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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 2023-01-31 View latest technical analysis

10 day averaged volume of Amforge Ind is 5536

Date Daily Closing Price Open High Low Volume
31 Tue Jan 2023 5.60 5.85 5.85 5.20 1.357 times
30 Mon Jan 2023 5.78 5.85 5.85 5.30 0.981 times
27 Fri Jan 2023 5.70 5.59 5.81 5.50 0.857 times
25 Wed Jan 2023 5.59 5.75 5.84 5.55 0.962 times
24 Tue Jan 2023 5.73 5.77 5.84 5.50 0.459 times
23 Mon Jan 2023 5.75 5.87 5.97 5.25 0.909 times
20 Fri Jan 2023 5.62 5.90 5.98 5.58 1.077 times
19 Thu Jan 2023 5.85 5.71 5.99 5.10 2.831 times
18 Wed Jan 2023 5.76 5.95 6.05 5.51 0.273 times
17 Tue Jan 2023 5.95 5.88 5.99 5.88 1.391 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.7, but if it comes above 5.7, then a intra day buy could be more profitable.
If you take a sell trade below 5.7, then use 5.7 as stoploss and 5.5 as target. However if you take a buy trade in stock , then use 5.7 as stoploss and 5.82 as target.

Share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Target 4.35
Downside Target 5.10
Downside Target 5.53
Upside Target 5.85
Upside Target 5.97
Upside Target 6.30
Upside Target 6.52
Upside Target 6.95
Upside Target 7.42
Upside Target 8.11
Upside Target 8.19

Intraday share price targets for Amforge Ind (AmforgeInd)

Target Type Value
Downside Intraday Target 5.25
Downside Intraday Target 4.9
Upside Intraday Target 5.9
Upside Intraday Target 6.2
Downside Intraday Target 5.55

Weekly technical analysis of Amforge Ind (AmforgeInd)

Date Weekly Closing Price Open High Low Volume
31 Tue Jan 2023 5.60 5.85 5.85 5.20 0.734 times
27 Fri Jan 2023 5.70 5.87 5.97 5.25 0.546 times
20 Fri Jan 2023 5.62 6.05 6.05 5.10 0.706 times
13 Fri Jan 2023 5.91 5.99 6.15 5.53 1.093 times
06 Fri Jan 2023 5.82 5.80 6.30 5.53 0.773 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
31 Tue Jan 2023 5.60 5.80 6.30 5.10 0.469 times
30 Fri Dec 2022 5.97 5.72 6.95 4.35 2.555 times
30 Wed Nov 2022 6.46 7.11 7.42 5.66 1.269 times
31 Mon Oct 2022 6.96 8.10 8.19 6.52 0.398 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 10, 27, 44 Sell
MACD -0, -0Buy
Stochastics 62None
CCI -138Sell
RSI 41Sell
OBV 40237Sell
VWAP 6Sell
ADL 0Sell
ROC -5Sell
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 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 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 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 in or above the red 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 SELL signal in short term and selling is picking up 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 5.75 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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