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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 5404

Date Daily Closing Price Open High Low Volume
01 Thu Dec 2022 6.46 5.72 6.78 5.72 2.634 times
30 Wed Nov 2022 6.46 5.71 6.47 5.71 3.312 times
29 Tue Nov 2022 5.92 6.10 6.29 5.85 2.605 times
28 Mon Nov 2022 6.10 6.05 6.32 5.97 0.557 times
25 Fri Nov 2022 6.14 6.38 6.50 5.81 0.689 times
24 Thu Nov 2022 6.37 6.22 6.44 6.21 0.836 times
23 Wed Nov 2022 6.60 6.16 6.76 6.16 0.656 times
22 Tue Nov 2022 6.16 5.66 6.83 5.66 0.31 times
21 Mon Nov 2022 6.43 6.55 6.72 6.43 0.466 times
18 Fri Nov 2022 6.58 6.80 6.80 6.40 0.415 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, and stock might move down till 6.2 or till 5.9. Use a stoploss of 6.53 and if the stock hits stoploss, then it can shoot up till 6.82

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.55
Downside Target 6.43
Upside Target 6.78
Upside Target 6.83
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 5.85
Downside Intraday Target 5.25
Upside Intraday Target 6.92
Upside Intraday Target 7.39
Downside Intraday Target 6.32

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
01 Thu Dec 2022 6.46 6.05 6.78 5.71 3.079 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
01 Thu Dec 2022 6.46 5.72 6.78 5.72 0.113 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 14, 18, 14 Sell
MACD -0, -0Sell
Stochastics 53None
CCI 8Buy
RSI 64Buy
OBV -23319Sell
VWAP 6Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Amforge Ind in short term and the sell 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 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 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 6.31 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 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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