(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 2023-01-30 View latest technical analysis
10 day averaged volume of Bharat Forge is 52958
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 865.60 | 850.15 | 869.60 | 850.15 | 0.281 times |
| 27 Fri Jan 2023 | 854.60 | 869.95 | 872.70 | 839.95 | 0.643 times |
| 25 Wed Jan 2023 | 862.60 | 868.60 | 869.55 | 849.35 | 0.388 times |
| 24 Tue Jan 2023 | 869.95 | 879.00 | 883.45 | 865.85 | 0.19 times |
| 23 Mon Jan 2023 | 879.00 | 867.85 | 881.00 | 864.85 | 0.251 times |
| 20 Fri Jan 2023 | 861.30 | 875.95 | 882.20 | 860.10 | 0.376 times |
| 19 Thu Jan 2023 | 874.30 | 876.00 | 878.40 | 865.90 | 0.263 times |
| 18 Wed Jan 2023 | 872.50 | 864.70 | 875.30 | 861.30 | 0.299 times |
| 17 Tue Jan 2023 | 862.80 | 856.05 | 868.85 | 856.05 | 5.006 times |
| 16 Mon Jan 2023 | 860.85 | 875.00 | 879.60 | 857.65 | 0.937 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 862.2 as stoploss in an intra day buy trade for a target of 870.63. However, stock will show a bearish move below 862.2.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 677.85 |
| Downside Target | 801.05 |
| Downside Target | 860.30 |
| Upside Target | 869.60 |
| Upside Target | 882.20 |
| Upside Target | 883.45 |
| 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 | 853.97 |
| Downside Intraday Target | 842.33 |
| Upside Intraday Target | 873.42 |
| Upside Intraday Target | 881.23 |
| Downside Intraday Target | 861.78 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 865.60 | 850.15 | 869.60 | 850.15 | 0.191 times |
| 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 |
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 |
| 30 Mon Jan 2023 | 865.60 | 884.95 | 891.95 | 839.95 | 0.96 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 | 8, 22, 48 | Sell |
| MACD | 2, 5 | Sell |
| Stochastics | 44 | None |
| CCI | -61 | Buy |
| RSI | 51 | Buy |
| OBV | 74223 | Sell |
| VWAP | 863 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | 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 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 losing 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 red color and prices are in or above the red 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 and the buying is gaining 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 863.31 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 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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