(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.
10 day averaged volume of Biofil Chemicals is 104527
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jun 2022 | 51.65 | 51.00 | 52.85 | 50.05 | 0.217 times |
| 28 Tue Jun 2022 | 51.40 | 53.40 | 53.70 | 45.35 | 0.286 times |
| 27 Mon Jun 2022 | 53.15 | 53.85 | 55.00 | 52.30 | 0.237 times |
| 24 Fri Jun 2022 | 53.15 | 54.35 | 55.65 | 51.80 | 0.703 times |
| 23 Thu Jun 2022 | 54.45 | 54.00 | 56.45 | 51.70 | 1.758 times |
| 22 Wed Jun 2022 | 53.70 | 54.05 | 56.90 | 51.20 | 4.665 times |
| 21 Tue Jun 2022 | 47.85 | 42.55 | 47.85 | 40.90 | 0.513 times |
| 20 Mon Jun 2022 | 39.90 | 44.95 | 44.95 | 39.60 | 0.371 times |
| 17 Fri Jun 2022 | 44.95 | 50.00 | 50.10 | 43.90 | 1.209 times |
| 16 Thu Jun 2022 | 51.00 | 54.30 | 54.30 | 50.00 | 0.183 times |
My analysis of stock is bearish for shortterm, and stock might move down till 48.6 or till 43.7. Use a stoploss of 52.65 and if the stock hits stoploss, then it can shoot up till 56.72
Share price targets for Biofil Chemicals (BIOFILCHEM)
| Target Type | Value |
| Downside Target | 39.60 |
| Downside Target | 43.90 |
| Downside Target | 45.35 |
| Upside Target | 54.00 |
| Upside Target | 56.90 |
| Upside Target | 58.05 |
| Upside Target | 58.35 |
| Upside Target | 58.40 |
| Upside Target | 67.60 |
| Upside Target | 69.80 |
| Upside Target | 72.35 |
| Upside Target | 81.15 |
Intraday share price targets for Biofil Chemicals (BIOFILCHEM)
| Target Type | Value |
| Downside Intraday Target | 46.33 |
| Downside Intraday Target | 41.02 |
| Upside Intraday Target | 55.98 |
| Upside Intraday Target | 60.32 |
| Downside Intraday Target | 50.67 |
Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jun 2022 | 51.65 | 53.85 | 55.00 | 45.35 | 0.092 times |
| 24 Fri Jun 2022 | 53.15 | 44.95 | 56.90 | 39.60 | 4.84 times |
| 17 Fri Jun 2022 | 44.95 | 55.00 | 55.00 | 43.90 | 3.613 times |
| 10 Fri Jun 2022 | 55.30 | 57.30 | 57.30 | 54.95 | 0.777 times |
| 03 Fri Jun 2022 | 56.10 | 54.00 | 58.40 | 54.00 | 0.774 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 |
| 29 Wed Jun 2022 | 51.65 | 57.30 | 58.35 | 39.60 | 2.742 times |
| 31 Tue May 2022 | 57.10 | 61.90 | 67.60 | 54.00 | 0.508 times |
| 29 Fri Apr 2022 | 62.00 | 60.50 | 72.35 | 58.05 | 1.263 times |
| 31 Thu Mar 2022 | 57.65 | 61.60 | 69.80 | 55.65 | 0.818 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Biofil Chemicals (BIOFILCHEM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 32, 30 | Sell |
| MACD | -3, -4 | Buy |
| Stochastics | 72 | Buy |
| CCI | 26 | Buy |
| RSI | 54 | Buy |
| OBV | 394423 | Sell |
| VWAP | 52 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Biofil Chemicals stock for short term is SELL. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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
Stock of Biofil Chemicals is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.78 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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