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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 2024-08-16 View latest technical analysis

10 day averaged volume of Beta Drugs is 5490

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1379.00	1373.65	1395.90	1373.65	0.747 times
14 Wed Aug 2024	1346.70	1321.00	1360.00	1321.00	0.528 times
13 Tue Aug 2024	1331.55	1337.05	1358.00	1330.00	0.237 times
12 Mon Aug 2024	1360.00	1395.00	1395.00	1355.00	0.492 times
09 Fri Aug 2024	1397.20	1385.00	1407.45	1345.00	1.403 times
08 Thu Aug 2024	1374.70	1299.35	1389.80	1281.55	3.315 times
07 Wed Aug 2024	1299.35	1255.10	1310.00	1241.00	1.056 times
06 Tue Aug 2024	1240.30	1241.65	1277.00	1239.95	0.765 times
05 Mon Aug 2024	1238.70	1295.00	1295.00	1201.00	1.548 times
02 Fri Aug 2024	1297.30	1270.00	1301.00	1255.05	0.419 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1354, but if it comes below 1354, then a intra day sell could be more profitable.
If you take a sell trade below 1354, then use 1354 as stoploss and 1312.44 as target. However if you take a buy trade in stock , then use 1354 as stoploss and 1404 as target.

Share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Target	1100.00
Downside Target	1155.00
Downside Target	1240.00
Downside Target	1285.00
Downside Target	1340.00
Downside Target	1352.30
Upside Target	1390.00
Upside Target	1395.90
Upside Target	1407.45
Upside Target	1428.00

Intraday share price targets for Beta Drugs (BETA_SM)

Target Type	Value
Downside Intraday Target	1334.7
Downside Intraday Target	1290.4
Upside Intraday Target	1409.6
Upside Intraday Target	1440.2
Downside Intraday Target	1365.3

Weekly technical analysis of Beta Drugs (BETA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1379.00	1395.00	1395.90	1321.00	0.248 times
09 Fri Aug 2024	1397.20	1295.00	1407.45	1201.00	2.596 times
02 Fri Aug 2024	1297.30	1300.00	1340.00	1255.05	0.466 times
26 Fri Jul 2024	1292.25	1260.00	1352.30	1240.00	1 times
19 Fri Jul 2024	1300.55	1218.00	1308.85	1201.30	1.215 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
16 Fri Aug 2024	1379.00	1300.10	1407.45	1201.00	0.424 times
31 Wed Jul 2024	1298.30	1235.00	1352.30	1178.00	1.274 times
28 Fri Jun 2024	1210.00	1250.00	1285.00	1100.00	0.552 times
31 Fri May 2024	1202.25	1350.70	1390.00	1155.00	2.815 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 Beta Drugs (BETA_SM)

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 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 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 Beta Drugs ( (BETA_SM) ) 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 Beta Drugs stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Beta Drugs in short term and the buy signal is strong.

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

Beta Drugs Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Beta Drugs in short term and BUY signal is strong.

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 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 1334.46 and Beta Drugs (BETA_SM) 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 Beta Drugs (BETA_SM) stock. Volume based technical analysis of Beta Drugs (BETA_SM) stock is negative.

Beta Drugs Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.