(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 2022-11-23 View latest technical analysis
10 day averaged volume of Amforge Ind is 5268
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 6.60 | 6.16 | 6.76 | 6.16 | 0.673 times |
| 22 Tue Nov 2022 | 6.16 | 5.66 | 6.83 | 5.66 | 0.318 times |
| 21 Mon Nov 2022 | 6.43 | 6.55 | 6.72 | 6.43 | 0.478 times |
| 18 Fri Nov 2022 | 6.58 | 6.80 | 6.80 | 6.40 | 0.426 times |
| 17 Thu Nov 2022 | 6.67 | 6.41 | 6.67 | 6.40 | 0.156 times |
| 16 Wed Nov 2022 | 6.48 | 6.50 | 6.90 | 5.75 | 1.763 times |
| 15 Tue Nov 2022 | 6.57 | 6.83 | 6.83 | 6.30 | 1.957 times |
| 14 Mon Nov 2022 | 6.57 | 6.98 | 7.00 | 6.57 | 0.746 times |
| 11 Fri Nov 2022 | 6.68 | 7.41 | 7.42 | 6.65 | 2.207 times |
| 10 Thu Nov 2022 | 7.08 | 6.72 | 7.10 | 6.50 | 1.535 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 6.5 as stoploss in an intra day buy trade for a target of 6.75. However, stock will show a bearish move below 6.5.
Share price targets for Amforge Ind (AmforgeInd)
| Target Type | Value |
| Downside Target | 5.55 |
| Downside Target | 6.17 |
| Downside Target | 6.43 |
| Upside Target | 6.83 |
| Upside Target | 7.00 |
| Upside Target | 7.38 |
| 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 | 5.9 |
| Downside Intraday Target | 5.19 |
| Upside Intraday Target | 7.07 |
| Upside Intraday Target | 7.53 |
| Downside Intraday Target | 6.36 |
Weekly technical analysis of Amforge Ind (AmforgeInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 6.60 | 6.55 | 6.83 | 5.66 | 0.291 times |
| 18 Fri Nov 2022 | 6.58 | 6.98 | 7.00 | 5.75 | 0.934 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 |
Price has moved up 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 |
| 23 Wed Nov 2022 | 6.60 | 7.11 | 7.42 | 5.66 | 0.832 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 | 8, 22, 47 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 41 | None |
| CCI | -36 | Buy |
| RSI | 61 | Buy |
| OBV | -26296 | Sell |
| VWAP | 7 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Amforge Ind in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above 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 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 6.64 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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