Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-06 View latest technical analysis

10 day averaged volume of Blue Chip is 65390

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	7.46	7.32	7.46	7.32	3.58 times
05 Thu Dec 2024	7.32	7.32	7.32	7.32	1.547 times
04 Wed Dec 2024	7.33	7.40	7.40	7.33	1.532 times
03 Tue Dec 2024	7.48	7.49	7.49	7.48	1.241 times
02 Mon Dec 2024	7.64	7.64	7.64	7.64	0.847 times
29 Fri Nov 2024	7.80	7.80	7.80	7.80	0.79 times
28 Thu Nov 2024	7.96	7.96	7.96	7.96	0.687 times
27 Wed Nov 2024	8.13	8.13	8.13	8.13	1.159 times
26 Tue Nov 2024	8.30	8.30	8.30	8.30	0.567 times
25 Mon Nov 2024	8.47	8.47	8.47	8.47	1.039 times

Stock of Blue Chip (BLUECHIP_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.7, but if it comes above 7.7, then a intra day buy could be more profitable.
If you take a sell trade below 7.7, then use 7.7 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7.7 as stoploss and 8.53 as target.

Share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Target	4.75
Downside Target	5.18
Downside Target	6.07
Downside Target	6.37
Downside Target	7.32
Upside Target	7.64
Upside Target	7.80
Upside Target	8.40
Upside Target	8.65
Upside Target	9.21
Upside Target	9.40
Upside Target	9.43
Upside Target	9.80

Intraday share price targets for Blue Chip (BLUECHIP_BE)

Target Type	Value
Downside Intraday Target	7.31
Downside Intraday Target	7.15
Upside Intraday Target	7.63
Upside Intraday Target	7.79
Upside Intraday Target	7.47

Weekly technical analysis of Blue Chip (BLUECHIP_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	7.46	7.64	7.64	7.32	2.062 times
29 Fri Nov 2024	7.80	8.47	8.47	7.80	0.945 times
22 Fri Nov 2024	8.65	9.21	9.21	8.65	0.335 times
14 Thu Nov 2024	9.40	9.61	9.80	9.40	3.722 times
08 Fri Nov 2024	9.43	8.73	9.43	8.73	2.246 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
06 Fri Dec 2024	7.46	7.64	7.64	7.32	0.34 times
29 Fri Nov 2024	7.80	8.56	9.80	7.80	1.013 times
31 Thu Oct 2024	8.40	6.09	8.40	6.07	0.628 times
30 Mon Sep 2024	5.98	5.64	6.37	5.18	1.132 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 moving up

CCI has generated a buy signal for Blue Chip in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7.67 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 negative.

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