(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 2022-05-11 View latest technical analysis
10 day averaged volume of Bharat Forge is 72974
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 629.45 | 640.40 | 640.40 | 624.25 | 0.533 times |
| 10 Tue May 2022 | 631.60 | 635.00 | 648.90 | 630.00 | 0.432 times |
| 09 Mon May 2022 | 637.00 | 650.10 | 656.00 | 628.60 | 0.93 times |
| 06 Fri May 2022 | 659.80 | 666.00 | 669.40 | 652.30 | 0.786 times |
| 05 Thu May 2022 | 676.85 | 680.00 | 691.10 | 674.75 | 0.285 times |
| 04 Wed May 2022 | 671.70 | 684.80 | 695.15 | 665.45 | 5.825 times |
| 02 Mon May 2022 | 678.50 | 693.95 | 693.95 | 674.45 | 0.44 times |
| 29 Fri Apr 2022 | 701.25 | 721.80 | 728.95 | 698.90 | 0.324 times |
| 28 Thu Apr 2022 | 720.70 | 727.00 | 727.00 | 706.95 | 0.319 times |
| 27 Wed Apr 2022 | 713.60 | 721.00 | 724.90 | 710.10 | 0.26 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 620, for a target of 663.6 or 699.88
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 595.85 |
| Downside Target | 624.25 |
| Upside Target | 651.05 |
| Upside Target | 694.35 |
| Upside Target | 714.85 |
| 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 | 617.13 |
| Downside Intraday Target | 604.82 |
| Upside Intraday Target | 648.88 |
| Upside Intraday Target | 668.32 |
| Upside Intraday Target | 636.57 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 629.45 | 650.10 | 656.00 | 624.25 | 0.258 times |
| 06 Fri May 2022 | 659.80 | 693.95 | 695.15 | 652.30 | 4.323 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 |
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 |
| 11 Wed May 2022 | 629.45 | 693.95 | 695.15 | 624.25 | 1.234 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 | 7, 36, 69 | Sell |
| MACD | -28, -14 | Sell |
| Stochastics | 5 | Sell |
| CCI | -111 | Sell |
| RSI | 47 | Sell |
| OBV | -592595 | Sell |
| VWAP | 668 | Sell |
| ADL | 0 | Sell |
| ROC | -14 | 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 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 but selling 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 667.66 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.
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