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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)

10 day averaged volume of Beta Drugs is 5600

Date Daily Closing Price Open High Low Volume
29 Thu Oct 2020 117.50 117.50 117.50 117.50 0.429 times
28 Wed Oct 2020 118.00 124.00 124.00 118.00 0.714 times
27 Tue Oct 2020 129.00 128.00 129.00 128.00 0.286 times
26 Mon Oct 2020 129.00 128.90 129.00 128.90 0.714 times
22 Thu Oct 2020 129.00 129.00 129.00 128.95 0.714 times
21 Wed Oct 2020 129.85 130.20 130.20 129.85 0.286 times
20 Tue Oct 2020 132.00 126.55 132.00 126.05 1.429 times
19 Mon Oct 2020 128.70 124.80 128.70 124.10 1.857 times
16 Fri Oct 2020 117.00 126.55 126.55 117.00 1 times
15 Thu Oct 2020 127.50 135.00 135.00 124.00 0.714 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 113.8 as stoploss in an intra day buy trade for a target of 123.34. However, stock will show a bearish move below 113.8.

Share price targets for Beta Drugs (BETA_SM)

Target Type Value
Downside Target 47.00
Downside Target 58.50
Downside Target 70.50
Downside Target 75.20
Downside Target 78.00
Downside Target 92.40
Downside Target 102.00
Downside Target 104.60
Downside Target 109.75
Downside Target 117.00
Upside Target 124.10
Upside Target 129.00
Upside Target 131.45
Upside Target 132.00
Upside Target 140.80

Intraday share price targets for Beta Drugs (BETA_SM)

Target Type Value
Downside Intraday Target 113.67
Downside Intraday Target 109.83
Upside Intraday Target 125.17
Upside Intraday Target 132.83
Upside Intraday Target 121.33

Weekly technical analysis of Beta Drugs (BETA_SM)

Date Weekly Closing Price Open High Low Volume
29 Thu Oct 2020 117.50 128.90 129.00 117.50 0.5 times
22 Thu Oct 2020 129.00 124.80 132.00 124.10 0.508 times
16 Fri Oct 2020 117.00 140.80 140.80 117.00 0.457 times
09 Fri Oct 2020 131.45 105.00 131.45 102.00 3.071 times
01 Thu Oct 2020 105.65 97.00 109.75 92.40 0.396 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
29 Thu Oct 2020 117.50 105.00 140.80 102.00 0.601 times
30 Wed Sep 2020 101.00 82.00 109.75 75.20 2.136 times
31 Mon Aug 2020 84.35 79.95 102.00 78.00 0.497 times
31 Fri Jul 2020 79.10 61.85 104.60 58.50 4.066 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 29, 8 Sell
MACD 13, 16Sell
Stochastics 23Sell
CCI -139Sell
RSI 59Buy
OBV 76800Sell
VWAP 126Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 in or above 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 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 126.31 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 positive

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

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