(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, 6 | Buy |
| Stochastics | 58 | None |
| CCI | 10 | Sell |
| RSI | 68 | Buy |
| OBV | 634269 | Sell |
| VWAP | 189 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| 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 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.
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