(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 2021-11-22 View latest technical analysis
10 day averaged volume of Bharat Forge is 105593
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Mon Nov 2021||740.85||787.85||787.85||729.90||0.91 times|
|18 Thu Nov 2021||779.45||800.55||802.10||769.00||1.06 times|
|17 Wed Nov 2021||802.50||792.90||824.95||792.90||0.844 times|
|16 Tue Nov 2021||800.55||782.00||813.35||777.00||1.139 times|
|15 Mon Nov 2021||777.50||777.95||799.05||771.40||0.784 times|
|12 Fri Nov 2021||774.70||792.00||807.05||765.85||2.612 times|
|11 Thu Nov 2021||782.50||824.70||824.70||777.75||1.167 times|
|10 Wed Nov 2021||831.15||832.55||848.00||828.00||0.656 times|
|09 Tue Nov 2021||833.85||818.00||837.00||815.25||0.717 times|
|08 Mon Nov 2021||814.35||781.05||820.75||780.70||0.982 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 737.8, for a target of 764 or 785.8
Share price targets for Bharat Forge (BharatForge)
Intraday share price targets for Bharat Forge (BharatForge)
|Downside Intraday Target||717.88|
|Downside Intraday Target||694.92|
|Upside Intraday Target||775.83|
|Upside Intraday Target||810.82|
|Upside Intraday Target||752.87|
Weekly technical analysis of Bharat Forge (BharatForge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Mon Nov 2021||740.85||787.85||787.85||729.90||0.238 times|
|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|
Price has moved down 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|
|22 Mon Nov 2021||740.85||768.35||848.00||729.90||0.537 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 down 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||19, 35, 31||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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a mid to longer 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
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Bharat Forge in short term and SELL signal is strong!
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
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 789.13 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.