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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 2021-11-26 View latest technical analysis

10 day averaged volume of Baluforge is 1577

Date Daily Closing Price Open High Low Volume
26 Fri Nov 2021 244.60 244.60 244.60 241.55 0.027 times
25 Thu Nov 2021 243.75 245.50 246.65 238.60 0.33 times
24 Wed Nov 2021 245.50 245.00 245.50 245.00 0.642 times
23 Tue Nov 2021 244.25 243.50 244.25 242.50 0.82 times
22 Mon Nov 2021 242.50 243.25 243.45 242.50 0.715 times
18 Thu Nov 2021 242.50 253.00 253.10 237.10 2.006 times
17 Wed Nov 2021 249.55 262.00 262.50 248.30 2.136 times
16 Tue Nov 2021 261.35 261.00 261.35 257.45 0.694 times
15 Mon Nov 2021 260.60 261.00 261.45 260.60 0.973 times
12 Fri Nov 2021 260.60 265.95 265.95 255.60 0.942 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 247, but if it comes above 247, then a intra day buy could be more profitable.
If you take a sell trade below 247, then use 247 as stoploss and 238.2 as target. However if you take a buy trade in stock , then use 247 as stoploss and 254.4 as target.

Share price targets for Baluforge (Baluforge)

Target Type Value
Downside Target 221.10
Downside Target 237.10
Downside Target 244.00
Upside Target 252.00
Upside Target 262.00
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 239.92
Downside Intraday Target 235.23
Upside Intraday Target 247.97
Upside Intraday Target 251.33
Downside Intraday Target 243.28

Weekly technical analysis of Baluforge (Baluforge)

Date Weekly Closing Price Open High Low Volume
26 Fri Nov 2021 244.60 243.25 246.65 238.60 0.436 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
26 Fri Nov 2021 244.60 262.00 265.95 237.10 4.5 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, 39, 61 Sell
MACD -7, -5Sell
Stochastics 26Sell
CCI -57Buy
RSI 33Sell
OBV -1446Sell
VWAP 250Sell
ADL 0Sell
ROC -5Sell
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 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 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 249.68 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.

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Daily charts

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Daily chart

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