(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 2022-11-18 View latest technical analysis
10 day averaged volume of Bharat Forge is 95317
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Nov 2022 | 836.60 | 838.00 | 840.00 | 826.95 | 0.201 times |
| 17 Thu Nov 2022 | 838.20 | 837.95 | 847.90 | 831.35 | 0.219 times |
| 16 Wed Nov 2022 | 838.75 | 844.00 | 852.25 | 830.35 | 0.476 times |
| 15 Tue Nov 2022 | 853.25 | 842.00 | 859.00 | 840.00 | 0.592 times |
| 14 Mon Nov 2022 | 859.40 | 895.90 | 895.90 | 842.75 | 0.918 times |
| 11 Fri Nov 2022 | 886.70 | 887.00 | 896.40 | 884.05 | 0.899 times |
| 10 Thu Nov 2022 | 880.75 | 883.25 | 886.55 | 870.00 | 0.315 times |
| 09 Wed Nov 2022 | 878.60 | 878.65 | 890.00 | 872.60 | 1.01 times |
| 07 Mon Nov 2022 | 875.60 | 854.90 | 877.90 | 854.90 | 0.591 times |
| 04 Fri Nov 2022 | 854.90 | 860.55 | 860.55 | 846.45 | 0.256 times |
My analysis of stock is bearish for shortterm, and stock might move down till 809.7 or till 773.1. Use a stoploss of 840.28 and if the stock hits stoploss, then it can shoot up till 870.82
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 630.00 |
| Downside Target | 677.85 |
| Downside Target | 700.00 |
| Downside Target | 742.35 |
| Downside Target | 771.30 |
| Downside Target | 797.95 |
| Downside Target | 825.75 |
| Upside Target | 847.15 |
| Upside Target | 854.90 |
| Upside Target | 871.45 |
| Upside Target | 895.90 |
| Upside Target | 896.40 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 810.4 |
| Downside Intraday Target | 784.2 |
| Upside Intraday Target | 879.35 |
| Upside Intraday Target | 922.1 |
| Upside Intraday Target | 853.15 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Nov 2022 | 836.60 | 895.90 | 895.90 | 826.95 | 0.855 times |
| 11 Fri Nov 2022 | 886.70 | 854.90 | 896.40 | 854.90 | 0.372 times |
| 04 Fri Nov 2022 | 854.90 | 835.05 | 871.45 | 825.75 | 1.772 times |
| 28 Fri Oct 2022 | 833.15 | 780.00 | 836.40 | 775.65 | 2.376 times |
| 21 Fri Oct 2022 | 778.75 | 773.35 | 797.95 | 771.30 | 0.304 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 |
| 18 Fri Nov 2022 | 836.60 | 831.15 | 896.40 | 826.95 | 0.7 times |
| 31 Mon Oct 2022 | 834.70 | 693.45 | 847.15 | 683.05 | 1.269 times |
| 30 Fri Sep 2022 | 695.40 | 740.00 | 801.05 | 677.85 | 0.773 times |
| 30 Tue Aug 2022 | 740.65 | 733.00 | 800.00 | 700.00 | 1.553 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 | 22, 23, 0 | Sell |
| MACD | 40, 48 | Sell |
| Stochastics | 13 | Sell |
| CCI | -104 | Sell |
| RSI | 55 | Buy |
| OBV | 1056771 | Sell |
| VWAP | 866 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | 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 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 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 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 getting stronger in this stock.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 866.04 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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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