moved up 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 Beta Drugs (BETA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	1221.60	1350.70	1390.00	1155.00	2.329 times
30 Tue Apr 2024	1349.00	1280.00	1428.00	1252.00	0.789 times
28 Thu Mar 2024	1233.75	1270.10	1318.00	1060.05	0.971 times
29 Thu Feb 2024	1270.00	1432.00	1465.80	1168.15	1.069 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 Beta Drugs (BETA_SM)

Price action analysis of Beta Drugs ( (BETA_SM) ) 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 Beta Drugs ( (BETA_SM) ) 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 Beta Drugs ( (BETA_SM) ) 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 Beta Drugs ( (BETA_SM) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Beta Drugs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Beta Drugs in short term and the sell signal is strong.

Beta Drugs 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 weakening, and bulls are picking up momentum!

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 Beta Drugs in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Beta Drugs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1230.51 and Beta Drugs (BETA_SM) 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 Beta Drugs (BETA_SM) stock. Volume based technical analysis of Beta Drugs (BETA_SM) stock is negative.

Beta Drugs 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.