(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 7212
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 2.48 | 2.65 | 2.74 | 2.48 | 1.14 times |
| 29 Wed Mar 2023 | 2.61 | 2.60 | 2.62 | 2.60 | 0.448 times |
| 28 Tue Mar 2023 | 2.73 | 2.67 | 2.75 | 2.54 | 0.32 times |
| 27 Mon Mar 2023 | 2.67 | 2.81 | 2.89 | 2.67 | 3.45 times |
| 24 Fri Mar 2023 | 2.81 | 2.81 | 2.81 | 2.81 | 0.215 times |
| 23 Thu Mar 2023 | 2.95 | 2.81 | 2.95 | 2.76 | 0.874 times |
| 22 Wed Mar 2023 | 2.90 | 3.04 | 3.04 | 2.82 | 0.495 times |
| 21 Tue Mar 2023 | 2.95 | 2.95 | 2.95 | 2.95 | 0.62 times |
| 20 Mon Mar 2023 | 3.10 | 3.10 | 3.25 | 2.95 | 1.45 times |
| 17 Fri Mar 2023 | 3.10 | 3.14 | 3.14 | 3.10 | 0.057 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.4, for a target of 2.8 or 3.11
Share price targets for Metalforge (Metalforge)
| Target Type | Value |
| Downside Target | 2.48 |
| Upside Target | 2.76 |
| Upside Target | 2.89 |
| Upside Target | 3.10 |
| Upside Target | 3.23 |
| Upside Target | 3.40 |
| Upside Target | 3.50 |
| Upside Target | 3.70 |
| Upside Target | 3.88 |
| Upside Target | 3.99 |
| Upside Target | 4.15 |
| Upside Target | 4.30 |
| Upside Target | 4.40 |
| Upside Target | 4.42 |
Intraday share price targets for Metalforge (Metalforge)
| Target Type | Value |
| Downside Intraday Target | 2.34 |
| Downside Intraday Target | 2.21 |
| Upside Intraday Target | 2.75 |
| Upside Intraday Target | 3.03 |
| Upside Intraday Target | 2.62 |
Weekly technical analysis of Metalforge (Metalforge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 2.48 | 2.81 | 2.89 | 2.48 | 1.466 times |
| 24 Fri Mar 2023 | 2.81 | 3.10 | 3.25 | 2.76 | 1.016 times |
| 17 Fri Mar 2023 | 3.10 | 3.33 | 3.40 | 3.10 | 1.393 times |
| 10 Fri Mar 2023 | 3.33 | 3.50 | 3.50 | 3.23 | 0.453 times |
| 03 Fri Mar 2023 | 3.50 | 3.75 | 3.99 | 3.50 | 2.57 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 |
| 31 Fri Mar 2023 | 2.48 | 3.65 | 3.75 | 2.48 | 1.53 times |
| 28 Tue Feb 2023 | 3.80 | 4.15 | 4.15 | 3.51 | 0.43 times |
| 31 Tue Jan 2023 | 4.07 | 4.00 | 4.42 | 3.70 | 0.979 times |
| 30 Fri Dec 2022 | 3.96 | 4.14 | 4.30 | 3.72 | 0.944 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Metalforge (Metalforge)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 26, 0 | Sell |
| MACD | -1, -0 | Sell |
| Stochastics | 11 | Sell |
| CCI | -115 | Sell |
| RSI | 42 | Sell |
| OBV | -90903 | Sell |
| VWAP | 3 | Sell |
| ADL | 0 | Sell |
| ROC | -22 | Sell |
| Force Index | 0 | Sell |
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 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 losing momentum.
MACD generated a SELL signal for Metalforge in short term and the sell signal is strong.
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 red color and prices are below 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 and selling is picking up 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 2.78 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.
Click here for Metalforge charts
Click here for further forecast and predictions for tomorrow