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(AmforgeInd) Amforge Ind complete technical analysis [charts+indicators] | Buy/Sell Amforge Ind | (AmforgeInd) share price targets

Complete technical analysis of Amforge Ind (AmforgeInd) by charts plus indicators, forecast predictions and share price targets for Amforge Ind (AmforgeInd)

10 day averaged volume of Amforge Ind is 7037

Date Daily Closing Price Open High Low Volume
29 Thu Sep 2022 7.34 6.75 7.45 6.51 1.213 times
28 Wed Sep 2022 6.82 6.69 7.45 6.67 2.372 times
27 Tue Sep 2022 6.35 6.90 6.90 5.73 1.071 times
26 Mon Sep 2022 6.49 6.10 6.94 6.06 0.913 times
23 Fri Sep 2022 6.88 6.80 6.99 6.40 0.877 times
22 Thu Sep 2022 6.81 7.00 7.01 6.76 0.616 times
21 Wed Sep 2022 6.95 6.85 7.45 6.40 0.401 times
20 Tue Sep 2022 6.99 6.76 7.74 6.76 1.603 times
19 Mon Sep 2022 7.01 7.85 7.85 6.65 0.416 times
16 Fri Sep 2022 7.00 7.11 7.39 6.81 0.765 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.2, but if it comes below 7.2, then a intra day sell could be more profitable.
If you take a sell trade below 7.2, then use 7.2 as stoploss and 6.89 as target. However if you take a buy trade in stock , then use 7.2 as stoploss and 7.6 as target.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.38
Downside Target 5.55
Downside Target 5.73
Downside Target 6.17
Downside Target 6.40
Upside Target 7.35
Upside Target 7.69
Upside Target 7.70
Upside Target 7.85
Upside Target 8.11
Upside Target 8.80
Upside Target 9.00

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 6.23
Downside Intraday Target 5.12
Upside Intraday Target 7.95
Upside Intraday Target 8.56
Downside Intraday Target 6.84

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
29 Thu Sep 2022 7.34 6.10 7.45 5.73 1.423 times
23 Fri Sep 2022 6.88 7.85 7.85 6.40 0.253 times
16 Fri Sep 2022 7.00 6.65 8.11 6.21 2.077 times
09 Fri Sep 2022 6.29 6.40 7.70 5.55 1.684 times
02 Fri Sep 2022 6.53 7.35 7.35 6.40 0.782 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 Amforge Ind (AmforgeInd)

Date Monthly Closing Price Open High Low Volume
29 Thu Sep 2022 7.34 6.52 8.11 5.55 1.775 times
30 Tue Aug 2022 6.67 6.60 7.69 5.82 1.016 times
29 Fri Jul 2022 6.66 6.72 9.00 6.17 0.801 times
30 Thu Jun 2022 6.58 6.34 8.80 5.38 1.594 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Amforge Ind (AmforgeInd)

Indicator Name Indicator Value Indicator Signal
ADX 16, 21, 15 Sell
MACD 0, 0Buy
Stochastics 52None
CCI 65Buy
RSI 65Buy
OBV -33298Sell
VWAP 7Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short to mid 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 Amforge Ind ( (AmforgeInd) ) based on a mid to longer term time period is

ADX buy sell signal for Amforge Ind stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Amforge Ind in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Amforge Ind 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 Amforge Ind in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Amforge Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.86 and Amforge Ind (AmforgeInd) 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 Amforge Ind (AmforgeInd) stock. Volume based technical analysis of Amforge Ind (AmforgeInd) stock is negative.

Amforge Ind Stock is giving positive 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.

Click here for Amforge Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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