(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 2022-05-05 View latest technical analysis
10 day averaged volume of Bharat Forge is 66648
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 676.85 | 680.00 | 691.10 | 674.75 | 0.313 times |
| 04 Wed May 2022 | 671.70 | 684.80 | 695.15 | 665.45 | 6.378 times |
| 02 Mon May 2022 | 678.50 | 693.95 | 693.95 | 674.45 | 0.482 times |
| 29 Fri Apr 2022 | 701.25 | 721.80 | 728.95 | 698.90 | 0.355 times |
| 28 Thu Apr 2022 | 720.70 | 727.00 | 727.00 | 706.95 | 0.349 times |
| 27 Wed Apr 2022 | 713.60 | 721.00 | 724.90 | 710.10 | 0.285 times |
| 26 Tue Apr 2022 | 727.75 | 709.80 | 731.20 | 709.80 | 0.435 times |
| 25 Mon Apr 2022 | 701.35 | 722.00 | 727.75 | 699.40 | 0.434 times |
| 22 Fri Apr 2022 | 723.70 | 738.40 | 738.40 | 722.00 | 0.224 times |
| 21 Thu Apr 2022 | 738.50 | 731.00 | 750.00 | 731.00 | 0.495 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 672.5, for a target of 697.6 or 718.48
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 595.85 |
| Downside Target | 651.05 |
| Downside Target | 665.45 |
| Upside Target | 694.35 |
| Upside Target | 725.50 |
| Upside Target | 731.20 |
| 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 | 663.15 |
| Downside Intraday Target | 649.45 |
| Upside Intraday Target | 692.85 |
| Upside Intraday Target | 708.85 |
| Upside Intraday Target | 679.15 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 676.85 | 693.95 | 695.15 | 665.45 | 3.859 times |
| 29 Fri Apr 2022 | 701.25 | 722.00 | 731.20 | 698.90 | 0.88 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 |
Price has moved down 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 |
| 05 Thu May 2022 | 676.85 | 693.95 | 695.15 | 665.45 | 0.876 times |
| 29 Fri Apr 2022 | 701.25 | 700.60 | 753.15 | 694.35 | 0.41 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 |
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 | 10, 27, 46 | Sell |
| MACD | -6, 4 | Sell |
| Stochastics | 9 | Sell |
| CCI | -108 | Buy |
| RSI | 47 | Sell |
| OBV | -328804 | Sell |
| VWAP | 685 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | 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 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 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 mid to longer 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.
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 and the sell signal is strong.
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 moving up
CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.
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
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 684.67 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.
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