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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 2024-06-04 View latest technical analysis

10 day averaged volume of Beta Drugs is 9510

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1190.15	1170.00	1197.80	1100.00	0.81 times
03 Mon Jun 2024	1190.55	1250.00	1250.00	1180.00	0.894 times
31 Fri May 2024	1202.25	1269.95	1270.00	1175.00	1.577 times
30 Thu May 2024	1260.00	1254.00	1274.95	1220.05	0.273 times
29 Wed May 2024	1254.00	1225.00	1257.00	1225.00	0.147 times
28 Tue May 2024	1229.30	1237.00	1285.00	1225.00	0.778 times
27 Mon May 2024	1237.00	1210.00	1248.00	1210.00	0.379 times
24 Fri May 2024	1209.00	1220.00	1239.85	1191.00	0.442 times
23 Thu May 2024	1221.60	1263.20	1263.20	1213.00	0.421 times
22 Wed May 2024	1263.20	1268.00	1268.00	1250.00	0.62 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1195.8, but if it comes above 1195.8, then a intra day buy could be more profitable.
If you take a sell trade below 1195.8, then use 1195.8 as stoploss and 1144.8 as target. However if you take a buy trade in stock , then use 1195.8 as stoploss and 1238.33 as target.

Share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Target	1060.05
Downside Target	1100.00
Downside Target	1155.00
Upside Target	1250.00
Upside Target	1268.00
Upside Target	1285.00
Upside Target	1318.00
Upside Target	1340.25
Upside Target	1350.00
Upside Target	1390.00
Upside Target	1428.00
Upside Target	1465.80

Intraday share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Intraday Target	1110.1
Downside Intraday Target	1030.05
Upside Intraday Target	1260.1
Upside Intraday Target	1330.05
Downside Intraday Target	1180.05

Weekly technical analysis of Beta Drugs (BETA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1190.15	1250.00	1250.00	1100.00	0.54 times
31 Fri May 2024	1202.25	1210.00	1285.00	1175.00	0.53 times
24 Fri May 2024	1209.00	1225.00	1268.00	1191.00	0.668 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

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 Beta Drugs (BETA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1190.15	1250.00	1250.00	1100.00	0.082 times
31 Fri May 2024	1202.25	1350.70	1390.00	1155.00	2.815 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

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 Beta Drugs (BETA_SM)

Price action analysis of Beta Drugs ( (BETA_SM) ) 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 Beta Drugs ( (BETA_SM) ) 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 Beta Drugs 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 Beta Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1215.86 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.