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

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

10 day averaged volume of Lgb Forge is 410246

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 9.85 9.80 10.05 9.75 0.693 times
16 Thu May 2024 9.75 10.65 10.85 9.70 5.237 times
15 Wed May 2024 10.75 10.50 10.95 10.30 1.108 times
14 Tue May 2024 10.35 10.00 10.50 9.85 0.609 times
13 Mon May 2024 9.80 10.05 10.05 9.80 0.292 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.9, but if it comes above 9.9, then a intra day buy could be more profitable.
If you take a sell trade below 9.9, then use 9.9 as stoploss and 9.5 as target. However if you take a buy trade in stock , then use 9.9 as stoploss and 10.17 as target.

Share price targets for Lgb Forge (LGBFORGE)

Target Type Value
Downside Target 8.75
Downside Target 9.40
Downside Target 9.70
Upside Target 10.15
Upside Target 10.50
Upside Target 10.95
Upside Target 11.00
Upside Target 11.45
Upside Target 11.75
Upside Target 13.70
Upside Target 14.75

Intraday share price targets for Lgb Forge (LGBFORGE)

Target Type Value
Downside Intraday Target 9.38
Downside Intraday Target 8.92
Upside Intraday Target 10.63
Upside Intraday Target 11.42
Upside Intraday Target 10.17

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 9.85 10.05 10.95 9.70 3.852 times
10 Fri May 2024 9.95 10.30 10.65 9.40 0.923 times
03 Fri May 2024 10.15 10.50 10.60 9.90 1.447 times
26 Fri Apr 2024 10.40 10.25 11.00 10.15 1.026 times
19 Fri Apr 2024 10.15 10.45 10.50 9.85 0.909 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 Lgb Forge (LGBFORGE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 9.85 10.35 10.95 9.40 1.186 times
30 Tue Apr 2024 10.15 8.80 11.00 8.80 0.665 times
28 Thu Mar 2024 8.90 11.10 11.45 8.75 0.581 times
29 Thu Feb 2024 10.95 12.80 14.75 10.85 1.114 times

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 Lgb Forge (LGBFORGE)

Indicator Name Indicator Value Indicator Signal
ADX 25, 18, 17 Buy
MACD -0, -0Buy
Stochastics 46None
CCI -67Sell
RSI 50Buy
OBV -1282542Sell
VWAP 10Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Lgb Forge in short term but the buy signal is initial and weak.

Lgb Forge 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 SELL signal for Lgb Forge in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Lgb Forge is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.94 and Lgb Forge (LGBFORGE) 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 Lgb Forge (LGBFORGE) stock. Volume based technical analysis of Lgb Forge (LGBFORGE) stock is negative.

Lgb Forge Stock has given negative 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.

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