(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 28288
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Wed Feb 2023||866.95||871.40||871.40||859.00||0.549 times|
|07 Tue Feb 2023||864.70||876.00||878.00||859.75||0.481 times|
|06 Mon Feb 2023||875.80||870.30||884.00||863.20||0.821 times|
|03 Fri Feb 2023||868.05||873.00||884.00||852.55||0.872 times|
|02 Thu Feb 2023||871.05||855.05||884.20||855.05||1.304 times|
|01 Wed Feb 2023||866.85||886.95||903.70||845.00||2.695 times|
|31 Tue Jan 2023||875.20||867.00||884.00||864.70||1.014 times|
|30 Mon Jan 2023||865.60||850.15||869.60||850.15||0.527 times|
|27 Fri Jan 2023||854.60||869.95||872.70||839.95||1.204 times|
|25 Wed Jan 2023||862.60||868.60||869.55||849.35||0.726 times|
My analysis of stock is bearish for shortterm, and stock might move down till 862.2 or till 855. Use a stoploss of 868.2 and if the stock hits stoploss, then it can shoot up till 874.2
Share price targets for Bharat Forge (BharatForge)
Intraday share price targets for Bharat Forge (BharatForge)
|Downside Intraday Target||855.97|
|Downside Intraday Target||844.98|
|Upside Intraday Target||880.97|
|Upside Intraday Target||894.98|
|Upside Intraday Target||869.98|
Weekly technical analysis of Bharat Forge (BharatForge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Wed Feb 2023||866.95||870.30||884.00||859.00||0.289 times|
|03 Fri Feb 2023||868.05||850.15||903.70||845.00||2.326 times|
|27 Fri Jan 2023||854.60||867.85||883.45||839.95||0.214 times|
|20 Fri Jan 2023||861.30||875.00||882.20||856.05||2.461 times|
|13 Fri Jan 2023||873.10||869.50||890.45||860.30||0.938 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|
|08 Wed Feb 2023||866.95||886.95||903.70||845.00||0.24 times|
|31 Tue Jan 2023||875.20||884.95||891.95||839.95||0.996 times|
|30 Fri Dec 2022||879.55||864.30||919.50||827.75||0.618 times|
|30 Wed Nov 2022||858.95||831.15||896.40||816.40||0.801 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||7, 12, 28||Sell|
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 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 short to mid term time period is
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 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 867.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.