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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)

Showing technical analysis as on 2022-04-27 View latest technical analysis

10 day averaged volume of Bharat Forge is 26623

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 713.60 721.00 724.90 710.10 0.714 times
26 Tue Apr 2022 727.75 709.80 731.20 709.80 1.09 times
25 Mon Apr 2022 701.35 722.00 727.75 699.40 1.087 times
22 Fri Apr 2022 723.70 738.40 738.40 722.00 0.562 times
21 Thu Apr 2022 738.50 731.00 750.00 731.00 1.24 times
20 Wed Apr 2022 731.15 722.90 751.95 722.90 1.408 times
19 Tue Apr 2022 725.00 740.00 742.40 719.90 1.249 times
18 Mon Apr 2022 727.40 729.40 732.10 714.85 0.829 times
13 Wed Apr 2022 732.90 739.95 742.50 727.00 1.08 times
12 Tue Apr 2022 729.50 736.00 736.45 716.65 0.734 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 708.6 as stoploss in an intra day buy trade for a target of 722.17. However, stock will show a bearish move below 708.6.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 595.85
Downside Target 651.05
Downside Target 679.30
Downside Target 694.35
Upside Target 731.20
Upside Target 745.65
Upside Target 751.90
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 698.27
Downside Intraday Target 682.93
Upside Intraday Target 730.07
Upside Intraday Target 746.53
Upside Intraday Target 714.73

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 713.60 722.00 731.20 699.40 0.547 times
22 Fri Apr 2022 723.70 729.40 751.95 714.85 2.086 times
13 Wed Apr 2022 732.90 751.90 751.90 716.65 0.355 times
08 Fri Apr 2022 745.65 705.50 753.15 704.80 1.298 times
01 Fri Apr 2022 701.80 689.95 725.50 679.30 0.76 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
27 Wed Apr 2022 713.60 700.60 753.15 694.35 0.374 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
31 Mon Jan 2022 735.35 699.00 787.40 698.00 1.107 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 18, 21, 6 Sell
MACD 12, 16Sell
Stochastics 28Sell
CCI -105Sell
RSI 52Buy
OBV 101556Sell
VWAP 726Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 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

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 725.77 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.

Click here for Bharat Forge charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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