(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 2022-05-05 View latest technical analysis
10 day averaged volume of Rk Forgings is 61457
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 175.65 | 185.50 | 190.80 | 172.00 | 0.928 times |
| 04 Wed May 2022 | 182.20 | 196.00 | 198.80 | 178.90 | 2.536 times |
| 02 Mon May 2022 | 189.95 | 188.75 | 196.60 | 183.00 | 1.189 times |
| 29 Fri Apr 2022 | 188.75 | 191.25 | 194.90 | 187.90 | 0.569 times |
| 28 Thu Apr 2022 | 190.50 | 192.60 | 193.00 | 189.40 | 0.52 times |
| 27 Wed Apr 2022 | 189.75 | 191.00 | 194.35 | 186.40 | 0.64 times |
| 26 Tue Apr 2022 | 190.45 | 186.80 | 191.90 | 186.80 | 0.797 times |
| 25 Mon Apr 2022 | 184.55 | 191.00 | 191.00 | 183.55 | 0.77 times |
| 22 Fri Apr 2022 | 192.10 | 191.00 | 196.00 | 188.65 | 1.006 times |
| 21 Thu Apr 2022 | 192.20 | 186.65 | 194.50 | 184.00 | 1.274 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 175.4, for a target of 181.1 or 185.79
Share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Target | 156.40 |
| Downside Target | 159.55 |
| Downside Target | 165.00 |
| Downside Target | 172.00 |
| Upside Target | 178.00 |
| Upside Target | 183.25 |
| Upside Target | 189.80 |
| Upside Target | 194.00 |
| 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 | 165.5 |
| Downside Intraday Target | 155.35 |
| Upside Intraday Target | 192.3 |
| Upside Intraday Target | 208.95 |
| Upside Intraday Target | 182.15 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 175.65 | 188.75 | 198.80 | 172.00 | 1.412 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 |
| 05 Thu May 2022 | 175.65 | 188.75 | 198.80 | 172.00 | 0.254 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 | 10, 33, 52 | Sell |
| MACD | -118, -138 | Buy |
| Stochastics | 31 | None |
| CCI | -228 | Sell |
| RSI | 27 | Sell |
| OBV | 227353 | Sell |
| VWAP | 187 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| 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 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 to mid 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 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
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 186.8 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 has given negative 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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