(BALUFORGE) Balu Forge complete technical analysis [charts+indicators] | Buy/Sell Balu Forge | (BALUFORGE) share price targets
Complete technical analysis of Balu Forge (BALUFORGE) by charts plus indicators, forecast predictions and share price targets for Balu Forge (BALUFORGE)
10 day averaged volume of Balu Forge is 720977
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 312.85 | 309.85 | 315.50 | 309.00 | 0.641 times |
| 16 Thu May 2024 | 310.25 | 310.85 | 316.50 | 305.70 | 0.874 times |
| 15 Wed May 2024 | 307.85 | 310.00 | 317.70 | 292.15 | 1.812 times |
| 14 Tue May 2024 | 303.80 | 304.00 | 308.50 | 295.05 | 0.809 times |
| 13 Mon May 2024 | 302.40 | 300.00 | 308.30 | 286.70 | 1.936 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 0, for a target of 0 or
Share price targets for Balu Forge (BALUFORGE)
| Target Type | Value |
| Downside Target | 268.00 |
| Downside Target | 286.70 |
| Downside Target | 306.00 |
| Downside Target | 308.90 |
| Upside Target | 317.70 |
Intraday share price targets for Balu Forge (BALUFORGE)
| Target Type | Value |
| Downside Intraday Target | 293.8 |
| Downside Intraday Target | 274.75 |
| Upside Intraday Target | 324.8 |
| Upside Intraday Target | 336.75 |
| Downside Intraday Target | 305.75 |
Weekly technical analysis of Balu Forge (BALUFORGE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 312.85 | 300.00 | 317.70 | 286.70 | 1.546 times |
| 10 Fri May 2024 | 297.95 | 290.00 | 306.00 | 268.00 | 1.239 times |
| 03 Fri May 2024 | 282.60 | 306.00 | 308.90 | 270.20 | 0 times |
| 01 Thu Jan 1970 | 0 times | ||||
| 01 Thu Jan 1970 | 0 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Balu Forge (BALUFORGE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 312.85 | 279.00 | 317.70 | 268.00 | 6.139 times |
| 30 Tue Apr 2024 | 276.60 | 306.00 | 308.90 | 270.20 | 0 times |
| 01 Thu Jan 1970 | 0 times | ||||
| 01 Thu Jan 1970 | 0 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Balu Forge (BALUFORGE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 6, 48 | Buy |
| MACD | 196, 28 | Buy |
| Stochastics | 85 | Buy |
| CCI | 103 | Buy |
| RSI | 69 | Buy |
| OBV | 6194153 | Sell |
| VWAP | 299 | Buy |
| ADL | 0 | Sell |
| ROC | 11 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Balu Forge ( (BALUFORGE) ) 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 Balu Forge ( (BALUFORGE) ) 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 Balu Forge ( (BALUFORGE) ) based on a short to mid term time period is
Price action analysis of Balu Forge ( (BALUFORGE) ) based on a mid to longer term time period is
ADX buy sell signal for Balu Forge stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Balu Forge 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.
Balu Forge 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Balu Forge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Balu Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 298.7 and Balu Forge (BALUFORGE) 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 Balu Forge (BALUFORGE) stock. Volume based technical analysis of Balu Forge (BALUFORGE) stock is negative.
Balu Forge Stock is giving positive 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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