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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 2022-04-27 View latest technical analysis

10 day averaged volume of Amforge Ind is 13414

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 7.00 6.98 7.01 6.51 0.527 times
26 Tue Apr 2022 6.66 6.83 7.16 6.61 0.437 times
25 Mon Apr 2022 6.83 7.24 7.24 6.82 0.411 times
22 Fri Apr 2022 7.11 7.35 7.35 6.66 1.178 times
21 Thu Apr 2022 7.17 7.79 7.79 6.61 1.691 times
20 Wed Apr 2022 7.28 6.75 7.45 6.51 1.163 times
19 Tue Apr 2022 6.78 7.54 7.69 6.60 2.068 times
18 Mon Apr 2022 7.33 7.81 8.04 7.30 0.838 times
13 Wed Apr 2022 7.90 8.45 8.45 7.56 0.412 times
12 Tue Apr 2022 8.25 8.59 8.59 7.81 0.407 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.7 or till 6.1. Use a stoploss of 7.17 and if the stock hits stoploss, then it can shoot up till 7.67

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.48
Downside Target 5.75
Downside Target 6.40
Upside Target 7.24
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 6.59
Downside Intraday Target 6.19
Upside Intraday Target 7.32
Upside Intraday Target 7.65
Downside Intraday Target 6.92

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 7.00 7.24 7.24 6.51 0.198 times
22 Fri Apr 2022 7.11 7.81 8.04 6.51 3.133 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

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
27 Wed Apr 2022 7.00 6.94 8.60 6.45 1.081 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 up 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, 18, 9 Sell
MACD 0, 0Sell
Stochastics 15Sell
CCI -74Buy
RSI 52Buy
OBV -37746Sell
VWAP 7Sell
ADL 0Sell
ROC -15Sell
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 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

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 gaining momentum.

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

Amforge Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Amforge Ind in short term but BUY signal is weak.

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 7.13 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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