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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 2022-08-02 View latest technical analysis

10 day averaged volume of Amforge Ind is 5585

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 6.24 6.55 6.55 6.03 0.773 times
01 Mon Aug 2022 6.04 6.60 6.97 5.82 2.98 times
29 Fri Jul 2022 6.66 6.60 6.99 6.40 0.76 times
28 Thu Jul 2022 6.63 6.50 7.40 6.50 1.273 times
27 Wed Jul 2022 6.74 6.17 6.89 6.17 1.296 times
26 Tue Jul 2022 6.51 6.89 6.89 6.50 0.104 times
25 Mon Jul 2022 6.79 6.85 6.85 6.61 0.169 times
22 Fri Jul 2022 6.69 6.91 6.91 6.66 0.212 times
21 Thu Jul 2022 6.59 6.82 6.82 6.50 0.488 times
20 Wed Jul 2022 6.82 6.99 6.99 6.50 1.121 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.5, but if it comes above 6.5, then a intra day buy could be more profitable.
If you take a sell trade below 6.5, then use 6.5 as stoploss and 6 as target. However if you take a buy trade in stock , then use 6.5 as stoploss and 6.87 as target.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.38
Downside Target 5.82
Downside Target 6.17
Upside Target 6.50
Upside Target 6.97
Upside Target 7.40
Upside Target 7.50
Upside Target 7.60
Upside Target 8.60
Upside Target 8.80
Upside Target 9.00

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 5.72
Downside Intraday Target 5.19
Upside Intraday Target 6.87
Upside Intraday Target 7.49
Upside Intraday Target 6.34

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 6.24 6.60 6.97 5.82 1.041 times
29 Fri Jul 2022 6.66 6.85 7.40 6.17 0.752 times
22 Fri Jul 2022 6.69 6.76 7.04 6.21 1.903 times
15 Fri Jul 2022 7.04 7.45 7.60 6.50 0.201 times
08 Fri Jul 2022 7.28 6.70 9.00 6.50 3.06 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
02 Tue Aug 2022 6.24 6.60 6.97 5.82 0.159 times
29 Fri Jul 2022 6.66 6.72 9.00 6.17 0.801 times
30 Thu Jun 2022 6.58 6.34 8.80 5.38 1.594 times
31 Tue May 2022 6.05 7.10 7.50 5.40 0.541 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 15, 23, 20 Sell
MACD -0, -0Sell
Stochastics 27Sell
CCI -162Sell
RSI 49Sell
OBV -33090Sell
VWAP 6Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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

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 6.45 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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