(BharatForge) Bharat Forge Renko charts technical analysis
(BharatForge) Bharat Forge Renko charts technical analysis Renko analysis of Bharat Forge | Buy/Sell Bharat Forge
10 day averaged volume of Bharat Forge is 54014
| Date | Closing Price | Open | High | Low | Volume |
| 25 Tue Jan 2022 | 729.60 | 718.00 | 733.30 | 705.60 | 0.041 Mn |
| 24 Mon Jan 2022 | 718.45 | 729.85 | 739.85 | 710.65 | 0.104 Mn |
| 21 Fri Jan 2022 | 739.60 | 742.75 | 755.70 | 731.95 | 0.043 Mn |
| 20 Thu Jan 2022 | 750.55 | 760.00 | 760.80 | 742.95 | 0.023 Mn |
| 19 Wed Jan 2022 | 758.25 | 759.00 | 763.40 | 749.15 | 0.02 Mn |
| 18 Tue Jan 2022 | 760.50 | 778.80 | 779.05 | 756.00 | 0.047 Mn |
| 17 Mon Jan 2022 | 775.35 | 776.05 | 787.40 | 770.05 | 0.053 Mn |
| 14 Fri Jan 2022 | 781.15 | 762.55 | 783.75 | 761.15 | 0.052 Mn |
| 13 Thu Jan 2022 | 766.40 | 754.70 | 771.00 | 754.70 | 0.025 Mn |
| 12 Wed Jan 2022 | 760.45 | 761.00 | 766.00 | 736.00 | 0.093 Mn |
Indicators analysis of Bharat Forge (BharatForge)
Price action analysis of Bharat Forge ( (BharatForge) ) 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 Bharat Forge ( (BharatForge) ) 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 Bharat Forge ( (BharatForge) ) based on a short to mid 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 Bharat Forge ( (BharatForge) ) 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 Bharat Forge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bharat Forge in short term but the sell signal is initial and weak.
Bharat Forge 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Bharat Forge in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Bharat Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 750.85 and Bharat Forge (BharatForge) 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 Bharat Forge (BharatForge) stock. Volume based technical analysis of Bharat Forge (BharatForge) stock is negative.
Bharat Forge 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.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 33, 34 | Sell |
| MACD | 7, 12 | Sell |
| Stochastics | 18 | Sell |
| CCI | -138 | Sell |
| RSI | 50 | Sell |
| OBV | 79707 | Sell |
| VWAP | 751 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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