(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 2022-11-23 View latest technical analysis
10 day averaged volume of Bharat Forge is 47951
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 843.15 | 846.95 | 848.80 | 839.60 | 0.364 times |
| 22 Tue Nov 2022 | 839.55 | 822.20 | 842.75 | 821.15 | 0.303 times |
| 21 Mon Nov 2022 | 826.65 | 831.65 | 834.50 | 816.40 | 0.496 times |
| 18 Fri Nov 2022 | 836.60 | 838.00 | 840.00 | 826.95 | 0.399 times |
| 17 Thu Nov 2022 | 838.20 | 837.95 | 847.90 | 831.35 | 0.436 times |
| 16 Wed Nov 2022 | 838.75 | 844.00 | 852.25 | 830.35 | 0.946 times |
| 15 Tue Nov 2022 | 853.25 | 842.00 | 859.00 | 840.00 | 1.177 times |
| 14 Mon Nov 2022 | 859.40 | 895.90 | 895.90 | 842.75 | 1.824 times |
| 11 Fri Nov 2022 | 886.70 | 887.00 | 896.40 | 884.05 | 1.786 times |
| 10 Thu Nov 2022 | 880.75 | 883.25 | 886.55 | 870.00 | 0.626 times |
My analysis of stock is bearish for shortterm, and stock might move down till 827.7 or till 803.3. Use a stoploss of 848.05 and if the stock hits stoploss, then it can shoot up till 868.4
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 | 775.65 |
| Downside Target | 800.00 |
| Upside Target | 847.15 |
| Upside Target | 848.80 |
| 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 | 823.43 |
| Downside Intraday Target | 803.72 |
| Upside Intraday Target | 855.83 |
| Upside Intraday Target | 868.52 |
| Downside Intraday Target | 836.12 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 843.15 | 831.65 | 848.80 | 816.40 | 0.243 times |
| 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 |
Price has moved up 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 |
| 23 Wed Nov 2022 | 843.15 | 831.15 | 896.40 | 816.40 | 0.734 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 | 24, 22, 5 | Buy |
| MACD | 31, 39 | Sell |
| Stochastics | 25 | Sell |
| CCI | -26 | Buy |
| RSI | 54 | Buy |
| OBV | 996791 | Sell |
| VWAP | 858 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. Signal strength is Weak 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 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 above 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 858.07 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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