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(Arfin) Arfin complete technical analysis [charts+indicators] | Buy/Sell Arfin | (Arfin) share price targets

Complete technical analysis of Arfin (Arfin) by charts plus indicators, forecast predictions and share price targets for Arfin (Arfin)

Showing technical analysis as on 2023-02-07 View latest technical analysis

10 day averaged volume of Arfin is 22850

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 22.45 22.90 22.90 22.00 1.101 times
06 Mon Feb 2023 22.25 21.75 22.85 21.75 0.597 times
03 Fri Feb 2023 22.60 24.05 24.05 22.10 1.094 times
02 Thu Feb 2023 23.40 22.20 23.50 22.10 0.689 times
01 Wed Feb 2023 22.20 24.10 24.10 21.55 1.843 times
31 Tue Jan 2023 23.00 23.30 23.45 22.70 1.661 times
30 Mon Jan 2023 23.50 23.70 24.45 23.00 1.035 times
27 Fri Jan 2023 23.75 24.00 24.50 23.50 1.49 times
25 Wed Jan 2023 24.15 24.70 24.70 23.30 0.438 times
24 Tue Jan 2023 24.15 24.65 24.70 22.95 0.758 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23, but if it comes above 23, then a intra day buy could be more profitable.
If you take a sell trade below 23, then use 23 as stoploss and 21.8 as target. However if you take a buy trade in stock , then use 23 as stoploss and 23.94 as target.

Share price targets for Arfin (Arfin)

Target Type Value
Downside Target 20.25
Downside Target 21.55
Upside Target 22.70
Upside Target 24.10
Upside Target 24.70
Upside Target 26.00
Upside Target 26.65
Upside Target 28.35
Upside Target 206.65
Upside Target 265.00
Upside Target 270.00

Intraday share price targets for Arfin (Arfin)

Target Type Value
Downside Intraday Target 21.83
Downside Intraday Target 21.22
Upside Intraday Target 22.98
Upside Intraday Target 23.52
Downside Intraday Target 22.37

Weekly technical analysis of Arfin (Arfin)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 22.45 21.75 22.90 21.75 0.269 times
03 Fri Feb 2023 22.60 23.70 24.45 21.55 2.053 times
27 Fri Jan 2023 23.75 24.20 24.70 22.95 0.702 times
20 Fri Jan 2023 24.30 25.30 26.00 24.10 0.896 times
13 Fri Jan 2023 24.85 24.90 26.65 24.10 0.699 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 Arfin (Arfin)

Date Monthly Closing Price Open High Low Volume
07 Tue Feb 2023 22.45 24.10 24.10 21.55 0.241 times
31 Tue Jan 2023 23.00 25.25 26.65 22.70 0.211 times
30 Fri Dec 2022 24.75 24.75 28.35 21.75 1.285 times
30 Wed Nov 2022 23.60 231.00 270.00 20.25 14.546 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 Arfin (Arfin)

Indicator Name Indicator Value Indicator Signal
ADX 9, 22, 44 Sell
MACD -11, -13Buy
Stochastics 28Sell
CCI -88Buy
RSI 44Sell
OBV -102414Sell
VWAP 23Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Arfin ( (Arfin) ) based on a short term time period is

Price action analysis of Arfin ( (Arfin) ) 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 Arfin ( (Arfin) ) 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 Arfin ( (Arfin) ) 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 Arfin stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Arfin 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.

Arfin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Arfin in short term but BUY signal is weak.

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 Arfin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.03 and Arfin (Arfin) 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 Arfin (Arfin) stock. Volume based technical analysis of Arfin (Arfin) stock is negative.

Arfin 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.

Click here for Arfin charts

Click here for further forecast and predictions for tomorrow

Daily charts

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