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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)

10 day averaged volume of Amforge Ind is 6340

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 5.59 5.51 5.62 5.35 0.153 times
06 Mon Feb 2023 5.41 5.26 5.70 5.26 1.542 times
03 Fri Feb 2023 5.55 5.25 5.76 5.13 1.159 times
02 Thu Feb 2023 5.36 5.78 5.78 5.16 2.179 times
01 Wed Feb 2023 5.62 5.83 5.83 5.22 0.295 times
31 Tue Jan 2023 5.60 5.85 5.85 5.20 1.185 times
30 Mon Jan 2023 5.78 5.85 5.85 5.30 0.857 times
27 Fri Jan 2023 5.70 5.59 5.81 5.50 0.748 times
25 Wed Jan 2023 5.59 5.75 5.84 5.55 0.84 times
24 Tue Jan 2023 5.73 5.77 5.84 5.50 0.401 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.6, but if it comes above 5.6, then a intra day buy could be more profitable.
If you take a sell trade below 5.6, then use 5.6 as stoploss and 5.3 as target. However if you take a buy trade in stock , then use 5.6 as stoploss and 5.72 as target.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 4.35
Downside Target 5.10
Downside Target 5.25
Downside Target 5.53
Upside Target 5.66
Upside Target 5.83
Upside Target 5.97
Upside Target 6.15
Upside Target 6.30
Upside Target 6.52
Upside Target 6.95
Upside Target 7.42
Upside Target 8.19

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 5.33
Downside Intraday Target 5.08
Upside Intraday Target 5.77
Upside Intraday Target 5.96
Downside Intraday Target 5.52

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 5.59 5.26 5.70 5.26 0.299 times
03 Fri Feb 2023 5.55 5.85 5.85 5.13 2.04 times
27 Fri Jan 2023 5.70 5.87 5.97 5.25 0.546 times
20 Fri Jan 2023 5.62 6.05 6.05 5.10 0.706 times
13 Fri Jan 2023 5.91 5.99 6.15 5.53 1.093 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
07 Tue Feb 2023 5.59 5.83 5.83 5.13 0.225 times
31 Tue Jan 2023 5.60 5.80 6.30 5.10 0.469 times
30 Fri Dec 2022 5.97 5.72 6.95 4.35 2.555 times
30 Wed Nov 2022 6.46 7.11 7.42 5.66 1.269 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 10, 17, 23 Sell
MACD -0, -0Sell
Stochastics 49None
CCI -38Buy
RSI 41Sell
OBV 13009Sell
VWAP 6Buy
ADL 0Sell
ROC -3Sell
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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Amforge Ind in short term and the sell signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Amforge Ind in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 5.54 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 positive

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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