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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 2022-05-17 View latest technical analysis

10 day averaged volume of Amforge Ind is 5718

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 6.00 6.25 6.50 5.99 1.398 times
16 Mon May 2022 6.21 5.79 6.21 5.61 0.693 times
13 Fri May 2022 5.76 5.79 5.79 5.40 1.023 times
12 Thu May 2022 5.77 6.00 6.20 5.43 1.022 times
11 Wed May 2022 5.92 6.52 6.96 5.90 2.109 times
10 Tue May 2022 6.52 7.15 7.50 6.50 0.763 times
09 Mon May 2022 7.04 7.00 7.10 6.58 0.407 times
06 Fri May 2022 6.96 6.30 7.00 6.30 0.839 times
05 Thu May 2022 6.87 7.14 7.14 6.75 0.454 times
04 Wed May 2022 6.97 7.35 7.48 6.63 1.951 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.2, but if it comes above 6.2, then a intra day buy could be more profitable.
If you take a sell trade below 6.2, then use 6.2 as stoploss and 5.6 as target. However if you take a buy trade in stock , then use 6.2 as stoploss and 6.69 as target.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.40
Downside Target 5.61
Downside Target 5.75
Upside Target 6.30
Upside Target 6.50
Upside Target 7.30
Upside Target 7.48
Upside Target 7.50
Upside Target 7.53
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 5.57
Downside Intraday Target 5.15
Upside Intraday Target 6.46
Upside Intraday Target 6.93
Upside Intraday Target 6.04

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 6.00 5.79 6.50 5.61 0.393 times
13 Fri May 2022 5.76 7.00 7.50 5.40 1.336 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

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
17 Tue May 2022 6.00 7.10 7.50 5.40 0.341 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 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 24, 22, 3 Buy
MACD -0, -0Sell
Stochastics 28Sell
CCI -39Buy
RSI 53Buy
OBV -105905Sell
VWAP 6Sell
ADL 0Sell
ROC -17Sell
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

ADX buy sell signal for Amforge Ind stock for short term is BUY. 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.

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

Although the stock is in the BUY zone, but buying 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 6.32 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 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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