Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2024-09-16 View latest technical analysis

10 day averaged volume of Balu Forge is 867739

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	764.05	800.95	801.00	759.95	1.162 times
13 Fri Sep 2024	802.30	792.80	823.00	772.70	1.051 times
12 Thu Sep 2024	789.50	827.70	831.55	782.95	0.934 times
11 Wed Sep 2024	819.70	839.75	851.45	815.10	0.685 times
10 Tue Sep 2024	839.75	860.00	866.50	830.00	0.861 times
09 Mon Sep 2024	854.35	771.20	866.35	770.00	3.366 times
06 Fri Sep 2024	770.25	790.00	796.75	764.00	0.391 times
05 Thu Sep 2024	786.15	775.15	796.80	775.00	0.572 times
04 Wed Sep 2024	768.70	766.90	784.40	750.00	0.596 times
03 Tue Sep 2024	778.60	776.00	782.00	756.10	0.649 times

My analysis of stock is bullish for shortterm, and stock might move up till 824.7 or till 902.1. Use a stoploss of 760.1 and if this stock hits its stoploss, then it can fall down till 695.55

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	222.85
Downside Target	268.00
Downside Target	322.35
Downside Target	351.80
Downside Target	460.00
Downside Target	534.00
Downside Target	564.65
Downside Target	725.00
Downside Target	750.00
Upside Target	798.80
Upside Target	801.00
Upside Target	849.70
Upside Target	866.50

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	749
Downside Intraday Target	733.95
Upside Intraday Target	790.05
Upside Intraday Target	816.05
Upside Intraday Target	775

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	764.05	800.95	801.00	759.95	0.168 times
13 Fri Sep 2024	802.30	771.20	866.50	770.00	2.223 times
06 Fri Sep 2024	770.25	754.40	798.80	750.00	0.35 times
30 Fri Aug 2024	750.60	795.00	849.70	725.00	0.888 times
23 Fri Aug 2024	774.30	575.00	777.95	564.65	2.528 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 Balu Forge (BALUFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	764.05	754.40	866.50	750.00	0.31 times
30 Fri Aug 2024	750.60	510.00	849.70	460.00	0.999 times
31 Wed Jul 2024	511.55	327.60	534.00	322.35	2.646 times
28 Fri Jun 2024	324.15	300.00	351.80	222.85	1.008 times

Scroll below to view daily charts

Price has moved up 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 Balu Forge (BALUFORGE)

Price action analysis of Balu Forge ( (BALUFORGE) ) 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 Balu Forge ( (BALUFORGE) ) 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 Balu Forge ( (BALUFORGE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Balu Forge ( (BALUFORGE) ) based on a mid to longer 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.

ADX buy sell signal for Balu Forge stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Balu Forge in short term but the sell signal is initial and weak.

Balu 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Balu 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 Balu 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 812.6 and Balu Forge (BALUFORGE) 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 Balu Forge (BALUFORGE) stock. Volume based technical analysis of Balu Forge (BALUFORGE) stock is negative.

Balu 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.