Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 103600

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 185.95 187.20 188.45 185.05 0.116 times
11 Thu Aug 2022 186.25 188.10 191.55 185.10 0.198 times
10 Wed Aug 2022 186.95 188.50 190.90 186.00 0.434 times
08 Mon Aug 2022 189.50 190.90 191.95 188.50 0.198 times
05 Fri Aug 2022 190.90 191.00 192.50 188.85 0.456 times
04 Thu Aug 2022 191.25 193.80 193.90 184.25 0.535 times
03 Wed Aug 2022 190.45 179.00 193.00 179.00 6.791 times
02 Tue Aug 2022 179.90 176.70 181.35 176.60 0.354 times
01 Mon Aug 2022 180.15 184.90 185.00 178.00 0.306 times
30 Sat Jul 2022 177.80 182.00 182.00 177.20 0.452 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 188.6 as stoploss in an intra day sell trade for a target of 178.38. However, stock will show a bullish move above 188.6.

Share price targets for Rk Forgings (RkForgings)

Target Type Value
Downside Target 145.50
Downside Target 150.95
Downside Target 154.20
Downside Target 157.70
Downside Target 166.90
Downside Target 175.00
Downside Target 180.15
Downside Target 183.90
Downside Target 185.05
Upside Target 191.95
Upside Target 193.90
Upside Target 196.00
Upside Target 198.80

Intraday share price targets for Rk Forgings (RkForgings)

Target Type Value
Downside Intraday Target 183.35
Downside Intraday Target 180.75
Upside Intraday Target 190.25
Upside Intraday Target 194.55
Upside Intraday Target 187.65

Weekly technical analysis of Rk Forgings (RkForgings)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 185.95 190.90 191.95 185.05 0.112 times
05 Fri Aug 2022 190.90 184.90 193.90 176.60 5.454 times
30 Sat Jul 2022 177.80 183.90 183.90 175.00 0.79 times
22 Fri Jul 2022 178.60 159.60 180.15 157.70 1.895 times
14 Thu Jul 2022 155.80 163.00 166.90 154.20 1.168 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
12 Fri Aug 2022 185.95 184.90 193.90 176.60 1.709 times
30 Sat Jul 2022 177.80 161.05 183.90 154.20 1.222 times
30 Thu Jun 2022 163.05 166.00 169.55 145.50 0.531 times
31 Tue May 2022 166.70 188.75 198.80 150.95 0.779 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rk Forgings (RkForgings)

Indicator Name Indicator Value Indicator Signal
ADX 24, 12, 33 Buy
MACD 7, 6Buy
Stochastics 58None
CCI 10Sell
RSI 68Buy
OBV 634269Sell
VWAP 189Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rk Forgings ( (RkForgings) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rk Forgings ( (RkForgings) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Rk Forgings stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Rk Forgings in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rk Forgings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 188.92 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rk Forgings charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme