(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 2022-05-04 View latest technical analysis
10 day averaged volume of Rk Forgings is 50811
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Wed May 2022||182.20||196.00||198.80||178.90||3.068 times|
|02 Mon May 2022||189.95||188.75||196.60||183.00||1.438 times|
|29 Fri Apr 2022||188.75||191.25||194.90||187.90||0.688 times|
|28 Thu Apr 2022||190.50||192.60||193.00||189.40||0.629 times|
|27 Wed Apr 2022||189.75||191.00||194.35||186.40||0.774 times|
|26 Tue Apr 2022||190.45||186.80||191.90||186.80||0.964 times|
|25 Mon Apr 2022||184.55||191.00||191.00||183.55||0.931 times|
|22 Fri Apr 2022||192.10||191.00||196.00||188.65||1.216 times|
|21 Thu Apr 2022||192.20||186.65||194.50||184.00||1.541 times|
|20 Wed Apr 2022||183.25||181.75||185.90||180.60||0.845 times|
Stock of Rk Forgings (RkForgings) has showed a significant fall. This could be a good time to exit from this stock.
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 179.8 as stoploss in an intra day buy trade for a target of 185.45. However, stock will show a bearish move below 179.8.
Share price targets for Rk Forgings (RkForgings)
Intraday share price targets for Rk Forgings (RkForgings)
|Downside Intraday Target||174.47|
|Downside Intraday Target||166.73|
|Upside Intraday Target||194.37|
|Upside Intraday Target||206.53|
|Upside Intraday Target||186.63|
Weekly technical analysis of Rk Forgings (RkForgings)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Wed May 2022||182.20||188.75||198.80||178.90||1.13 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|
|08 Fri Apr 2022||187.60||165.00||189.80||165.00||1.402 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|
|04 Wed May 2022||182.20||188.75||198.80||178.90||0.203 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||12, 32, 45||Sell|
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL 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 187.59 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 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.