(RkForgings) Rk Forgings Renko charts technical analysis
(RkForgings) Rk Forgings Renko charts technical analysis Renko analysis of Rk Forgings | Buy/Sell Rk Forgings
10 day averaged volume of Rk Forgings is 61937
| Date | Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 166.80 | 165.20 | 169.45 | 163.50 | 0.022 Mn |
| 17 Tue May 2022 | 162.10 | 165.95 | 167.20 | 159.05 | 0.041 Mn |
| 16 Mon May 2022 | 163.90 | 160.20 | 165.25 | 159.30 | 0.024 Mn |
| 13 Fri May 2022 | 157.80 | 156.00 | 163.20 | 155.90 | 0.061 Mn |
| 12 Thu May 2022 | 152.90 | 161.00 | 161.05 | 150.95 | 0.062 Mn |
| 11 Wed May 2022 | 163.90 | 171.40 | 173.70 | 160.80 | 0.091 Mn |
| 10 Tue May 2022 | 171.40 | 172.50 | 175.50 | 170.00 | 0.036 Mn |
| 09 Mon May 2022 | 172.40 | 173.50 | 175.30 | 170.45 | 0.041 Mn |
| 06 Fri May 2022 | 173.50 | 175.65 | 175.65 | 168.40 | 0.049 Mn |
| 05 Thu May 2022 | 175.65 | 185.50 | 190.80 | 172.00 | 0.057 Mn |
Indicators analysis of Rk Forgings (RkForgings)
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 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 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 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 Rk Forgings stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Rk Forgings in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rk Forgings 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. 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 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 165.34 and Rk Forgings (RkForgings) 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 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 positive
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 | 12, 29, 42 | Sell |
| MACD | -86, -97 | Buy |
| Stochastics | 30 | None |
| CCI | -4 | Buy |
| RSI | 35 | Sell |
| OBV | -284454 | Sell |
| VWAP | 165 | Buy |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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