(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 69702
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Fri Sep 2022||747.20||787.00||787.00||745.00||0.491 times|
|22 Thu Sep 2022||782.05||761.40||785.45||758.10||0.775 times|
|21 Wed Sep 2022||766.95||761.20||784.00||761.20||0.472 times|
|20 Tue Sep 2022||769.10||743.50||772.55||743.50||0.73 times|
|19 Mon Sep 2022||736.50||750.00||751.10||734.30||3.562 times|
|16 Fri Sep 2022||746.30||790.00||790.00||736.75||1.006 times|
|15 Thu Sep 2022||784.00||778.70||788.65||773.25||0.446 times|
|14 Wed Sep 2022||778.70||777.10||787.65||769.60||0.324 times|
|13 Tue Sep 2022||786.50||786.00||793.10||783.00||0.513 times|
|12 Mon Sep 2022||785.05||788.55||801.05||783.65||1.03 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 743.8 as stoploss in an intra day buy trade for a target of 762.99. However, stock will show a bearish move below 743.8.
Share price targets for Bharat Forge (BharatForge)
Intraday share price targets for Bharat Forge (BharatForge)
|Downside Intraday Target||725.33|
|Downside Intraday Target||703.47|
|Upside Intraday Target||778.03|
|Upside Intraday Target||808.87|
|Upside Intraday Target||756.17|
Weekly technical analysis of Bharat Forge (BharatForge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Fri Sep 2022||747.20||750.00||787.00||734.30||1.817 times|
|16 Fri Sep 2022||746.30||788.55||801.05||736.75||0.826 times|
|09 Fri Sep 2022||788.00||774.40||792.00||750.00||1.57 times|
|02 Fri Sep 2022||766.85||720.00||768.80||710.75||1.045 times|
|26 Fri Aug 2022||732.15||730.00||742.15||718.50||0.657 times|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bharat Forge (BharatForge)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|23 Fri Sep 2022||747.20||740.00||801.05||732.30||0.629 times|
|30 Tue Aug 2022||740.65||733.00||800.00||700.00||1.553 times|
|29 Fri Jul 2022||732.75||651.70||742.35||630.00||0.756 times|
|30 Thu Jun 2022||651.75||709.85||712.15||615.00||1.019 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||22, 23, 3||Sell|
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bharat Forge ( (BharatForge) ) based on a mid to longer 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.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 757.8 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 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.