(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)
Showing technical analysis as on 2022-05-06 View latest technical analysis
10 day averaged volume of Coforge is 10881
|Date||Daily Closing Price||Open||High||Low||Volume|
|06 Fri May 2022||3906.90||4006.00||4050.90||3591.05||6.334 times|
|05 Thu May 2022||4172.30||4075.00||4212.00||4070.00||0.487 times|
|04 Wed May 2022||4052.65||4128.00||4182.65||4029.95||4.726 times|
|02 Mon May 2022||4121.05||4140.00||4165.75||4064.15||0.597 times|
|29 Fri Apr 2022||4197.25||4150.00||4245.70||4120.90||0.633 times|
|28 Thu Apr 2022||4100.40||4070.00||4139.20||4020.05||0.962 times|
|27 Wed Apr 2022||4034.25||4015.00||4049.15||3963.00||0.718 times|
|26 Tue Apr 2022||4041.30||4069.00||4069.00||4001.45||0.187 times|
|25 Mon Apr 2022||4001.45||4124.00||4124.00||3995.00||0.396 times|
|22 Fri Apr 2022||4125.20||4056.00||4149.40||4006.10||0.793 times|
Stock of Coforge (Coforge) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3994.7, but if it comes above 3994.7, then a intra day buy could be more profitable.
If you take a sell trade below 3994.7, then use 3994.7 as stoploss and 3822.5 as target. However if you take a buy trade in stock , then use 3994.7 as stoploss and 4138.21 as target.
Share price targets for Coforge (Coforge)
Intraday share price targets for Coforge (Coforge)
|Downside Intraday Target||3594.63|
|Downside Intraday Target||3282.37|
|Upside Intraday Target||4215.58|
|Upside Intraday Target||4524.27|
|Downside Intraday Target||3903.32|
Weekly technical analysis of Coforge (Coforge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|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|
|13 Wed Apr 2022||4159.95||4370.05||4378.75||4109.80||0.792 times|
|08 Fri Apr 2022||4373.35||4499.00||4604.45||4362.20||0.751 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Coforge (Coforge)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|06 Fri May 2022||3906.90||4140.00||4212.00||3591.05||0.727 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, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Coforge (Coforge)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||12, 41, 53||Sell|
Price action analysis of Coforge ( (Coforge) ) 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 Coforge ( (Coforge) ) 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 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 gaining momentum.
MACD generated a BUY signal for Coforge in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Coforge 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 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 4010.67 and Coforge (Coforge) 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 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.