(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)
Intraday share price targets for Amforge Ind (AmforgeInd)
|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|
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.