(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 2022-11-15 View latest technical analysis
10 day averaged volume of Rk Forgings is 96689
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 231.20 | 239.60 | 239.60 | 230.00 | 0.536 times |
| 14 Mon Nov 2022 | 237.95 | 241.90 | 244.10 | 235.00 | 0.959 times |
| 11 Fri Nov 2022 | 241.90 | 240.00 | 244.40 | 239.10 | 0.854 times |
| 10 Thu Nov 2022 | 239.05 | 236.00 | 239.75 | 232.30 | 0.531 times |
| 09 Wed Nov 2022 | 237.90 | 237.20 | 244.30 | 235.60 | 3.588 times |
| 07 Mon Nov 2022 | 237.90 | 240.60 | 240.85 | 235.85 | 0.522 times |
| 04 Fri Nov 2022 | 237.35 | 233.15 | 238.20 | 232.75 | 0.316 times |
| 03 Thu Nov 2022 | 231.45 | 232.20 | 239.55 | 230.20 | 0.478 times |
| 02 Wed Nov 2022 | 236.25 | 235.55 | 239.60 | 234.20 | 0.732 times |
| 01 Tue Nov 2022 | 235.95 | 231.75 | 237.90 | 228.30 | 0.546 times |
My analysis of stock is bearish for shortterm, and stock might move down till 226.8 or till 220.2. Use a stoploss of 232.24 and if the stock hits stoploss, then it can shoot up till 237.7
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 | 226.1 |
| Downside Intraday Target | 221 |
| Upside Intraday Target | 240.2 |
| Upside Intraday Target | 249.2 |
| Upside Intraday Target | 235.1 |
Weekly technical analysis of Rk Forgings (RkForgings)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 231.20 | 241.90 | 244.10 | 230.00 | 0.272 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 |
| 15 Tue Nov 2022 | 231.20 | 231.75 | 244.40 | 228.30 | 0.558 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 | 22, 22, 0 | Buy |
| MACD | 15, 16 | Sell |
| Stochastics | 59 | None |
| CCI | -106 | Sell |
| RSI | 46 | Sell |
| OBV | 856234 | Sell |
| VWAP | 237 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| 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 in or below 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 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 237.34 and Rk Forgings (RkForgings) stock is trading below this level. This means that stock is falling with high volumes. 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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