(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 2022-09-28 View latest technical analysis
10 day averaged volume of Rk Forgings is 54008
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Sep 2022 | 188.10 | 187.00 | 190.10 | 183.05 | 0.579 times |
| 27 Tue Sep 2022 | 185.95 | 181.65 | 189.65 | 175.80 | 2.896 times |
| 26 Mon Sep 2022 | 176.60 | 182.55 | 185.05 | 175.50 | 1.306 times |
| 23 Fri Sep 2022 | 187.00 | 193.75 | 194.10 | 185.85 | 0.501 times |
| 22 Thu Sep 2022 | 193.90 | 190.00 | 194.80 | 189.85 | 0.894 times |
| 21 Wed Sep 2022 | 190.55 | 202.00 | 203.75 | 188.75 | 1.173 times |
| 20 Tue Sep 2022 | 202.95 | 207.05 | 207.05 | 202.25 | 0.279 times |
| 19 Mon Sep 2022 | 203.35 | 209.35 | 209.35 | 200.05 | 0.522 times |
| 16 Fri Sep 2022 | 206.75 | 208.00 | 212.30 | 202.20 | 0.875 times |
| 15 Thu Sep 2022 | 207.30 | 210.00 | 210.00 | 205.10 | 0.815 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 190.4, but if it comes above 190.4, then a intra day buy could be more profitable.
If you take a sell trade below 190.4, then use 190.4 as stoploss and 179.6 as target. However if you take a buy trade in stock , then use 190.4 as stoploss and 199.37 as target.
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 | 175.50 |
| Downside Target | 181.80 |
| Upside Target | 190.10 |
| Upside Target | 194.90 |
| Upside 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 | 179.03 |
| Downside Intraday Target | 169.97 |
| Upside Intraday Target | 193.63 |
| Upside Intraday Target | 199.17 |
| Downside Intraday Target | 184.57 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Sep 2022 | 188.10 | 182.55 | 190.10 | 175.50 | 1.419 times |
| 23 Fri Sep 2022 | 187.00 | 209.35 | 209.35 | 185.85 | 0.666 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 |
Price has moved up 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 |
| 28 Wed Sep 2022 | 188.10 | 200.00 | 214.15 | 175.50 | 0.876 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 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 | 14, 30, 36 | Sell |
| MACD | -0, 4 | Sell |
| Stochastics | 22 | Sell |
| CCI | -60 | Buy |
| RSI | 49 | Sell |
| OBV | 172833 | Sell |
| VWAP | 191 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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 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 to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Rk Forgings in short term and the sell signal is strong.
Rk Forgings Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rk Forgings in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 191.18 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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