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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 2022-11-14 View latest technical analysis

10 day averaged volume of Amforge Ind is 5847

Date Daily Closing Price Open High Low Volume
14 Mon Nov 2022 6.57 6.98 7.00 6.57 0.672 times
11 Fri Nov 2022 6.68 7.41 7.42 6.65 1.988 times
10 Thu Nov 2022 7.08 6.72 7.10 6.50 1.383 times
09 Wed Nov 2022 6.72 6.98 6.98 6.43 0.372 times
07 Mon Nov 2022 6.68 7.28 7.28 6.47 1.127 times
04 Fri Nov 2022 6.98 7.30 7.30 6.70 0.559 times
03 Thu Nov 2022 6.92 7.15 7.15 6.67 0.668 times
02 Wed Nov 2022 7.15 7.25 7.25 6.61 1.367 times
01 Tue Nov 2022 6.84 7.11 7.25 6.59 0.728 times
31 Mon Oct 2022 6.96 7.38 7.38 6.79 1.214 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6.5, for a target of 6.7 or 6.92

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.55
Downside Target 5.82
Downside Target 6.17
Downside Target 6.43
Upside Target 7.00
Upside Target 7.30
Upside Target 7.42
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 6.43
Downside Intraday Target 6.28
Upside Intraday Target 6.86
Upside Intraday Target 7.14
Upside Intraday Target 6.71

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
14 Mon Nov 2022 6.57 6.98 7.00 6.57 0.138 times
11 Fri Nov 2022 6.68 7.28 7.42 6.43 1.074 times
04 Fri Nov 2022 6.98 7.38 7.38 6.59 1.862 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

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
14 Mon Nov 2022 6.57 7.11 7.42 6.43 0.524 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 15, 8, 33 Buy
MACD -0, -0Sell
Stochastics 27Sell
CCI -135Sell
RSI 59Buy
OBV -26244Sell
VWAP 7Sell
ADL 0Sell
ROC -5Sell
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 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 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 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 BUY. 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.

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 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 6.87 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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