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(Metalforge) Metalforge complete technical analysis [charts+indicators] | Buy/Sell Metalforge | (Metalforge) share price targets

Complete technical analysis of Metalforge (Metalforge) by charts plus indicators, forecast predictions and share price targets for Metalforge (Metalforge)

10 day averaged volume of Metalforge is 3612

Date Daily Closing Price Open High Low Volume
10 Fri May 2024 4.40 4.41 4.43 4.15 0.627 times
09 Thu May 2024 4.30 4.50 4.50 4.26 0.619 times
08 Wed May 2024 4.48 4.50 4.50 4.32 0.89 times
07 Tue May 2024 4.50 4.55 4.55 4.37 0.116 times
06 Mon May 2024 4.60 4.30 4.60 4.30 0.604 times
03 Fri May 2024 4.45 4.50 4.69 4.42 1.143 times
02 Thu May 2024 4.65 4.89 4.89 4.64 2.357 times
30 Tue Apr 2024 4.88 4.85 4.89 4.85 0.255 times
29 Mon Apr 2024 4.86 4.95 4.95 4.75 1.261 times
26 Fri Apr 2024 4.95 4.70 4.95 4.70 0.029 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.5, but if it comes above 4.5, then a intra day buy could be more profitable.
If you take a sell trade below 4.5, then use 4.5 as stoploss and 4.2 as target. However if you take a buy trade in stock , then use 4.5 as stoploss and 4.66 as target.

Share price targets for Metalforge (Metalforge)

Target Type Value
Downside Target 3.52
Downside Target 3.70
Downside Target 4.06
Upside Target 4.41
Upside Target 4.60
Upside Target 4.74
Upside Target 4.89
Upside Target 4.95
Upside Target 4.97
Upside Target 5.00
Upside Target 5.30
Upside Target 5.40

Intraday share price targets for Metalforge (Metalforge)

Target Type Value
Downside Intraday Target 4.17
Downside Intraday Target 3.93
Upside Intraday Target 4.62
Upside Intraday Target 4.83
Downside Intraday Target 4.38

Weekly technical analysis of Metalforge (Metalforge)

Date Weekly Closing Price Open High Low Volume
10 Fri May 2024 4.40 4.30 4.60 4.15 0.569 times
03 Fri May 2024 4.45 4.95 4.95 4.42 0.404 times
26 Fri Apr 2024 4.95 4.55 5.00 4.45 1.015 times
19 Fri Apr 2024 4.55 4.78 4.97 4.41 2.385 times
12 Fri Apr 2024 4.74 4.15 4.74 4.10 0.564 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 Metalforge (Metalforge)

Date Monthly Closing Price Open High Low Volume
10 Fri May 2024 4.40 4.89 4.89 4.15 0.157 times
30 Tue Apr 2024 4.88 3.70 5.00 3.52 0.282 times
28 Thu Mar 2024 3.70 3.88 5.40 3.70 29.398 times
19 Mon Feb 2024 4.06 4.34 4.49 4.06 0.071 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 Metalforge (Metalforge)

Price action analysis of Metalforge ( (Metalforge) ) 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 Metalforge ( (Metalforge) ) 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 Metalforge ( (Metalforge) ) 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 Metalforge ( (Metalforge) ) 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 Metalforge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Metalforge in short term but the sell signal is initial and weak.

Metalforge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Metalforge in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Metalforge is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.59 and Metalforge (Metalforge) 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 Metalforge (Metalforge) stock. Volume based technical analysis of Metalforge (Metalforge) stock is negative.

Metalforge 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.

Price action analysis of Metalforge ( (Metalforge) ) 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 Metalforge ( (Metalforge) ) 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 Metalforge ( (Metalforge) ) 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 Metalforge ( (Metalforge) ) 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 Metalforge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Metalforge in short term but the sell signal is initial and weak.

Metalforge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Metalforge in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Metalforge is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.59 and Metalforge (Metalforge) 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 Metalforge (Metalforge) stock. Volume based technical analysis of Metalforge (Metalforge) stock is negative.

Metalforge 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 Metalforge charts

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Daily charts

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