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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 2024-08-21 View latest technical analysis

10 day averaged volume of Blue Chip is 64148

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	4.85	4.85	4.85	4.85	1.94 times
20 Tue Aug 2024	4.95	4.95	4.95	4.95	1.544 times
19 Mon Aug 2024	5.06	5.06	5.10	5.06	2.645 times
16 Fri Aug 2024	5.17	5.17	5.17	5.17	0.596 times
14 Wed Aug 2024	5.28	5.28	5.28	5.28	0.429 times
13 Tue Aug 2024	5.39	5.39	5.39	5.39	0.442 times
12 Mon Aug 2024	5.51	5.51	5.51	5.51	0.828 times
09 Fri Aug 2024	5.63	5.63	5.63	5.63	0.641 times
08 Thu Aug 2024	5.75	5.75	5.75	5.75	0.762 times
07 Wed Aug 2024	5.87	5.87	5.87	5.87	0.825 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.7, for a target of 5.3 or 5.7

Share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Target	2.60
Downside Target	3.20
Downside Target	3.60
Downside Target	4.20
Downside Target	4.85
Upside Target	5.10
Upside Target	5.38
Upside Target	5.51
Upside Target	5.63
Upside Target	5.91
Upside Target	6.02
Upside Target	6.12
Upside Target	6.26
Upside Target	6.38

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	4.77
Downside Intraday Target	4.68
Upside Intraday Target	5.02
Upside Intraday Target	5.18
Upside Intraday Target	4.93

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	4.85	5.06	5.10	4.85	2.67 times
16 Fri Aug 2024	5.17	5.51	5.51	5.17	0.352 times
09 Fri Aug 2024	5.63	6.12	6.12	5.63	0.49 times
02 Fri Aug 2024	6.25	6.02	6.38	6.02	1.418 times
26 Fri Jul 2024	5.91	5.38	5.91	5.38	1.454 times

Price has moved down 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
21 Wed Aug 2024	4.85	6.38	6.38	4.85	0.676 times
31 Wed Jul 2024	6.26	4.28	6.26	4.28	1.812 times
28 Fri Jun 2024	4.20	3.40	4.20	3.20	0.94 times
31 Fri May 2024	3.40	3.55	3.65	3.20	1.032 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 Blue Chip (BLUECHIP_BE)

Price action analysis of Blue Chip ( (BLUECHIP_BE) ) 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Blue Chip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Blue Chip in short term but the sell signal is initial and weak.

Blue Chip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Blue Chip in short term and SELL 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 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 5.22 and Blue Chip (BLUECHIP_BE) 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.