(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 2022-11-14 View latest technical analysis
10 day averaged volume of Rk Forgings is 90764
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 237.95 | 241.90 | 244.10 | 235.00 | 1.022 times |
| 11 Fri Nov 2022 | 241.90 | 240.00 | 244.40 | 239.10 | 0.91 times |
| 10 Thu Nov 2022 | 239.05 | 236.00 | 239.75 | 232.30 | 0.565 times |
| 09 Wed Nov 2022 | 237.90 | 237.20 | 244.30 | 235.60 | 3.823 times |
| 07 Mon Nov 2022 | 237.90 | 240.60 | 240.85 | 235.85 | 0.556 times |
| 04 Fri Nov 2022 | 237.35 | 233.15 | 238.20 | 232.75 | 0.337 times |
| 03 Thu Nov 2022 | 231.45 | 232.20 | 239.55 | 230.20 | 0.509 times |
| 02 Wed Nov 2022 | 236.25 | 235.55 | 239.60 | 234.20 | 0.779 times |
| 01 Tue Nov 2022 | 235.95 | 231.75 | 237.90 | 228.30 | 0.581 times |
| 31 Mon Oct 2022 | 229.30 | 223.15 | 235.60 | 223.15 | 1.57 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 238.4 as stoploss in an intra day sell trade for a target of 231.22. However, stock will show a bullish move above 238.4.
Share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Target | 154.20 |
| Downside Target | 175.50 |
| Downside Target | 183.90 |
| Downside Target | 194.65 |
| Downside Target | 206.75 |
| Downside Target | 214.15 |
| Downside Target | 221.00 |
| Upside Target | 238.00 |
| Upside Target | 239.60 |
| Upside Target | 244.10 |
| Upside Target | 244.40 |
Intraday share price targets for Rk Forgings (RkForgings)
| Target Type | Value |
| Downside Intraday Target | 233.93 |
| Downside Intraday Target | 229.92 |
| Upside Intraday Target | 243.03 |
| Upside Intraday Target | 248.12 |
| Upside Intraday Target | 239.02 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 237.95 | 241.90 | 244.10 | 235.00 | 0.175 times |
| 11 Fri Nov 2022 | 241.90 | 240.60 | 244.40 | 232.30 | 1.55 times |
| 04 Fri Nov 2022 | 237.35 | 223.15 | 239.60 | 223.15 | 2.061 times |
| 28 Fri Oct 2022 | 223.10 | 235.75 | 238.00 | 221.00 | 0.41 times |
| 21 Fri Oct 2022 | 228.90 | 233.00 | 236.65 | 223.90 | 0.687 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 |
| 14 Mon Nov 2022 | 237.95 | 231.75 | 244.40 | 228.30 | 0.525 times |
| 31 Mon Oct 2022 | 229.30 | 194.65 | 238.00 | 194.65 | 1.121 times |
| 30 Fri Sep 2022 | 198.75 | 200.00 | 214.15 | 175.50 | 1.014 times |
| 30 Tue Aug 2022 | 200.65 | 184.90 | 206.75 | 176.60 | 2.425 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 | 25, 18, 16 | Buy |
| MACD | 16, 16 | Sell |
| Stochastics | 79 | Buy |
| CCI | 65 | Sell |
| RSI | 48 | Sell |
| OBV | 830039 | Sell |
| VWAP | 236 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 236.49 and Rk Forgings (RkForgings) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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