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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 2022-05-25 View latest technical analysis

10 day averaged volume of Amforge Ind is 5472

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 5.96 6.24 6.24 5.90 0.644 times
24 Tue May 2022 5.90 6.35 6.73 5.76 0.764 times
23 Mon May 2022 6.36 6.48 6.48 6.10 0.102 times
20 Fri May 2022 6.18 6.20 6.20 5.66 1.523 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 0.877 times
17 Tue May 2022 6.00 6.25 6.50 5.99 1.461 times
16 Mon May 2022 6.21 5.79 6.21 5.61 0.724 times
13 Fri May 2022 5.76 5.79 5.79 5.40 1.069 times
12 Thu May 2022 5.77 6.00 6.20 5.43 1.067 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.9 as stoploss in an intra day buy trade for a target of 6.42. However, stock will show a bearish move below 5.9.

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 5.57
Downside Intraday Target 5.18
Upside Intraday Target 6.54
Upside Intraday Target 7.12
Upside Intraday Target 6.15

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 5.96 6.48 6.73 5.76 0.315 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
25 Wed May 2022 5.96 7.10 7.50 5.40 0.459 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 21, 23, 4 Sell
MACD -0, -0Sell
Stochastics 40None
CCI -5Sell
RSI 45Sell
OBV -29154Sell
VWAP 6Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 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 SELL signal for Amforge Ind in short term and SELL 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

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 5.99 and Amforge Ind (AmforgeInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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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