(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)
Showing technical analysis as on 2021-11-18 View latest technical analysis
10 day averaged volume of Bharat Forge is 98441
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 779.45 | 800.55 | 802.10 | 769.00 | 1.137 times |
| 17 Wed Nov 2021 | 802.50 | 792.90 | 824.95 | 792.90 | 0.906 times |
| 16 Tue Nov 2021 | 800.55 | 782.00 | 813.35 | 777.00 | 1.222 times |
| 15 Mon Nov 2021 | 777.50 | 777.95 | 799.05 | 771.40 | 0.841 times |
| 12 Fri Nov 2021 | 774.70 | 792.00 | 807.05 | 765.85 | 2.801 times |
| 11 Thu Nov 2021 | 782.50 | 824.70 | 824.70 | 777.75 | 1.251 times |
| 10 Wed Nov 2021 | 831.15 | 832.55 | 848.00 | 828.00 | 0.704 times |
| 09 Tue Nov 2021 | 833.85 | 818.00 | 837.00 | 815.25 | 0.769 times |
| 08 Mon Nov 2021 | 814.35 | 781.05 | 820.75 | 780.70 | 1.054 times |
| 04 Thu Nov 2021 | 781.05 | 775.00 | 784.15 | 772.00 | 0.042 times |
My analysis of stock is bearish for shortterm, and stock might move down till 768.6 or till 745.5. Use a stoploss of 787.85 and if the stock hits stoploss, then it can shoot up till 807.11
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 716.90 |
| Downside Target | 748.85 |
| Upside Target | 793.00 |
| Upside Target | 811.00 |
| Upside Target | 817.30 |
| Upside Target | 824.95 |
| Upside Target | 832.15 |
| Upside Target | 846.60 |
| Upside Target | 848.00 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 757.32 |
| Downside Intraday Target | 735.18 |
| Upside Intraday Target | 813.27 |
| Upside Intraday Target | 847.08 |
| Upside Intraday Target | 791.13 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 779.45 | 777.95 | 824.95 | 769.00 | 0.624 times |
| 12 Fri Nov 2021 | 774.70 | 781.05 | 848.00 | 765.85 | 6.083 times |
| 04 Thu Nov 2021 | 781.05 | 768.35 | 793.00 | 767.60 | 0.294 times |
| 29 Fri Oct 2021 | 767.75 | 793.50 | 799.00 | 748.85 | 0.577 times |
| 22 Fri Oct 2021 | 788.20 | 810.70 | 817.30 | 761.90 | 1.035 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 Thu Nov 2021 | 779.45 | 768.35 | 848.00 | 765.85 | 0.496 times |
| 29 Fri Oct 2021 | 767.75 | 737.40 | 817.30 | 717.30 | 0.774 times |
| 30 Thu Sep 2021 | 737.40 | 775.90 | 811.00 | 727.50 | 1.187 times |
| 31 Tue Aug 2021 | 767.10 | 771.80 | 846.60 | 716.90 | 1.286 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Bharat Forge (BharatForge)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 28, 11 | Sell |
| MACD | 10, 12 | Sell |
| Stochastics | 34 | None |
| CCI | -69 | Sell |
| RSI | 51 | Buy |
| OBV | -362732 | Sell |
| VWAP | 793 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is
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 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 mid to longer 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.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak 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 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 coming down
CCI has generated a SELL signal for Bharat Forge in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bharat Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 793.49 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 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.
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