(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, -0 | Sell |
| Stochastics | 38 | None |
| CCI | 27 | Sell |
| RSI | 46 | Sell |
| OBV | -38193 | Sell |
| VWAP | 6 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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.
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