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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 2021-11-23 View latest technical analysis

10 day averaged volume of Baluforge is 1509

Date Daily Closing Price Open High Low Volume
23 Tue Nov 2021 244.25 243.50 244.25 242.50 0.857 times
22 Mon Nov 2021 242.50 243.25 243.45 242.50 0.748 times
18 Thu Nov 2021 242.50 253.00 253.10 237.10 2.096 times
17 Wed Nov 2021 249.55 262.00 262.50 248.30 2.232 times
16 Tue Nov 2021 261.35 261.00 261.35 257.45 0.725 times
15 Mon Nov 2021 260.60 261.00 261.45 260.60 1.017 times
12 Fri Nov 2021 260.60 265.95 265.95 255.60 0.984 times
11 Thu Nov 2021 258.20 262.00 263.30 258.20 0.776 times
10 Wed Nov 2021 262.00 262.25 262.30 258.35 1.068 times
09 Tue Nov 2021 261.50 263.00 263.00 255.60 0.268 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 242.4, for a target of 250.1 or 256.46

Share price targets for Baluforge (Baluforge)

Target Type Value
Downside Target 221.10
Downside Target 237.10
Upside Target 252.00
Upside Target 262.00
Upside Target 262.50
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 243.08
Downside Intraday Target 241.92
Upside Intraday Target 244.83
Upside Intraday Target 245.42
Downside Intraday Target 243.67

Weekly technical analysis of Baluforge (Baluforge)

Date Weekly Closing Price Open High Low Volume
23 Tue Nov 2021 244.25 243.25 244.25 242.50 0.264 times
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

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 Baluforge (Baluforge)

Date Monthly Closing Price Open High Low Volume
23 Tue Nov 2021 244.25 262.00 265.95 237.10 4.129 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 9, 36, 59 Sell
MACD -5, -2Sell
Stochastics 21Sell
CCI -106Buy
RSI 34Sell
OBV -1849Sell
VWAP 252Sell
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 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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Baluforge in short term but BUY signal is weak.

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 252.27 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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Daily chart

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