(RkForgings) Rk Forgings Weekly charts technical analysis
(RkForgings) Rk Forgings Weekly charts technical analysis Weekly analysis of Rk Forgings | Buy/Sell Rk Forgings
10 day averaged volume of Rk Forgings is 47707
| Date | Closing Price | Open | High | Low | Volume |
| 09 Fri Dec 2022 | 233.45 | 241.70 | 241.95 | 226.70 | 0.172 Mn |
| 02 Fri Dec 2022 | 237.50 | 216.30 | 240.75 | 216.30 | 0.335 Mn |
| 25 Fri Nov 2022 | 220.65 | 226.35 | 228.25 | 217.00 | 0.133 Mn |
| 18 Fri Nov 2022 | 226.85 | 241.90 | 244.10 | 223.95 | 0.319 Mn |
| 11 Fri Nov 2022 | 241.90 | 240.60 | 244.40 | 232.30 | 0.531 Mn |
| 04 Fri Nov 2022 | 237.35 | 223.15 | 239.60 | 223.15 | 0.343 Mn |
| 28 Fri Oct 2022 | 223.10 | 235.75 | 238.00 | 221.00 | 0.166 Mn |
| 21 Fri Oct 2022 | 228.90 | 233.00 | 236.65 | 223.90 | 0.406 Mn |
| 14 Fri Oct 2022 | 223.75 | 208.00 | 227.20 | 201.40 | 0.591 Mn |
| 07 Fri Oct 2022 | 211.30 | 194.65 | 215.15 | 194.65 | 0.263 Mn |
Indicators analysis of Rk Forgings (RkForgings)
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Rk Forgings in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 229.84 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 rising upwards.
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 is giving positive 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 21, 3 | Buy |
| MACD | -73, -92 | Buy |
| Stochastics | 78 | Buy |
| CCI | 62 | Buy |
| RSI | 38 | Sell |
| OBV | 3361547 | Sell |
| VWAP | 230 | Buy |
| ADL | 0 | Sell |
| ROC | 17 | Buy |
| Force Index | 0 | Sell |
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