(RkForgings) Rk Forgings complete technical analysis [charts+indicators] | Buy/Sell Rk Forgings | (RkForgings) share price targets
Complete technical analysis of Rk Forgings (RkForgings) by charts plus indicators, forecast predictions and share price targets for Rk Forgings (RkForgings)
10 day averaged volume of Rk Forgings is 63290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 157.80 | 156.00 | 163.20 | 155.90 | 0.971 times |
| 12 Thu May 2022 | 152.90 | 161.00 | 161.05 | 150.95 | 0.978 times |
| 11 Wed May 2022 | 163.90 | 171.40 | 173.70 | 160.80 | 1.443 times |
| 10 Tue May 2022 | 171.40 | 172.50 | 175.50 | 170.00 | 0.576 times |
| 09 Mon May 2022 | 172.40 | 173.50 | 175.30 | 170.45 | 0.654 times |
| 06 Fri May 2022 | 173.50 | 175.65 | 175.65 | 168.40 | 0.774 times |
| 05 Thu May 2022 | 175.65 | 185.50 | 190.80 | 172.00 | 0.901 times |
| 04 Wed May 2022 | 182.20 | 196.00 | 198.80 | 178.90 | 2.463 times |
| 02 Mon May 2022 | 189.95 | 188.75 | 196.60 | 183.00 | 1.155 times |
| 29 Fri Apr 2022 | 188.75 | 191.25 | 194.90 | 187.90 | 0.552 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 155.2, for a target of 168.8 or 180.08
Share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Target | 150.95 |
| Downside Target | 156.40 |
| Upside Target | 159.55 |
| Upside Target | 168.40 |
| Upside Target | 175.50 |
| Upside Target | 183.25 |
| Upside Target | 194.00 |
| Upside Target | 198.80 |
| Upside Target | 760.00 |
| Upside Target | 855.00 |
| Upside Target | 905.00 |
| Upside Target | 968.55 |
| Upside Target | 1063.40 |
Intraday share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Intraday Target | 147.33 |
| Downside Intraday Target | 136.87 |
| Upside Intraday Target | 171.88 |
| Upside Intraday Target | 185.97 |
| Upside Intraday Target | 161.42 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 157.80 | 173.50 | 175.50 | 150.95 | 0.873 times |
| 06 Fri May 2022 | 173.50 | 188.75 | 198.80 | 168.40 | 1.654 times |
| 29 Fri Apr 2022 | 188.75 | 191.00 | 194.90 | 183.55 | 0.684 times |
| 22 Fri Apr 2022 | 192.10 | 185.05 | 196.00 | 178.00 | 1.665 times |
| 13 Wed Apr 2022 | 187.40 | 189.80 | 194.00 | 183.25 | 0.424 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 Rk Forgings (RkForgings)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 157.80 | 188.75 | 198.80 | 150.95 | 0.557 times |
| 29 Fri Apr 2022 | 188.75 | 162.00 | 196.00 | 159.55 | 0.988 times |
| 31 Thu Mar 2022 | 157.50 | 812.00 | 855.00 | 156.40 | 3.628 times |
| 28 Mon Feb 2022 | 813.95 | 963.80 | 968.55 | 760.00 | 0.597 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 Rk Forgings (RkForgings)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 8, 37, 63 | Sell |
| MACD | -98, -109 | Buy |
| Stochastics | 9 | Sell |
| CCI | -105 | Buy |
| RSI | 34 | Sell |
| OBV | -345966 | Sell |
| VWAP | 173 | Sell |
| ADL | 0 | Sell |
| ROC | -17 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rk Forgings ( (RkForgings) ) 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 Rk Forgings ( (RkForgings) ) 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 Rk Forgings ( (RkForgings) ) 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 Rk Forgings ( (RkForgings) ) 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 Rk Forgings stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Rk Forgings 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.
Rk Forgings 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 Rk Forgings 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 positive zone. This is a BUY zone
Stock of Rk Forgings is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.46 and Rk Forgings (RkForgings) 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 Rk Forgings (RkForgings) stock. Volume based technical analysis of Rk Forgings (RkForgings) stock is negative.
Rk Forgings 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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