(Coforge) Coforge complete technical analysis [charts+indicators] | Buy/Sell Coforge | (Coforge) share price targets
Complete technical analysis of Coforge (Coforge) by charts plus indicators, forecast predictions and share price targets for Coforge (Coforge)
10 day averaged volume of Coforge is 21547
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 3787.40 | 3775.00 | 3799.80 | 3675.40 | 0.477 times |
| 19 Thu May 2022 | 3665.20 | 3776.00 | 3844.65 | 3629.30 | 1.027 times |
| 18 Wed May 2022 | 3952.20 | 3975.00 | 4069.60 | 3915.05 | 0.61 times |
| 17 Tue May 2022 | 3940.70 | 3876.35 | 3965.00 | 3813.00 | 0.343 times |
| 16 Mon May 2022 | 3794.70 | 3736.00 | 3877.15 | 3736.00 | 0.533 times |
| 13 Fri May 2022 | 3744.25 | 3710.00 | 3799.00 | 3659.80 | 0.771 times |
| 12 Thu May 2022 | 3656.55 | 3700.00 | 3734.65 | 3550.45 | 0.681 times |
| 11 Wed May 2022 | 3719.20 | 3685.80 | 3766.65 | 3594.10 | 0.986 times |
| 10 Tue May 2022 | 3650.65 | 3875.00 | 3902.40 | 3631.70 | 0.622 times |
| 09 Mon May 2022 | 3853.35 | 3868.85 | 3927.20 | 3767.80 | 1.227 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3749.2 as stoploss in an intra day buy trade for a target of 3925.85. However, stock will show a bearish move below 3749.2.
Share price targets for Coforge (Coforge)
| Target Type | Value |
| Downside Target | 3550.45 |
| Upside Target | 3927.20 |
| Upside Target | 4069.60 |
| Upside Target | 4212.00 |
| Upside Target | 4245.70 |
| Upside Target | 4375.50 |
| Upside Target | 4604.45 |
| Upside Target | 4870.00 |
| Upside Target | 4946.85 |
| Upside Target | 6133.00 |
Intraday share price targets for Coforge (Coforge)
| Target Type | Value |
| Downside Intraday Target | 3587.93 |
| Downside Intraday Target | 3388.47 |
| Upside Intraday Target | 4028.23 |
| Upside Intraday Target | 4269.07 |
| Upside Intraday Target | 3828.77 |
Weekly technical analysis of Coforge (Coforge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 3787.40 | 3736.00 | 4069.60 | 3629.30 | 0.697 times |
| 13 Fri May 2022 | 3744.25 | 3868.85 | 3927.20 | 3550.45 | 0.699 times |
| 06 Fri May 2022 | 3906.90 | 4140.00 | 4212.00 | 3591.05 | 4.194 times |
| 29 Fri Apr 2022 | 4197.25 | 4124.00 | 4245.70 | 3963.00 | 0.672 times |
| 22 Fri Apr 2022 | 4125.20 | 4109.00 | 4166.00 | 3938.75 | 1.181 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 Coforge (Coforge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 3787.40 | 4140.00 | 4212.00 | 3550.45 | 1.589 times |
| 29 Fri Apr 2022 | 4197.25 | 4460.00 | 4604.45 | 3938.75 | 0.025 times |
| 31 Thu Mar 2022 | 4453.75 | 4524.00 | 4870.00 | 4085.00 | 26.88 times |
| 28 Mon Feb 2022 | 4538.80 | 4925.00 | 4946.85 | 4186.50 | 0.758 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Coforge (Coforge)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 33, 32 | Sell |
| MACD | -255, -262 | Buy |
| Stochastics | 43 | None |
| CCI | -21 | Buy |
| RSI | 40 | Sell |
| OBV | -96634 | Sell |
| VWAP | 3765 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Coforge ( (Coforge) ) based on a short term time period is
Price action analysis of Coforge ( (Coforge) ) based on a short 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 Coforge ( (Coforge) ) 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 Coforge ( (Coforge) ) based on a mid to longer 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.
ADX buy sell signal for Coforge stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Coforge in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Coforge 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Coforge 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Coforge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3765.12 and Coforge (Coforge) 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 Coforge (Coforge) stock. Volume based technical analysis of Coforge (Coforge) stock is negative.
Coforge Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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