(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 2023-02-03 View latest technical analysis
10 day averaged volume of Bharat Forge is 26852
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 868.05 | 873.00 | 884.00 | 852.55 | 0.919 times |
| 02 Thu Feb 2023 | 871.05 | 855.05 | 884.20 | 855.05 | 1.374 times |
| 01 Wed Feb 2023 | 866.85 | 886.95 | 903.70 | 845.00 | 2.839 times |
| 31 Tue Jan 2023 | 875.20 | 867.00 | 884.00 | 864.70 | 1.068 times |
| 30 Mon Jan 2023 | 865.60 | 850.15 | 869.60 | 850.15 | 0.555 times |
| 27 Fri Jan 2023 | 854.60 | 869.95 | 872.70 | 839.95 | 1.268 times |
| 25 Wed Jan 2023 | 862.60 | 868.60 | 869.55 | 849.35 | 0.765 times |
| 24 Tue Jan 2023 | 869.95 | 879.00 | 883.45 | 865.85 | 0.375 times |
| 23 Mon Jan 2023 | 879.00 | 867.85 | 881.00 | 864.85 | 0.496 times |
| 20 Fri Jan 2023 | 861.30 | 875.95 | 882.20 | 860.10 | 0.742 times |
My analysis of stock is bearish for shortterm, and stock might move down till 862.4 or till 853.8. Use a stoploss of 869.54 and if the stock hits stoploss, then it can shoot up till 876.69
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 | 840.8 |
| Downside Intraday Target | 813.55 |
| Upside Intraday Target | 899.5 |
| Upside Intraday Target | 930.95 |
| Upside Intraday Target | 872.25 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 868.05 | 850.15 | 903.70 | 845.00 | 2.326 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 |
| 03 Fri Feb 2023 | 868.05 | 886.95 | 903.70 | 845.00 | 0.174 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 | 8, 13, 21 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 45 | None |
| CCI | 4 | Sell |
| RSI | 52 | Buy |
| OBV | 76811 | Sell |
| VWAP | 867 | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 866.79 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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