(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 2023-01-31 View latest technical analysis
10 day averaged volume of Bharat Forge is 45728
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 875.20 | 867.00 | 884.00 | 864.70 | 0.627 times |
| 30 Mon Jan 2023 | 865.60 | 850.15 | 869.60 | 850.15 | 0.326 times |
| 27 Fri Jan 2023 | 854.60 | 869.95 | 872.70 | 839.95 | 0.745 times |
| 25 Wed Jan 2023 | 862.60 | 868.60 | 869.55 | 849.35 | 0.449 times |
| 24 Tue Jan 2023 | 869.95 | 879.00 | 883.45 | 865.85 | 0.22 times |
| 23 Mon Jan 2023 | 879.00 | 867.85 | 881.00 | 864.85 | 0.291 times |
| 20 Fri Jan 2023 | 861.30 | 875.95 | 882.20 | 860.10 | 0.436 times |
| 19 Thu Jan 2023 | 874.30 | 876.00 | 878.40 | 865.90 | 0.304 times |
| 18 Wed Jan 2023 | 872.50 | 864.70 | 875.30 | 861.30 | 0.346 times |
| 17 Tue Jan 2023 | 862.80 | 856.05 | 868.85 | 856.05 | 5.797 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 878.1 as stoploss in an intra day sell trade for a target of 870.18. However, stock will show a bullish move above 878.1.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 677.85 |
| Downside Target | 801.05 |
| Downside Target | 860.30 |
| Upside Target | 882.20 |
| Upside Target | 883.45 |
| Upside Target | 884.00 |
| 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 | 855.57 |
| Downside Intraday Target | 835.93 |
| Upside Intraday Target | 889.42 |
| Upside Intraday Target | 903.63 |
| Downside Intraday Target | 869.78 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 875.20 | 850.15 | 884.00 | 850.15 | 0.559 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 |
| 31 Tue Jan 2023 | 875.20 | 884.95 | 891.95 | 839.95 | 0.996 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 | 14, 20, 17 | Sell |
| MACD | 3, 5 | Sell |
| Stochastics | 58 | None |
| CCI | 84 | Buy |
| RSI | 51 | Buy |
| OBV | 85275 | Sell |
| VWAP | 864 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 864.37 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 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 is giving positive 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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