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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)

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Blue Chip is 56631

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	2.85	2.85	2.85	2.85	0.524 times
04 Thu Apr 2024	2.80	2.80	2.80	2.80	0.777 times
03 Wed Apr 2024	2.75	2.75	2.75	2.75	0.601 times
02 Tue Apr 2024	2.70	2.70	2.70	2.60	2.827 times
01 Mon Apr 2024	2.65	2.65	2.65	2.65	1.584 times
28 Thu Mar 2024	2.70	2.80	2.80	2.70	1.025 times
27 Wed Mar 2024	2.75	2.75	2.75	2.75	0.914 times
26 Tue Mar 2024	2.80	2.85	2.90	2.80	1.415 times
22 Fri Mar 2024	2.85	2.85	2.85	2.85	0.455 times
21 Thu Mar 2024	2.90	2.90	2.90	2.90	0.234 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.7 or till 2.5. Use a stoploss of 2.98 and if the stock hits stoploss, then it can shoot up till 3.21

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
Upside Target	3.05
Upside Target	3.10
Upside Target	3.25
Upside Target	3.30
Upside Target	3.35
Upside Target	3.45

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	2.68
Downside Intraday Target	2.52
Upside Intraday Target	2.93
Upside Intraday Target	3.02
Downside Intraday Target	2.77

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
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
15 Fri Mar 2024	3.10	3.30	3.30	3.10	0.397 times
07 Thu Mar 2024	3.35	3.40	3.45	3.35	5.734 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
05 Fri Apr 2024	2.85	2.65	2.85	2.60	0.479 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 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 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 SELL signal for Blue Chip in short term and the sell signal is strong.

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

Blue Chip 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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

Stock of Blue Chip is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.74 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 falling down

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 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.