(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 2024-05-08 View latest technical analysis
10 day averaged volume of Metalforge is 5845
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 4.48 | 4.50 | 4.50 | 4.32 | 0.55 times |
| 07 Tue May 2024 | 4.50 | 4.55 | 4.55 | 4.37 | 0.072 times |
| 06 Mon May 2024 | 4.60 | 4.30 | 4.60 | 4.30 | 0.373 times |
| 03 Fri May 2024 | 4.45 | 4.50 | 4.69 | 4.42 | 0.706 times |
| 02 Thu May 2024 | 4.65 | 4.89 | 4.89 | 4.64 | 1.457 times |
| 30 Tue Apr 2024 | 4.88 | 4.85 | 4.89 | 4.85 | 0.158 times |
| 29 Mon Apr 2024 | 4.86 | 4.95 | 4.95 | 4.75 | 0.779 times |
| 26 Fri Apr 2024 | 4.95 | 4.70 | 4.95 | 4.70 | 0.018 times |
| 25 Thu Apr 2024 | 4.94 | 4.75 | 5.00 | 4.73 | 1.685 times |
| 24 Wed Apr 2024 | 4.97 | 4.74 | 4.97 | 4.73 | 4.129 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 |
| Downside Target | 4.30 |
| Downside 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 | 4.32 |
| Downside Intraday Target | 4.16 |
| Upside Intraday Target | 4.62 |
| Upside Intraday Target | 4.76 |
| Downside Intraday Target | 4.46 |
Weekly technical analysis of Metalforge (Metalforge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 4.48 | 4.30 | 4.60 | 4.30 | 0.321 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 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 Metalforge (Metalforge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 4.48 | 4.89 | 4.89 | 4.30 | 0.126 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 losing momentum.
MACD generated a SELL signal for Metalforge in short term but the sell signal is initial and weak.
Metalforge 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Metalforge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.83 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 negative.
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 losing momentum.
MACD generated a SELL signal for Metalforge in short term but the sell signal is initial and weak.
Metalforge 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Metalforge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.83 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 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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