(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 2023-01-27 View latest technical analysis
10 day averaged volume of Bharat Forge is 50827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 854.60 | 869.95 | 872.70 | 839.95 | 0.67 times |
| 25 Wed Jan 2023 | 862.60 | 868.60 | 869.55 | 849.35 | 0.404 times |
| 24 Tue Jan 2023 | 869.95 | 879.00 | 883.45 | 865.85 | 0.198 times |
| 23 Mon Jan 2023 | 879.00 | 867.85 | 881.00 | 864.85 | 0.262 times |
| 20 Fri Jan 2023 | 861.30 | 875.95 | 882.20 | 860.10 | 0.392 times |
| 19 Thu Jan 2023 | 874.30 | 876.00 | 878.40 | 865.90 | 0.274 times |
| 18 Wed Jan 2023 | 872.50 | 864.70 | 875.30 | 861.30 | 0.311 times |
| 17 Tue Jan 2023 | 862.80 | 856.05 | 868.85 | 856.05 | 5.216 times |
| 16 Mon Jan 2023 | 860.85 | 875.00 | 879.60 | 857.65 | 0.977 times |
| 13 Fri Jan 2023 | 873.10 | 868.05 | 877.65 | 864.35 | 1.716 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 852.6, for a target of 862.8 or 871.33
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 677.85 |
| Downside Target | 801.05 |
| Upside Target | 860.30 |
| Upside Target | 882.20 |
| Upside Target | 883.45 |
| Upside Target | 886.00 |
| Upside Target | 890.45 |
| Upside Target | 891.95 |
| Upside Target | 896.40 |
| Upside Target | 919.50 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 835.22 |
| Downside Intraday Target | 815.83 |
| Upside Intraday Target | 878.72 |
| Upside Intraday Target | 902.83 |
| Upside Intraday Target | 859.33 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 854.60 | 867.85 | 883.45 | 839.95 | 0.214 times |
| 20 Fri Jan 2023 | 861.30 | 875.00 | 882.20 | 856.05 | 2.461 times |
| 13 Fri Jan 2023 | 873.10 | 869.50 | 890.45 | 860.30 | 0.938 times |
| 06 Fri Jan 2023 | 869.45 | 884.95 | 891.95 | 855.80 | 1.194 times |
| 30 Fri Dec 2022 | 879.55 | 840.35 | 886.00 | 832.90 | 0.812 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 |
| 27 Fri Jan 2023 | 854.60 | 884.95 | 891.95 | 839.95 | 0.942 times |
| 30 Fri Dec 2022 | 879.55 | 864.30 | 919.50 | 827.75 | 0.618 times |
| 30 Wed Nov 2022 | 858.95 | 831.15 | 896.40 | 816.40 | 0.801 times |
| 31 Mon Oct 2022 | 834.70 | 693.45 | 847.15 | 683.05 | 1.269 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 | 9, 25, 48 | Sell |
| MACD | 3, 6 | Sell |
| Stochastics | 38 | None |
| CCI | -156 | Sell |
| RSI | 51 | Buy |
| OBV | 83401 | Sell |
| VWAP | 865 | 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term and the buying is gaining 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 864.86 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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