(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 2023-02-02 View latest technical analysis
10 day averaged volume of Bharat Forge is 24745
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 871.05 | 855.05 | 884.20 | 855.05 | 1.491 times |
| 01 Wed Feb 2023 | 866.85 | 886.95 | 903.70 | 845.00 | 3.081 times |
| 31 Tue Jan 2023 | 875.20 | 867.00 | 884.00 | 864.70 | 1.159 times |
| 30 Mon Jan 2023 | 865.60 | 850.15 | 869.60 | 850.15 | 0.602 times |
| 27 Fri Jan 2023 | 854.60 | 869.95 | 872.70 | 839.95 | 1.376 times |
| 25 Wed Jan 2023 | 862.60 | 868.60 | 869.55 | 849.35 | 0.83 times |
| 24 Tue Jan 2023 | 869.95 | 879.00 | 883.45 | 865.85 | 0.407 times |
| 23 Mon Jan 2023 | 879.00 | 867.85 | 881.00 | 864.85 | 0.538 times |
| 20 Fri Jan 2023 | 861.30 | 875.95 | 882.20 | 860.10 | 0.805 times |
| 19 Thu Jan 2023 | 874.30 | 876.00 | 878.40 | 865.90 | 0.562 times |
My analysis of stock is bullish for shortterm, and stock might move up till 877.5 or till 886.5. Use a stoploss of 870.1 and if this stock hits its stoploss, then it can fall down till 862.66
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 683.05 |
| Downside Target | 816.40 |
| Upside Target | 882.20 |
| Upside Target | 883.45 |
| Upside Target | 890.45 |
| Upside Target | 891.95 |
| Upside Target | 896.40 |
| Upside Target | 903.70 |
| Upside Target | 919.50 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 842.8 |
| Downside Intraday Target | 814.55 |
| Upside Intraday Target | 901.5 |
| Upside Intraday Target | 931.95 |
| Upside Intraday Target | 873.25 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 871.05 | 850.15 | 903.70 | 845.00 | 2.01 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bharat Forge (BharatForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 871.05 | 886.95 | 903.70 | 845.00 | 0.143 times |
| 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 |
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, 13, 17 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 57 | None |
| CCI | 21 | Sell |
| RSI | 50 | Sell |
| OBV | 59617 | Sell |
| VWAP | 867 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | 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
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is
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 gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Bharat Forge in short term but SELL signal is weak.
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
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 867.06 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 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.
Click here for Bharat Forge charts
Click here for further forecast and predictions for tomorrow