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

(BIOFILCHEM) Biofil Chemicals complete technical analysis [charts+indicators] | Buy/Sell Biofil Chemicals | (BIOFILCHEM) share price targets

Complete technical analysis of Biofil Chemicals (BIOFILCHEM) by charts plus indicators, forecast predictions and share price targets for Biofil Chemicals (BIOFILCHEM)

Biofil Chemicals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 64383

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	64.46	65.90	65.90	64.27	0.309 times
19 Mon Aug 2024	64.39	62.97	65.90	62.96	1.194 times
16 Fri Aug 2024	62.97	63.97	63.97	62.01	0.407 times
14 Wed Aug 2024	62.38	63.30	64.78	60.12	0.641 times
13 Tue Aug 2024	63.31	65.08	65.70	63.06	0.623 times
12 Mon Aug 2024	64.15	63.60	65.25	62.91	0.582 times
09 Fri Aug 2024	64.92	64.13	68.80	63.62	4.191 times
08 Thu Aug 2024	63.22	63.90	64.79	62.12	0.543 times
07 Wed Aug 2024	63.90	63.00	64.24	62.54	0.34 times
06 Tue Aug 2024	62.44	63.35	65.00	62.05	0.271 times

My analysis of stock is bullish for shortterm, and stock might move up till 65.5 or till 67. Use a stoploss of 64.18 and if this stock hits its stoploss, then it can fall down till 62.88

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	53.55
Downside Target	58.66
Downside Target	60.12
Upside Target	65.70
Upside Target	66.54
Upside Target	68.80
Upside Target	70.50
Upside Target	70.60
Upside Target	72.40
Upside Target	72.97
Upside Target	77.60

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	62.98
Downside Intraday Target	61.5
Upside Intraday Target	65.92
Upside Intraday Target	67.38
Downside Intraday Target	64.44

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	64.46	62.97	65.90	62.96	0.667 times
16 Fri Aug 2024	62.97	63.60	65.70	60.12	0.344 times
09 Fri Aug 2024	64.92	65.95	68.80	62.05	0.816 times
02 Fri Aug 2024	65.96	66.90	70.50	63.19	1.209 times
26 Fri Jul 2024	65.07	60.05	66.54	58.66	2.211 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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	64.46	67.01	68.80	60.12	0.4 times
31 Wed Jul 2024	66.63	65.90	72.97	58.66	1.517 times
28 Fri Jun 2024	64.36	63.75	70.60	53.55	2.103 times
31 Fri May 2024	62.55	71.90	72.40	61.65	0.279 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 Biofil Chemicals (BIOFILCHEM)

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) based on a short 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.

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals ( (BIOFILCHEM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Biofil Chemicals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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

Biofil Chemicals 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Biofil Chemicals in short term and BUY 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 Biofil Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.2 and Biofil Chemicals (BIOFILCHEM) 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 Biofil Chemicals (BIOFILCHEM) stock. Volume based technical analysis of Biofil Chemicals (BIOFILCHEM) stock is negative.

Biofil Chemicals Stock is giving positive 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.