(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 2022-11-25 View latest technical analysis
10 day averaged volume of Bharat Forge is 38050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 847.25 | 844.15 | 849.10 | 837.95 | 0.439 times |
| 24 Thu Nov 2022 | 844.15 | 838.45 | 846.90 | 838.45 | 0.257 times |
| 23 Wed Nov 2022 | 843.15 | 846.95 | 848.80 | 839.60 | 0.459 times |
| 22 Tue Nov 2022 | 839.55 | 822.20 | 842.75 | 821.15 | 0.381 times |
| 21 Mon Nov 2022 | 826.65 | 831.65 | 834.50 | 816.40 | 0.625 times |
| 18 Fri Nov 2022 | 836.60 | 838.00 | 840.00 | 826.95 | 0.502 times |
| 17 Thu Nov 2022 | 838.20 | 837.95 | 847.90 | 831.35 | 0.55 times |
| 16 Wed Nov 2022 | 838.75 | 844.00 | 852.25 | 830.35 | 1.193 times |
| 15 Tue Nov 2022 | 853.25 | 842.00 | 859.00 | 840.00 | 1.483 times |
| 14 Mon Nov 2022 | 859.40 | 895.90 | 895.90 | 842.75 | 2.299 times |
My analysis of stock is bearish for shortterm, and stock might move down till 834.5 or till 814.4. Use a stoploss of 851.26 and if the stock hits stoploss, then it can shoot up till 868.03
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 |
| Downside Target | 847.15 |
| Upside Target | 849.10 |
| 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 | 826.07 |
| Downside Intraday Target | 804.88 |
| Upside Intraday Target | 858.77 |
| Upside Intraday Target | 870.28 |
| Downside Intraday Target | 837.58 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 847.25 | 831.65 | 849.10 | 816.40 | 0.359 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 |
| 25 Fri Nov 2022 | 847.25 | 831.15 | 896.40 | 816.40 | 0.751 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 | 23, 20, 6 | Buy |
| MACD | 29, 35 | Sell |
| Stochastics | 36 | None |
| CCI | 22 | Buy |
| RSI | 50 | Sell |
| OBV | 746694 | Sell |
| VWAP | 847 | Buy |
| 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 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.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
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 846.99 and Bharat Forge (BharatForge) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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