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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 11553

Date Daily Closing Price Open High Low Volume
22 Wed Sep 2021 5.27 5.40 5.40 5.06 0.299 times
21 Tue Sep 2021 5.28 5.20 5.48 5.18 0.418 times
20 Mon Sep 2021 5.45 5.30 5.50 5.20 0.318 times
17 Fri Sep 2021 5.40 5.50 5.50 5.20 1.131 times
16 Thu Sep 2021 5.42 5.50 5.50 5.15 1.019 times
15 Wed Sep 2021 5.33 5.05 5.45 4.95 1.631 times
14 Tue Sep 2021 5.21 5.25 5.40 5.09 0.416 times
13 Mon Sep 2021 5.35 5.45 5.45 5.06 1.539 times
09 Thu Sep 2021 5.32 5.30 5.50 5.23 0.26 times
08 Wed Sep 2021 5.30 5.30 5.40 5.02 2.864 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 5.2 as stoploss in an intra day buy trade for a target of 5.35. However, stock will show a bearish move below 5.2.

Share price targets for Metalforge (Metalforge)

Target Type Value
Downside Target 4.95
Upside Target 5.50
Upside Target 5.80
Upside Target 5.82
Upside Target 5.85
Upside Target 5.90
Upside Target 7.20
Upside Target 7.58
Upside Target 8.21
Upside Target 8.70

Intraday share price targets for Metalforge (Metalforge)

Target Type Value
Downside Intraday Target 5.05
Downside Intraday Target 4.84
Upside Intraday Target 5.49
Upside Intraday Target 5.72
Upside Intraday Target 5.28

Weekly technical analysis of Metalforge (Metalforge)

Date Weekly Closing Price Open High Low Volume
22 Wed Sep 2021 5.27 5.30 5.50 5.06 0.18 times
17 Fri Sep 2021 5.40 5.45 5.50 4.95 1.429 times
09 Thu Sep 2021 5.32 5.25 5.50 4.95 0.807 times
03 Fri Sep 2021 5.20 5.40 5.90 5.00 1.158 times
27 Fri Aug 2021 5.65 5.49 5.80 4.96 2.152 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
22 Wed Sep 2021 5.27 5.11 5.50 4.95 0.388 times
31 Tue Aug 2021 5.35 7.00 7.20 4.95 0.735 times
30 Fri Jul 2021 6.99 6.00 8.21 5.85 1.417 times
30 Wed Jun 2021 6.21 6.30 8.70 5.82 1.391 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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 17, 9 Sell
MACD -0, -0Buy
Stochastics 70None
CCI -74Sell
RSI 50Sell
OBV 33380Sell
VWAP 5Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Metalforge ( (Metalforge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Metalforge ( (Metalforge) ) based on a short 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.

Price action analysis of Metalforge ( (Metalforge) ) based on a short to mid 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.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

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 Metalforge in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 5.34 and Metalforge (Metalforge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Metalforge (Metalforge) stock. Volume based technical analysis of Metalforge (Metalforge) stock is negative.

Metalforge Stock is giving positive 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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Daily charts

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Daily chart

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