(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 2022-11-01 View latest technical analysis
10 day averaged volume of Amforge Ind is 5205
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Nov 2022 | 6.84 | 7.11 | 7.25 | 6.59 | 0.817 times |
| 31 Mon Oct 2022 | 6.96 | 7.38 | 7.38 | 6.79 | 1.364 times |
| 28 Fri Oct 2022 | 6.95 | 6.79 | 7.35 | 6.79 | 0.669 times |
| 27 Thu Oct 2022 | 7.00 | 7.98 | 7.98 | 6.54 | 0.811 times |
| 25 Tue Oct 2022 | 7.01 | 6.81 | 7.49 | 6.81 | 1.163 times |
| 24 Mon Oct 2022 | 7.23 | 7.40 | 7.40 | 6.80 | 0.094 times |
| 21 Fri Oct 2022 | 6.80 | 7.00 | 7.18 | 6.56 | 0.612 times |
| 20 Thu Oct 2022 | 6.91 | 7.18 | 7.18 | 6.62 | 2.676 times |
| 19 Wed Oct 2022 | 6.98 | 7.18 | 7.18 | 6.90 | 0.186 times |
| 18 Tue Oct 2022 | 7.18 | 7.23 | 7.30 | 6.95 | 0.635 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.9, but if it comes above 6.9, then a intra day buy could be more profitable.
If you take a sell trade below 6.9, then use 6.9 as stoploss and 6.6 as target. However if you take a buy trade in stock , then use 6.9 as stoploss and 7.04 as target.
Share price targets for Amforge Ind (AmforgeInd)
| Target Type | Value |
| Downside Target | 5.55 |
| Downside Target | 5.82 |
| Downside Target | 6.17 |
| Downside Target | 6.52 |
| Downside Target | 6.77 |
| Upside Target | 7.25 |
| Upside Target | 7.63 |
| Upside Target | 7.69 |
| Upside Target | 7.98 |
| Upside Target | 8.11 |
| Upside Target | 8.19 |
| Upside Target | 9.00 |
Intraday share price targets for Amforge Ind (AmforgeInd)
| Target Type | Value |
| Downside Intraday Target | 6.49 |
| Downside Intraday Target | 6.15 |
| Upside Intraday Target | 7.28 |
| Upside Intraday Target | 7.73 |
| Upside Intraday Target | 6.94 |
Weekly technical analysis of Amforge Ind (AmforgeInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Nov 2022 | 6.84 | 7.38 | 7.38 | 6.59 | 0.797 times |
| 28 Fri Oct 2022 | 6.95 | 7.40 | 7.98 | 6.54 | 0.666 times |
| 21 Fri Oct 2022 | 6.80 | 7.23 | 7.30 | 6.56 | 0.954 times |
| 14 Fri Oct 2022 | 7.18 | 7.30 | 7.63 | 6.52 | 0.666 times |
| 07 Fri Oct 2022 | 7.30 | 8.10 | 8.19 | 6.77 | 0.677 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 |
| 01 Tue Nov 2022 | 6.84 | 7.11 | 7.25 | 6.59 | 0.043 times |
| 31 Mon Oct 2022 | 6.96 | 8.10 | 8.19 | 6.52 | 0.398 times |
| 30 Fri Sep 2022 | 7.14 | 6.52 | 8.11 | 5.55 | 1.853 times |
| 30 Tue Aug 2022 | 6.67 | 6.60 | 7.69 | 5.82 | 1.016 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 | 17, 10, 26 | Buy |
| MACD | 0, 0 | Sell |
| Stochastics | 27 | Sell |
| CCI | -100 | Sell |
| RSI | 66 | Buy |
| OBV | -16030 | Sell |
| VWAP | 7 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Amforge Ind ( (AmforgeInd) ) based on a short to mid term time period is
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Amforge Ind in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Amforge Ind in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 6.95 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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