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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 2022-08-12 View latest technical analysis

10 day averaged volume of Amforge Ind is 6512

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 6.50 6.95 6.95 6.20 0.46 times
11 Thu Aug 2022 6.51 6.95 6.95 6.06 0.494 times
10 Wed Aug 2022 6.79 6.51 6.98 6.51 0.635 times
08 Mon Aug 2022 6.57 6.80 6.90 6.50 1.51 times
05 Fri Aug 2022 6.80 6.80 6.90 6.35 1.135 times
04 Thu Aug 2022 6.64 6.74 6.89 6.26 0.528 times
03 Wed Aug 2022 6.44 6.15 6.45 6.06 0.735 times
02 Tue Aug 2022 6.24 6.55 6.55 6.03 0.663 times
01 Mon Aug 2022 6.04 6.60 6.97 5.82 2.556 times
29 Fri Jul 2022 6.66 6.60 6.99 6.40 0.652 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 6.4 as stoploss in an intra day buy trade for a target of 6.63. However, stock will show a bearish move below 6.4.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.38
Downside Target 5.82
Downside Target 6.06
Downside Target 6.50
Upside Target 6.97
Upside Target 7.04
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 6.05
Downside Intraday Target 5.59
Upside Intraday Target 6.97
Upside Intraday Target 7.43
Upside Intraday Target 6.51

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 6.50 6.80 6.98 6.06 0.552 times
05 Fri Aug 2022 6.80 6.60 6.97 5.82 1.817 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

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
12 Fri Aug 2022 6.50 6.60 6.98 5.82 0.431 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 14, 21, 18 Sell
MACD -0, -0Buy
Stochastics 54None
CCI 9Buy
RSI 49Sell
OBV -18321Sell
VWAP 6Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Amforge Ind in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Amforge Ind in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 6.44 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 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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