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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 2022-05-09 View latest technical analysis

10 day averaged volume of Amforge Ind is 6222

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 7.04 7.00 7.10 6.58 0.374 times
06 Fri May 2022 6.96 6.30 7.00 6.30 0.771 times
05 Thu May 2022 6.87 7.14 7.14 6.75 0.418 times
04 Wed May 2022 6.97 7.35 7.48 6.63 1.793 times
02 Mon May 2022 7.19 7.10 7.19 6.63 0.679 times
29 Fri Apr 2022 6.83 6.31 7.21 6.31 0.338 times
28 Thu Apr 2022 6.90 6.85 7.48 6.85 0.497 times
27 Wed Apr 2022 7.00 6.98 7.01 6.51 1.136 times
26 Tue Apr 2022 6.66 6.83 7.16 6.61 0.942 times
25 Mon Apr 2022 6.83 7.24 7.24 6.82 0.886 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.8 or till 6.2. Use a stoploss of 7.23 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 6.30
Downside Target 6.51
Upside Target 7.10
Upside Target 7.30
Upside Target 7.48
Upside Target 7.56
Upside Target 8.04
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 6.71
Downside Intraday Target 6.39
Upside Intraday Target 7.23
Upside Intraday Target 7.43
Downside Intraday Target 6.91

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 7.04 7.00 7.10 6.58 0.102 times
06 Fri May 2022 6.96 7.10 7.48 6.30 0.964 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

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
09 Mon May 2022 7.04 7.10 7.48 6.30 0.131 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 52None
CCI -1Buy
RSI 54Buy
OBV -27519Sell
VWAP 7Buy
ADL 0Sell
ROC -1Sell
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 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 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 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 but buying is losing 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 6.93 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 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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