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(BharatForge) Bharat Forge complete technical analysis [charts+indicators] | Buy/Sell Bharat Forge | (BharatForge) share price targets

Complete technical analysis of Bharat Forge (BharatForge) by charts plus indicators, forecast predictions and share price targets for Bharat Forge (BharatForge)

10 day averaged volume of Bharat Forge is 91794

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 690.15 681.00 699.95 679.75 0.426 times
17 Tue May 2022 678.50 658.00 680.40 647.50 0.637 times
16 Mon May 2022 661.75 635.00 669.50 626.00 1.212 times
13 Fri May 2022 629.15 609.80 651.80 609.80 0.656 times
12 Thu May 2022 603.45 625.00 630.30 597.50 0.506 times
11 Wed May 2022 629.45 640.40 640.40 624.25 0.424 times
10 Tue May 2022 631.60 635.00 648.90 630.00 0.344 times
09 Mon May 2022 637.00 650.10 656.00 628.60 0.739 times
06 Fri May 2022 659.80 666.00 669.40 652.30 0.625 times
05 Thu May 2022 676.85 680.00 691.10 674.75 0.227 times

My analysis of stock is bullish for shortterm, and stock might move up till 719.1 or till 765.6. Use a stoploss of 680.3 and if this stock hits its stoploss, then it can fall down till 641.54

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 595.85
Downside Target 626.00
Downside Target 651.05
Upside Target 694.35
Upside Target 699.95
Upside Target 714.85
Upside Target 725.50
Upside Target 731.20
Upside Target 751.95
Upside Target 753.15
Upside Target 767.00
Upside Target 787.40

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 644.12
Downside Intraday Target 598.08
Upside Intraday Target 718.07
Upside Intraday Target 745.98
Downside Intraday Target 672.03

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 690.15 635.00 699.95 626.00 0.852 times
13 Fri May 2022 629.15 650.10 656.00 597.50 0.458 times
06 Fri May 2022 659.80 693.95 695.15 652.30 4.323 times
29 Fri Apr 2022 701.25 722.00 731.20 698.90 0.88 times
22 Fri Apr 2022 723.70 729.40 751.95 714.85 2.086 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Forge (BharatForge)

Date Monthly Closing Price Open High Low Volume
18 Wed May 2022 690.15 693.95 699.95 597.50 1.812 times
29 Fri Apr 2022 701.25 700.60 753.15 694.35 0.41 times
31 Thu Mar 2022 701.90 670.00 725.50 595.85 0.961 times
28 Mon Feb 2022 677.90 738.25 767.00 651.05 1.272 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bharat Forge (BharatForge)

Indicator Name Indicator Value Indicator Signal
ADX 25, 24, 2 Buy
MACD -22, -25Buy
Stochastics 80Buy
CCI 130Buy
RSI 52Buy
OBV -406500Sell
VWAP 650Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Bharat Forge ( (BharatForge) ) 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 Bharat Forge ( (BharatForge) ) 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 Bharat Forge ( (BharatForge) ) 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 Bharat Forge ( (BharatForge) ) based on a mid to longer 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.

ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bharat Forge 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.

Bharat Forge 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 moving up

CCI has generated a buy signal for Bharat Forge in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 649.97 and Bharat Forge (BharatForge) 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 Bharat Forge (BharatForge) stock. Volume based technical analysis of Bharat Forge (BharatForge) stock is negative.

Bharat Forge Stock is giving positive 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.

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Daily charts

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Daily chart

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