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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)

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Metalforge is 17302

Date Daily Closing Price Open High Low Volume
26 Tue Mar 2024 4.09 4.09 4.09 4.09 0.131 times
22 Fri Mar 2024 4.30 4.30 4.30 4.30 0.173 times
21 Thu Mar 2024 4.52 4.75 4.75 4.52 0.533 times
20 Wed Mar 2024 4.75 4.75 4.81 4.75 0.345 times
19 Tue Mar 2024 5.00 5.01 5.05 4.71 0.133 times
18 Mon Mar 2024 4.81 4.75 5.17 4.74 0.542 times
15 Fri Mar 2024 4.97 5.25 5.40 4.95 0.58 times
14 Thu Mar 2024 5.21 4.90 5.25 4.82 0.313 times
13 Wed Mar 2024 5.05 5.00 5.19 5.00 0.714 times
12 Tue Mar 2024 4.95 5.11 5.11 4.86 1.525 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.3, but if it comes above 4.3, then a intra day buy could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 3.9 as target. However if you take a buy trade in stock , then use 4.3 as stoploss and 4.7 as target.

Share price targets for Metalforge (Metalforge)

Target Type Value
Downside Target 3.21
Downside Target 3.71
Downside Target 3.80
Downside Target 3.88
Downside Target 4.06
Upside Target 4.19
Upside Target 4.41
Upside Target 4.82
Upside Target 5.16
Upside Target 5.17
Upside Target 5.30
Upside Target 5.40

Intraday share price targets for Metalforge (Metalforge)

Target Type Value
Downside Intraday Target 4.09
Downside Intraday Target 4.09
Downside Intraday Target 4.09
Downside Intraday Target 4.09
Downside Intraday Target 4.09

Weekly technical analysis of Metalforge (Metalforge)

Date Weekly Closing Price Open High Low Volume
26 Tue Mar 2024 4.09 4.09 4.09 4.09 0.076 times
22 Fri Mar 2024 4.30 4.75 5.17 4.30 0.209 times
15 Fri Mar 2024 4.97 4.90 5.40 4.82 0.578 times
07 Thu Mar 2024 4.90 4.47 5.16 4.26 4.87 times
02 Sat Mar 2024 4.47 4.06 4.47 3.88 508.52 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
26 Tue Mar 2024 4.09 3.88 5.40 3.88 26.275 times
19 Mon Feb 2024 4.06 4.34 4.49 4.06 0.071 times
29 Mon Jan 2024 4.56 3.98 5.30 3.71 50.073 times
26 Tue Dec 2023 3.98 4.19 4.19 3.80 0.031 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 Metalforge 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

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 4.86 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 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 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 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 Metalforge 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

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 4.86 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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