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

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

Showing technical analysis as on 2021-11-18 View latest technical analysis

10 day averaged volume of Baluforge is 1113

Date Daily Closing Price Open High Low Volume
18 Thu Nov 2021 242.50 253.00 253.10 237.10 2.842 times
17 Wed Nov 2021 249.55 262.00 262.50 248.30 3.026 times
16 Tue Nov 2021 261.35 261.00 261.35 257.45 0.983 times
15 Mon Nov 2021 260.60 261.00 261.45 260.60 1.378 times
12 Fri Nov 2021 260.60 265.95 265.95 255.60 1.334 times
11 Thu Nov 2021 258.20 262.00 263.30 258.20 1.052 times
10 Wed Nov 2021 262.00 262.25 262.30 258.35 1.448 times
09 Tue Nov 2021 261.50 263.00 263.00 255.60 0.363 times
08 Mon Nov 2021 260.20 260.85 261.50 255.60 0.121 times
04 Thu Nov 2021 260.85 261.25 261.25 258.00 0.101 times

Stock of Baluforge (Baluforge) has showed a significant fall. This could be a good time to exit from this stock.

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 247.7, for a target of 253.5 or 258.31

Share price targets for Baluforge (Baluforge)

Target Type Value
Downside Target 221.10
Downside Target 237.10
Upside Target 244.00
Upside Target 252.00
Upside Target 263.50
Upside Target 265.95
Upside Target 266.05
Upside Target 269.45
Upside Target 269.90
Upside Target 276.45

Intraday share price targets for Baluforge (Baluforge)

Target Type Value
Downside Intraday Target 232.23
Downside Intraday Target 221.97
Upside Intraday Target 257.63
Upside Intraday Target 272.77
Upside Intraday Target 247.37

Weekly technical analysis of Baluforge (Baluforge)

Date Weekly Closing Price Open High Low Volume
18 Thu Nov 2021 242.50 261.00 262.50 237.10 1.905 times
12 Fri Nov 2021 260.60 260.85 265.95 255.60 4.169 times
04 Thu Nov 2021 260.85 262.00 263.50 254.00 0.625 times
29 Fri Oct 2021 257.50 260.25 266.05 252.15 3.005 times
22 Fri Oct 2021 260.25 264.50 276.45 260.05 0.592 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Baluforge (Baluforge)

Date Monthly Closing Price Open High Low Volume
18 Thu Nov 2021 242.50 262.00 265.95 237.10 3.559 times
29 Fri Oct 2021 257.50 263.50 276.45 252.00 0.401 times
30 Thu Sep 2021 263.50 262.00 269.90 244.00 2.279 times
31 Tue Aug 2021 260.75 250.50 262.00 238.95 0.394 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 Baluforge (Baluforge)

Indicator Name Indicator Value Indicator Signal
ADX 8, 38, 64 Sell
MACD -3, -0Sell
Stochastics 29Sell
CCI -251Sell
RSI 34Sell
OBV -3205Sell
VWAP 254Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Baluforge ( (Baluforge) ) 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 Baluforge ( (Baluforge) ) based on a short 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 Baluforge ( (Baluforge) ) 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 Baluforge ( (Baluforge) ) 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 Baluforge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Baluforge in short term and the sell signal is strong.

Baluforge 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Baluforge 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Baluforge is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 253.93 and Baluforge (Baluforge) 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 Baluforge (Baluforge) stock. Volume based technical analysis of Baluforge (Baluforge) stock is negative.

Baluforge 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 Baluforge charts

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Daily charts

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