(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 25822
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 160.10 | 165.80 | 165.80 | 159.50 | 0.739 times |
| 26 Thu May 2022 | 161.80 | 157.90 | 162.40 | 154.00 | 0.817 times |
| 25 Wed May 2022 | 157.90 | 156.55 | 161.50 | 156.55 | 0.676 times |
| 24 Tue May 2022 | 160.05 | 164.50 | 165.40 | 158.70 | 0.847 times |
| 23 Mon May 2022 | 164.65 | 167.70 | 169.15 | 162.90 | 0.695 times |
| 20 Fri May 2022 | 165.80 | 163.50 | 166.85 | 162.85 | 0.751 times |
| 19 Thu May 2022 | 161.25 | 165.50 | 165.50 | 160.30 | 0.452 times |
| 18 Wed May 2022 | 166.80 | 165.20 | 169.45 | 163.50 | 0.864 times |
| 17 Tue May 2022 | 162.10 | 165.95 | 167.20 | 159.05 | 1.581 times |
| 16 Mon May 2022 | 163.90 | 160.20 | 165.25 | 159.30 | 0.937 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 157.7 as stoploss in an intra day buy trade for a target of 167.64. However, stock will show a bearish move below 157.7.
Share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Target | 150.95 |
| Downside Target | 154.00 |
| Upside Target | 168.40 |
| Upside Target | 175.50 |
| Upside Target | 183.55 |
| Upside Target | 194.90 |
| 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 | 153.02 |
| Downside Intraday Target | 145.93 |
| Upside Intraday Target | 168.17 |
| Upside Intraday Target | 176.23 |
| Upside Intraday Target | 161.08 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 160.10 | 167.70 | 169.15 | 154.00 | 0.823 times |
| 20 Fri May 2022 | 165.80 | 160.20 | 169.45 | 159.05 | 0.405 times |
| 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 |
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 |
| 27 Fri May 2022 | 160.10 | 188.75 | 198.80 | 150.95 | 0.749 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 | 14, 28, 33 | Sell |
| MACD | -63, -73 | Buy |
| Stochastics | 43 | None |
| CCI | -29 | Buy |
| RSI | 42 | Sell |
| OBV | -403193 | Sell |
| VWAP | 163 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Rk Forgings in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 Rk Forgings is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 162.53 and Rk Forgings (RkForgings) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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