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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 6745

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 6.27 6.74 6.95 6.13 3.549 times
01 Thu Dec 2022 6.46 5.72 6.78 5.72 2.11 times
30 Wed Nov 2022 6.46 5.71 6.47 5.71 2.653 times
29 Tue Nov 2022 5.92 6.10 6.29 5.85 2.087 times
28 Mon Nov 2022 6.10 6.05 6.32 5.97 0.446 times
25 Fri Nov 2022 6.14 6.38 6.50 5.81 0.552 times
24 Thu Nov 2022 6.37 6.22 6.44 6.21 0.67 times
23 Wed Nov 2022 6.60 6.16 6.76 6.16 0.526 times
22 Tue Nov 2022 6.16 5.66 6.83 5.66 0.248 times
21 Mon Nov 2022 6.43 6.55 6.72 6.43 0.373 times

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

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 6.2 as stoploss in an intra day buy trade for a target of 6.5. However, stock will show a bearish move below 6.2.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.55
Upside Target 6.43
Upside Target 6.83
Upside Target 6.95
Upside Target 7.00
Upside Target 7.38
Upside Target 7.42
Upside Target 7.69
Upside Target 8.11
Upside Target 8.19

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 5.67
Downside Intraday Target 5.07
Upside Intraday Target 6.91
Upside Intraday Target 7.55
Upside Intraday Target 6.31

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 6.27 6.05 6.95 5.71 4.577 times
25 Fri Nov 2022 6.14 6.55 6.83 5.66 0.601 times
18 Fri Nov 2022 6.58 6.98 7.00 5.75 0.934 times
11 Fri Nov 2022 6.68 7.28 7.42 6.43 1.074 times
04 Fri Nov 2022 6.98 7.38 7.38 6.59 1.862 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 Amforge Ind (AmforgeInd)

Date Monthly Closing Price Open High Low Volume
02 Fri Dec 2022 6.27 5.72 6.95 5.72 0.304 times
30 Wed Nov 2022 6.46 7.11 7.42 5.66 1.269 times
31 Mon Oct 2022 6.96 8.10 8.19 6.52 0.398 times
30 Fri Sep 2022 7.14 6.52 8.11 5.55 1.853 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 15, 16, 5 Sell
MACD -0, -0Buy
Stochastics 61None
CCI 77Buy
RSI 63Buy
OBV -55246Sell
VWAP 6Sell
ADL 0Sell
ROC -5Sell
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

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 below the red cloud Prices appear to be coming down

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 6.29 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

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Daily charts

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Daily chart

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