(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 2022-09-19 View latest technical analysis
10 day averaged volume of Rk Forgings is 56245
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Sep 2022 | 203.35 | 209.35 | 209.35 | 200.05 | 0.502 times |
| 16 Fri Sep 2022 | 206.75 | 208.00 | 212.30 | 202.20 | 0.84 times |
| 15 Thu Sep 2022 | 207.30 | 210.00 | 210.00 | 205.10 | 0.782 times |
| 14 Wed Sep 2022 | 207.60 | 200.00 | 210.70 | 200.00 | 0.709 times |
| 13 Tue Sep 2022 | 207.95 | 207.40 | 209.35 | 205.90 | 1.071 times |
| 12 Mon Sep 2022 | 207.35 | 206.00 | 210.95 | 203.40 | 1.452 times |
| 09 Fri Sep 2022 | 203.15 | 203.80 | 205.70 | 199.60 | 0.759 times |
| 08 Thu Sep 2022 | 203.65 | 207.00 | 210.75 | 200.25 | 1.455 times |
| 07 Wed Sep 2022 | 198.50 | 196.00 | 200.65 | 194.90 | 0.879 times |
| 06 Tue Sep 2022 | 197.80 | 204.75 | 208.15 | 195.10 | 0.771 times |
My analysis of stock is bullish for shortterm, and stock might move up till 208.2 or till 219. Use a stoploss of 199.27 and if this stock hits its stoploss, then it can fall down till 190.3
Share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Target | 145.50 |
| Downside Target | 150.95 |
| Downside Target | 154.20 |
| Downside Target | 169.55 |
| Downside Target | 176.60 |
| Downside Target | 181.05 |
| Downside Target | 194.00 |
| Downside Target | 198.80 |
| Upside Target | 206.75 |
| Upside Target | 209.35 |
| Upside Target | 212.00 |
| Upside Target | 212.30 |
| Upside Target | 214.15 |
Intraday share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Intraday Target | 199.15 |
| Downside Intraday Target | 194.95 |
| Upside Intraday Target | 208.45 |
| Upside Intraday Target | 213.55 |
| Upside Intraday Target | 204.25 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Sep 2022 | 203.35 | 209.35 | 209.35 | 200.05 | 0.103 times |
| 16 Fri Sep 2022 | 206.75 | 206.00 | 212.30 | 200.00 | 0.944 times |
| 09 Fri Sep 2022 | 203.15 | 211.95 | 214.15 | 194.90 | 0.806 times |
| 02 Fri Sep 2022 | 206.35 | 185.00 | 212.00 | 181.80 | 2.426 times |
| 26 Fri Aug 2022 | 191.10 | 186.65 | 194.00 | 181.05 | 1.375 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 |
| 19 Mon Sep 2022 | 203.35 | 200.00 | 214.15 | 194.90 | 0.577 times |
| 30 Tue Aug 2022 | 200.65 | 184.90 | 206.75 | 176.60 | 2.425 times |
| 29 Fri 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 | 0.568 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 | 19, 18, 5 | Buy |
| MACD | 11, 11 | Sell |
| Stochastics | 58 | None |
| CCI | -9 | Sell |
| RSI | 64 | Buy |
| OBV | 215274 | Sell |
| VWAP | 205 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Rk Forgings in short term but the sell signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 204.59 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 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.
Click here for Rk Forgings charts
Click here for further forecast and predictions for tomorrow