(RkForgings) Rk Forgings Monthly charts technical analysis
(RkForgings) Rk Forgings Monthly charts technical analysis Monthly analysis of Rk Forgings | Buy/Sell Rk Forgings
10 day averaged volume of Rk Forgings is 68862
| Date | Closing Price | Open | High | Low | Volume |
| 07 Fri Oct 2022 | 211.30 | 194.65 | 215.15 | 194.65 | 0.263 Mn |
| 30 Fri Sep 2022 | 198.75 | 200.00 | 214.15 | 175.50 | 1.399 Mn |
| 30 Tue Aug 2022 | 200.65 | 184.90 | 206.75 | 176.60 | 1.381 Mn |
| 29 Fri Jul 2022 | 177.80 | 161.05 | 183.90 | 154.20 | 0.569 Mn |
| 30 Thu Jun 2022 | 163.05 | 166.00 | 169.55 | 145.50 | 0.466 Mn |
| 31 Tue May 2022 | 166.70 | 188.75 | 198.80 | 150.95 | 0.82 Mn |
| 29 Fri Apr 2022 | 188.75 | 162.00 | 196.00 | 159.55 | 1.126 Mn |
| 31 Thu Mar 2022 | 157.50 | 812.00 | 855.00 | 156.40 | 1.14 Mn |
| 28 Mon Feb 2022 | 813.95 | 963.80 | 968.55 | 760.00 | 0.314 Mn |
| 31 Mon Jan 2022 | 954.45 | 970.00 | 1063.40 | 905.00 | 0.526 Mn |
Indicators analysis of Rk Forgings (RkForgings)
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short 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.
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rk Forgings ( (RkForgings) ) 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 Rk Forgings ( (RkForgings) ) based on a mid to longer term time period is
ADX buy sell signal for Rk Forgings stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Rk Forgings 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.
Rk Forgings 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rk Forgings in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Rk Forgings is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 259.18 and Rk Forgings (RkForgings) 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 Rk Forgings (RkForgings) stock. Volume based technical analysis of Rk Forgings (RkForgings) stock is negative.
Rk Forgings 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.
Monthly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 37, 22 | Sell |
| MACD | -32, -5 | Sell |
| Stochastics | 6 | Sell |
| CCI | -41 | Buy |
| RSI | 37 | Sell |
| OBV | 3827087 | Sell |
| VWAP | 259 | Sell |
| ADL | 0 | Sell |
| ROC | -78 | Sell |
| Force Index | 0 | Sell |
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