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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 2022-05-24 View latest technical analysis

10 day averaged volume of Amforge Ind is 5489

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 5.90 6.35 6.73 5.76 0.762 times
23 Mon May 2022 6.36 6.48 6.48 6.10 0.101 times
20 Fri May 2022 6.18 6.20 6.20 5.66 1.518 times
19 Thu May 2022 6.10 6.42 6.42 5.85 0.208 times
18 Wed May 2022 6.00 6.00 6.60 6.00 0.874 times
17 Tue May 2022 6.00 6.25 6.50 5.99 1.457 times
16 Mon May 2022 6.21 5.79 6.21 5.61 0.722 times
13 Fri May 2022 5.76 5.79 5.79 5.40 1.065 times
12 Thu May 2022 5.77 6.00 6.20 5.43 1.064 times
11 Wed May 2022 5.92 6.52 6.96 5.90 2.197 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, but if it comes above 6, then a intra day buy could be more profitable.
If you take a sell trade below 6, then use 6 as stoploss and 5.4 as target. However if you take a buy trade in stock , then use 6 as stoploss and 6.46 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 6.60
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 5.53
Downside Intraday Target 5.16
Upside Intraday Target 6.5
Upside Intraday Target 7.1
Upside Intraday Target 6.13

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 5.90 6.48 6.73 5.76 0.181 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 down 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
24 Tue May 2022 5.90 7.10 7.50 5.40 0.441 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 22, 25, 7 Sell
MACD -0, -0Sell
Stochastics 38None
CCI 27Sell
RSI 46Sell
OBV -38193Sell
VWAP 6Sell
ADL 0Sell
ROC -10Sell
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

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 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 getting stronger in this stock.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 5.97 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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Daily chart

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