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(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 2024-09-03 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 56541

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	63.76	63.55	65.44	63.55	0.365 times
02 Mon Sep 2024	63.95	66.75	66.75	63.53	0.457 times
30 Fri Aug 2024	65.18	64.76	66.50	64.34	0.431 times
29 Thu Aug 2024	64.76	64.80	65.50	64.01	0.548 times
28 Wed Aug 2024	64.93	66.75	66.75	64.50	0.631 times
27 Tue Aug 2024	65.00	67.95	67.95	64.15	0.725 times
26 Mon Aug 2024	66.10	69.95	69.95	65.55	0.745 times
23 Fri Aug 2024	67.94	69.30	69.30	67.00	2.534 times
22 Thu Aug 2024	67.64	65.69	68.80	64.50	3.137 times
21 Wed Aug 2024	64.61	65.79	65.79	63.51	0.439 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 63.1 as stoploss in an intra day buy trade for a target of 64.5. However, stock will show a bearish move below 63.1.

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	53.55
Downside Target	58.66
Downside Target	60.12
Downside Target	61.65
Upside Target	65.70
Upside Target	68.80
Upside Target	69.30
Upside Target	69.95
Upside Target	70.60
Upside Target	72.40
Upside Target	72.97

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	62.61
Downside Intraday Target	61.46
Upside Intraday Target	65.83
Upside Intraday Target	67.9
Upside Intraday Target	64.68

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	63.76	66.75	66.75	63.53	0.267 times
30 Fri Aug 2024	65.18	69.95	69.95	64.01	0.394 times
23 Fri Aug 2024	67.94	62.97	69.30	62.96	3.048 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

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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	63.76	66.75	66.75	63.53	0.035 times
30 Fri Aug 2024	65.18	67.01	69.95	60.12	0.652 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

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 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 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 Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Biofil Chemicals in short term and the sell signal is strong.

Biofil Chemicals 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 Biofil Chemicals 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 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 66.53 and Biofil Chemicals (BIOFILCHEM) 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 Biofil Chemicals (BIOFILCHEM) stock. Volume based technical analysis of Biofil Chemicals (BIOFILCHEM) stock is negative.

Biofil Chemicals 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.