Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 5560

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 5.36 5.78 5.78 5.16 2.485 times
01 Wed Feb 2023 5.62 5.83 5.83 5.22 0.337 times
31 Tue Jan 2023 5.60 5.85 5.85 5.20 1.351 times
30 Mon Jan 2023 5.78 5.85 5.85 5.30 0.977 times
27 Fri Jan 2023 5.70 5.59 5.81 5.50 0.853 times
25 Wed Jan 2023 5.59 5.75 5.84 5.55 0.957 times
24 Tue Jan 2023 5.73 5.77 5.84 5.50 0.457 times
23 Mon Jan 2023 5.75 5.87 5.97 5.25 0.905 times
20 Fri Jan 2023 5.62 5.90 5.98 5.58 1.072 times
19 Thu Jan 2023 5.85 5.71 5.99 5.10 2.819 times

Stock of Amforge Ind (AmforgeInd) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5.4, for a target of 5.6 or 5.78

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 4.35
Downside Target 5.10
Upside Target 5.53
Upside Target 5.66
Upside Target 5.83
Upside Target 5.97
Upside Target 6.15
Upside Target 6.30
Upside Target 6.52
Upside Target 6.95
Upside Target 7.42
Upside Target 8.19

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 5.06
Downside Intraday Target 4.77
Upside Intraday Target 5.75
Upside Intraday Target 6.15
Upside Intraday Target 5.46

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 5.36 5.85 5.85 5.16 1.623 times
27 Fri Jan 2023 5.70 5.87 5.97 5.25 0.546 times
20 Fri Jan 2023 5.62 6.05 6.05 5.10 0.706 times
13 Fri Jan 2023 5.91 5.99 6.15 5.53 1.093 times
06 Fri Jan 2023 5.82 5.80 6.30 5.53 0.773 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Amforge Ind (AmforgeInd)

Date Monthly Closing Price Open High Low Volume
02 Thu Feb 2023 5.36 5.83 5.83 5.16 0.104 times
31 Tue Jan 2023 5.60 5.80 6.30 5.10 0.469 times
30 Fri Dec 2022 5.97 5.72 6.95 4.35 2.555 times
30 Wed Nov 2022 6.46 7.11 7.42 5.66 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 Amforge Ind (AmforgeInd)

Indicator Name Indicator Value Indicator Signal
ADX 10, 22, 38 Sell
MACD -0, -0Sell
Stochastics 46None
CCI -192Sell
RSI 38Sell
OBV 20820Sell
VWAP 6Sell
ADL 0Sell
ROC -7Sell
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Amforge Ind stock for short term is SELL. Signal strength is Strong and stock is losing 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. 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 Amforge Ind in short term and SELL signal is strong!

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 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 5.65 and Amforge Ind (AmforgeInd) stock is trading below this level. This means that stock is falling with high volumes. 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme