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(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)

Showing technical analysis as on 2022-04-25 View latest technical analysis

10 day averaged volume of Rk Forgings is 66806

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 184.55 191.00 191.00 183.55 0.708 times
22 Fri Apr 2022 192.10 191.00 196.00 188.65 0.925 times
21 Thu Apr 2022 192.20 186.65 194.50 184.00 1.172 times
20 Wed Apr 2022 183.25 181.75 185.90 180.60 0.643 times
19 Tue Apr 2022 181.75 182.70 187.35 178.00 0.74 times
18 Mon Apr 2022 181.25 185.05 186.25 179.15 0.95 times
13 Wed Apr 2022 187.40 188.25 189.45 185.95 0.929 times
12 Tue Apr 2022 184.85 189.20 191.90 183.25 0.814 times
11 Mon Apr 2022 190.45 189.80 194.00 186.90 0.917 times
08 Fri Apr 2022 187.60 180.95 189.80 179.00 1.969 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 188.9 as stoploss in an intra day sell trade for a target of 177.14. However, stock will show a bullish move above 188.9.

Share price targets for Rk Forgings (RkForgings)

Target Type Value
Downside Target 156.40
Downside Target 159.55
Downside Target 165.00
Downside Target 178.00
Downside Target 183.25
Upside Target 189.80
Upside Target 760.00
Upside Target 850.85
Upside Target 855.00
Upside Target 905.00
Upside Target 968.55
Upside Target 985.00
Upside Target 1063.40

Intraday share price targets for Rk Forgings (RkForgings)

Target Type Value
Downside Intraday Target 181.73
Downside Intraday Target 178.92
Upside Intraday Target 189.18
Upside Intraday Target 193.82
Upside Intraday Target 186.37

Weekly technical analysis of Rk Forgings (RkForgings)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 184.55 191.00 191.00 183.55 0.16 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
08 Fri Apr 2022 187.60 165.00 189.80 165.00 1.402 times
01 Fri Apr 2022 162.15 166.80 166.80 156.40 0.683 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
25 Mon Apr 2022 184.55 162.00 196.00 159.55 0.852 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
31 Mon Jan 2022 954.45 970.00 1063.40 905.00 1.85 times

Scroll below to view daily charts

Price has moved up 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 15, 42, 47 Sell
MACD -165, -194Buy
Stochastics 67None
CCI -8Sell
RSI 24Sell
OBV 441693Sell
VWAP 187Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Rk Forgings ( (RkForgings) ) based on a short 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 short 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 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 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 gaining 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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Rk Forgings in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 187.03 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.

Click here for Rk Forgings charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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