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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 2022-05-02 View latest technical analysis

10 day averaged volume of Amforge Ind is 11670

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 7.19 7.10 7.19 6.63 0.362 times
29 Fri Apr 2022 6.83 6.31 7.21 6.31 0.18 times
28 Thu Apr 2022 6.90 6.85 7.48 6.85 0.265 times
27 Wed Apr 2022 7.00 6.98 7.01 6.51 0.606 times
26 Tue Apr 2022 6.66 6.83 7.16 6.61 0.502 times
25 Mon Apr 2022 6.83 7.24 7.24 6.82 0.472 times
22 Fri Apr 2022 7.11 7.35 7.35 6.66 1.354 times
21 Thu Apr 2022 7.17 7.79 7.79 6.61 1.943 times
20 Wed Apr 2022 7.28 6.75 7.45 6.51 1.337 times
19 Tue Apr 2022 6.78 7.54 7.69 6.60 2.377 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 7.2 and if the stock hits stoploss, then it can shoot up till 7.69

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.48
Downside Target 5.75
Downside Target 6.31
Downside Target 6.45
Downside Target 7.19
Upside Target 7.48
Upside Target 7.56
Upside Target 8.04
Upside Target 8.32
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 6.82
Downside Intraday Target 6.44
Upside Intraday Target 7.38
Upside Intraday Target 7.56
Downside Intraday Target 7

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 7.19 7.10 7.19 6.63 0.179 times
29 Fri Apr 2022 6.83 7.24 7.48 6.31 0.254 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

Price has moved up 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
02 Mon May 2022 7.19 7.10 7.19 6.63 0.022 times
29 Fri Apr 2022 6.83 6.94 8.60 6.31 1.111 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

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 18, 21, 8 Sell
MACD -0, 0Sell
Stochastics 37None
CCI 14Buy
RSI 56Buy
OBV -26113Sell
VWAP 7Buy
ADL 0Sell
ROC -2Sell
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 gaining 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 7.01 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 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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