(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 2022-11-28 View latest technical analysis
10 day averaged volume of Rk Forgings is 45244
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Mon Nov 2022||227.50||216.30||228.80||216.30||0.402 times|
|25 Fri Nov 2022||220.65||220.85||223.45||219.75||0.252 times|
|24 Thu Nov 2022||219.35||220.10||222.50||218.00||0.314 times|
|23 Wed Nov 2022||219.90||217.00||226.85||217.00||0.99 times|
|22 Tue Nov 2022||219.00||222.35||228.25||217.65||0.899 times|
|21 Mon Nov 2022||221.45||226.35||226.50||220.55||0.495 times|
|18 Fri Nov 2022||226.85||231.25||231.25||223.95||0.386 times|
|17 Thu Nov 2022||229.85||228.35||231.05||228.00||0.453 times|
|16 Wed Nov 2022||228.35||230.75||235.70||227.00||3.015 times|
|15 Tue Nov 2022||231.20||239.60||239.60||230.00||1.146 times|
My analysis of stock is bearish for shortterm, and stock might move down till 223.2 or till 214.5. Use a stoploss of 230.46 and if the stock hits stoploss, then it can shoot up till 237.73
Share price targets for Rk Forgings (RkForgings)
Intraday share price targets for Rk Forgings (RkForgings)
|Downside Intraday Target||219.6|
|Downside Intraday Target||211.7|
|Upside Intraday Target||232.1|
|Upside Intraday Target||236.7|
|Downside Intraday Target||224.2|
Weekly technical analysis of Rk Forgings (RkForgings)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Mon Nov 2022||227.50||216.30||228.80||216.30||0.136 times|
|25 Fri Nov 2022||220.65||226.35||228.25||217.00||0.419 times|
|18 Fri Nov 2022||226.85||241.90||244.10||223.95||0.6 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|
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 Mon Nov 2022||227.50||231.75||244.40||216.30||0.766 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 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||17, 19, 5||Sell|
Price action analysis of Rk Forgings ( (RkForgings) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green 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 but selling 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 225.72 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 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.