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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 2022-11-17 View latest technical analysis

10 day averaged volume of Amforge Ind is 6717

Date Daily Closing Price Open High Low Volume
17 Thu Nov 2022 6.67 6.41 6.67 6.40 0.122 times
16 Wed Nov 2022 6.48 6.50 6.90 5.75 1.383 times
15 Tue Nov 2022 6.57 6.83 6.83 6.30 1.535 times
14 Mon Nov 2022 6.57 6.98 7.00 6.57 0.585 times
11 Fri Nov 2022 6.68 7.41 7.42 6.65 1.731 times
10 Thu Nov 2022 7.08 6.72 7.10 6.50 1.204 times
09 Wed Nov 2022 6.72 6.98 6.98 6.43 0.324 times
07 Mon Nov 2022 6.68 7.28 7.28 6.47 0.981 times
04 Fri Nov 2022 6.98 7.30 7.30 6.70 0.487 times
03 Thu Nov 2022 6.92 7.15 7.15 6.67 0.581 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.7, but if it comes above 6.7, then a intra day buy could be more profitable.
If you take a sell trade below 6.7, then use 6.7 as stoploss and 6.4 as target. However if you take a buy trade in stock , then use 6.7 as stoploss and 6.86 as target.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 5.55
Downside Target 5.75
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 5.95
Downside Intraday Target 5.22
Upside Intraday Target 7.2
Upside Intraday Target 7.72
Downside Intraday Target 6.47

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
17 Thu Nov 2022 6.67 6.98 7.00 5.75 0.855 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
17 Thu Nov 2022 6.67 7.11 7.42 5.75 0.731 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 11, 17, 22 Sell
MACD -0, -0Sell
Stochastics 41None
CCI -71Buy
RSI 59Buy
OBV -41488Sell
VWAP 7Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 gaining momentum.

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

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 red color and prices are below the red 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 BUY signal in short term but buying 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 6.71 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

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Daily charts

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Daily chart

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