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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 6101

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 6.48 6.75 6.75 6.10 0.666 times
12 Fri Aug 2022 6.50 6.95 6.95 6.20 0.491 times
11 Thu Aug 2022 6.51 6.95 6.95 6.06 0.527 times
10 Wed Aug 2022 6.79 6.51 6.98 6.51 0.678 times
08 Mon Aug 2022 6.57 6.80 6.90 6.50 1.612 times
05 Fri Aug 2022 6.80 6.80 6.90 6.35 1.212 times
04 Thu Aug 2022 6.64 6.74 6.89 6.26 0.563 times
03 Wed Aug 2022 6.44 6.15 6.45 6.06 0.785 times
02 Tue Aug 2022 6.24 6.55 6.55 6.03 0.707 times
01 Mon Aug 2022 6.04 6.60 6.97 5.82 2.728 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 6.4 as stoploss in an intra day buy trade for a target of 6.6. However, stock will show a bearish move below 6.4.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.38
Downside Target 5.82
Downside Target 6.06
Upside Target 6.75
Upside Target 6.97
Upside Target 6.98
Upside Target 7.04
Upside Target 7.40
Upside Target 7.50
Upside Target 8.60
Upside Target 8.80
Upside Target 9.00

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 6.14
Downside Intraday Target 5.79
Upside Intraday Target 6.79
Upside Intraday Target 7.09
Downside Intraday Target 6.44

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 6.48 6.75 6.75 6.10 0.201 times
12 Fri Aug 2022 6.50 6.80 6.98 6.06 0.552 times
05 Fri Aug 2022 6.80 6.60 6.97 5.82 1.817 times
30 Sat Jul 2022 6.66 6.85 7.40 6.17 0.752 times
22 Fri Jul 2022 6.69 6.76 7.04 6.21 1.903 times

Price has moved down 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
16 Tue Aug 2022 6.48 6.60 6.98 5.82 0.461 times
30 Sat 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 1.555 times
31 Tue May 2022 6.05 7.10 7.50 5.40 0.554 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 Amforge Ind (AmforgeInd)

Indicator Name Indicator Value Indicator Signal
ADX 13, 21, 24 Sell
MACD -0, -0Sell
Stochastics 53None
CCI -29Sell
RSI 52Buy
OBV -18029Sell
VWAP 6Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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

Price action analysis of Amforge Ind ( (AmforgeInd) ) 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 Amforge Ind ( (AmforgeInd) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Amforge Ind in short term and the sell signal is strong.

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 tired and bears are picking up momentum.

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 Amforge Ind in short term and SELL signal is strong!

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 Amforge Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.43 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 falling down

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 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 Amforge Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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