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(BLUECHIP_BE) Blue Chip complete technical analysis [charts+indicators] | Buy/Sell Blue Chip | (BLUECHIP_BE) share price targets

Complete technical analysis of Blue Chip (BLUECHIP_BE) by charts plus indicators, forecast predictions and share price targets for Blue Chip (BLUECHIP_BE)

10 day averaged volume of Blue Chip is 88226

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	3.20	3.20	3.20	3.20	0.317 times
16 Tue Apr 2024	3.15	3.15	3.15	3.15	3.435 times
15 Mon Apr 2024	3.10	3.10	3.10	3.10	1.719 times
12 Fri Apr 2024	3.05	3.05	3.05	3.05	0.439 times
10 Wed Apr 2024	3.00	3.00	3.00	3.00	0.482 times
09 Tue Apr 2024	2.95	2.95	2.95	2.95	0.492 times
08 Mon Apr 2024	2.90	2.90	2.90	2.90	0.397 times
05 Fri Apr 2024	2.85	2.85	2.85	2.85	0.336 times
04 Thu Apr 2024	2.80	2.80	2.80	2.80	0.499 times
03 Wed Apr 2024	2.75	2.75	2.75	2.75	0.386 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.2, for a target of 3.1 or 2.91

Share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Target	1.45
Downside Target	2.25
Downside Target	2.45
Downside Target	2.55
Downside Target	2.70
Downside Target	2.85
Downside Target	3.05
Downside Target	3.10
Downside Target	3.20
Upside Target	3.25
Upside Target	3.45

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	3.13
Downside Intraday Target	3.07
Upside Intraday Target	3.23
Upside Intraday Target	3.27
Downside Intraday Target	3.17

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	3.20	3.10	3.20	3.10	3.023 times
12 Fri Apr 2024	3.05	2.90	3.05	2.90	0.447 times
05 Fri Apr 2024	2.85	2.65	2.85	2.60	1.883 times
28 Thu Mar 2024	2.70	2.85	2.90	2.70	2.236 times
22 Fri Mar 2024	2.85	3.05	3.05	2.85	0.641 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	3.20	2.65	3.20	2.60	1.339 times
28 Thu Mar 2024	2.70	3.30	3.45	2.70	0.538 times
29 Thu Feb 2024	3.25	2.60	3.25	2.55	0.556 times
31 Wed Jan 2024	2.55	2.50	2.85	2.25	1.603 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 Blue Chip (BLUECHIP_BE)

Price action analysis of Blue Chip ( (BLUECHIP_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Blue Chip ( (BLUECHIP_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Blue Chip ( (BLUECHIP_BE) ) 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 Blue Chip stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Blue Chip 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.

Blue Chip 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 Blue Chip in short term and BUY signal is strong.

RSI is generating a SELL signal in short term

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 Blue Chip is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.05 and Blue Chip (BLUECHIP_BE) 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 Blue Chip (BLUECHIP_BE) stock. Volume based technical analysis of Blue Chip (BLUECHIP_BE) stock is negative.

Blue Chip 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.