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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)

Showing technical analysis as on 2022-04-19 View latest technical analysis

10 day averaged volume of Amforge Ind is 8552

Date Daily Closing Price Open High Low Volume
19 Tue Apr 2022 6.78 7.54 7.69 6.60 3.244 times
18 Mon Apr 2022 7.33 7.81 8.04 7.30 1.314 times
13 Wed Apr 2022 7.90 8.45 8.45 7.56 0.646 times
12 Tue Apr 2022 8.25 8.59 8.59 7.81 0.638 times
11 Mon Apr 2022 8.19 8.59 8.60 7.76 2.189 times
08 Fri Apr 2022 7.83 7.60 8.32 7.60 1.415 times
07 Thu Apr 2022 7.57 7.20 7.57 7.14 1.184 times
06 Wed Apr 2022 6.89 6.90 7.04 6.75 0.628 times
05 Tue Apr 2022 6.80 6.65 6.85 6.58 0.402 times
04 Mon Apr 2022 6.65 6.90 6.99 6.45 1.241 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 6.7 as stoploss in an intra day buy trade for a target of 7.18. However, stock will show a bearish move below 6.7.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.48
Downside Target 5.75
Downside Target 6.24
Downside Target 6.40
Downside Target 6.60
Upside Target 7.30
Upside Target 7.49
Upside Target 8.04
Upside Target 8.32
Upside Target 8.46
Upside Target 8.56
Upside Target 8.60
Upside Target 10.93

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 6.24
Downside Intraday Target 5.7
Upside Intraday Target 7.68
Upside Intraday Target 8.58
Upside Intraday Target 7.14

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
19 Tue Apr 2022 6.78 7.81 8.04 6.60 1.312 times
13 Wed Apr 2022 7.90 8.59 8.60 7.56 0.713 times
08 Fri Apr 2022 7.83 6.90 8.32 6.45 2.04 times
01 Fri Apr 2022 6.76 7.49 7.49 6.40 0.632 times
25 Fri Mar 2022 7.33 6.65 7.53 6.24 1.152 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
19 Tue Apr 2022 6.78 6.94 8.60 6.45 0.659 times
31 Thu Mar 2022 6.94 5.48 7.53 5.48 0.821 times
28 Mon Feb 2022 5.76 8.31 8.56 5.75 0.394 times
31 Mon Jan 2022 7.92 8.37 10.93 7.30 1.194 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 19, 22, 7 Sell
MACD 0, 0Buy
Stochastics 41None
CCI -58Sell
RSI 44Sell
OBV 30653Sell
VWAP 7Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short 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 short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 losing momentum.

MACD generated a BUY signal for Amforge Ind in short term and the buy 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 green color and prices are in or below the green 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 7.39 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 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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