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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 2022-05-05 View latest technical analysis

10 day averaged volume of Amforge Ind is 9310

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 6.87 7.14 7.14 6.75 0.279 times
04 Wed May 2022 6.97 7.35 7.48 6.63 1.198 times
02 Mon May 2022 7.19 7.10 7.19 6.63 0.454 times
29 Fri Apr 2022 6.83 6.31 7.21 6.31 0.226 times
28 Thu Apr 2022 6.90 6.85 7.48 6.85 0.332 times
27 Wed Apr 2022 7.00 6.98 7.01 6.51 0.759 times
26 Tue Apr 2022 6.66 6.83 7.16 6.61 0.63 times
25 Mon Apr 2022 6.83 7.24 7.24 6.82 0.592 times
22 Fri Apr 2022 7.11 7.35 7.35 6.66 1.698 times
21 Thu Apr 2022 7.17 7.79 7.79 6.61 2.436 times

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 7.22. 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 6.31
Downside Target 6.45
Upside Target 7.30
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 6.51
Downside Intraday Target 6.14
Upside Intraday Target 7.36
Upside Intraday Target 7.84
Upside Intraday Target 6.99

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 6.87 7.10 7.48 6.63 0.761 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
05 Thu May 2022 6.87 7.10 7.48 6.63 0.094 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 19, 18, 4 Buy
MACD -0, 0Sell
Stochastics 47None
CCI -30Sell
RSI 57Buy
OBV -41828Sell
VWAP 7Sell
ADL 0Sell
ROC -6Sell
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 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 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 BUY. 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.

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 coming down

CCI has generated a SELL signal for Amforge Ind in short term and SELL 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

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 7.03 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.

Click here for Amforge Ind charts

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Daily charts

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