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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 2022-05-23 View latest technical analysis

10 day averaged volume of Amforge Ind is 5667

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 6.36 6.48 6.48 6.10 0.098 times
20 Fri May 2022 6.18 6.20 6.20 5.66 1.47 times
19 Thu May 2022 6.10 6.42 6.42 5.85 0.201 times
18 Wed May 2022 6.00 6.00 6.60 6.00 0.846 times
17 Tue May 2022 6.00 6.25 6.50 5.99 1.411 times
16 Mon May 2022 6.21 5.79 6.21 5.61 0.699 times
13 Fri May 2022 5.76 5.79 5.79 5.40 1.032 times
12 Thu May 2022 5.77 6.00 6.20 5.43 1.031 times
11 Wed May 2022 5.92 6.52 6.96 5.90 2.128 times
10 Tue May 2022 6.52 7.15 7.50 6.50 0.77 times

My analysis of stock is bearish for shortterm, and stock might move down till 6 or till 5.5. Use a stoploss of 6.5 and if the stock hits stoploss, then it can shoot up till 6.96

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.40
Downside Target 5.61
Downside Target 5.75
Downside Target 6.10
Downside Target 6.30
Upside Target 6.48
Upside Target 7.30
Upside Target 7.48
Upside Target 7.50
Upside Target 7.53
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 6.15
Downside Intraday Target 5.93
Upside Intraday Target 6.53
Upside Intraday Target 6.69
Downside Intraday Target 6.31

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 6.36 6.48 6.48 6.10 0.021 times
20 Fri May 2022 6.18 5.79 6.60 5.61 0.862 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

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
23 Mon May 2022 6.36 7.10 7.50 5.40 0.419 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 25, 23, 3 Buy
MACD -0, -0Buy
Stochastics 39None
CCI 54Buy
RSI 49Sell
OBV -49814Sell
VWAP 6Buy
ADL 0Sell
ROC -10Sell
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Amforge Ind in short term but the buy signal is initial and weak.

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 SELL signal in short term and selling is picking up 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 6.02 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.

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Daily charts

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