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(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 2023-05-18 View latest technical analysis

10 day averaged volume of Coforge is 5276

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu May 2023	4205.40	4217.00	4255.15	4191.25	0.762 times
17 Wed May 2023	4213.95	4190.05	4220.00	4134.20	0.967 times
16 Tue May 2023	4203.75	4132.00	4251.80	4128.05	2.607 times
15 Mon May 2023	4131.40	4084.50	4142.95	4060.15	0.277 times
12 Fri May 2023	4084.50	4124.80	4160.20	4079.00	0.966 times
11 Thu May 2023	4124.85	4189.95	4189.95	4118.00	0.491 times
10 Wed May 2023	4124.90	4148.95	4148.95	4102.00	0.84 times
09 Tue May 2023	4125.85	4139.95	4172.75	4092.30	1.145 times
08 Mon May 2023	4114.85	4101.15	4126.00	4100.15	0.368 times
05 Fri May 2023	4113.05	4090.05	4125.00	4065.50	1.678 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4189.9, but if it comes below 4189.9, then a intra day sell could be more profitable.
If you take a sell trade below 4189.9, then use 4189.9 as stoploss and 4070.91 as target. However if you take a buy trade in stock , then use 4189.9 as stoploss and 4332.7 as target.

Share price targets for Coforge (Coforge)

Target Type	Value
Downside Target	3565.20
Downside Target	3753.85
Downside Target	4000.40
Downside Target	4189.95
Upside Target	4208.35
Upside Target	4219.10
Upside Target	4255.15
Upside Target	4363.80
Upside Target	4459.10
Upside Target	4512.70

Intraday share price targets for Coforge (Coforge)

Target Type	Value
Downside Intraday Target	4091.98
Downside Intraday Target	3978.57
Upside Intraday Target	4286.98
Upside Intraday Target	4368.57
Downside Intraday Target	4173.57

Weekly technical analysis of Coforge (Coforge)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu May 2023	4205.40	4084.50	4255.15	4060.15	1.211 times
12 Fri May 2023	4084.50	4101.15	4189.95	4079.00	0.009 times
05 Fri May 2023	4113.05	4174.95	4208.35	4055.30	28.759 times
28 Fri Apr 2023	4183.15	3832.05	4219.10	3781.05	0.747 times
21 Fri Apr 2023	3827.65	3900.00	4057.30	3753.85	4.192 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
18 Thu May 2023	4205.40	4174.95	4255.15	4055.30	9.433 times
28 Fri Apr 2023	4183.15	3840.00	4219.10	3753.85	1.333 times
31 Fri Mar 2023	3817.30	4251.20	4363.80	3565.20	0.329 times
28 Tue Feb 2023	4298.55	4400.00	4512.70	4000.40	2.097 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Coforge (Coforge)

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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Coforge stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Coforge in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Coforge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Coforge in short term and BUY signal is strong.

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 4153.93 and Coforge (Coforge) 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 Coforge (Coforge) stock. Volume based technical analysis of Coforge (Coforge) stock is negative.

Coforge 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.