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 2024-11-27 View latest technical analysis

10 day averaged volume of Balu Forge is 455227

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	732.85	734.00	736.70	726.40	0.478 times
26 Tue Nov 2024	734.55	734.60	749.00	731.90	0.552 times
25 Mon Nov 2024	741.05	748.05	763.85	726.60	2.698 times
22 Fri Nov 2024	744.30	763.00	763.00	732.00	0.838 times
21 Thu Nov 2024	759.90	747.05	764.95	714.00	1.295 times
19 Tue Nov 2024	748.50	751.45	768.30	745.00	0.514 times
18 Mon Nov 2024	747.90	752.00	769.00	738.30	0.738 times
14 Thu Nov 2024	750.00	718.95	755.00	717.95	1.11 times
13 Wed Nov 2024	716.00	752.00	757.60	711.30	0.898 times
12 Tue Nov 2024	756.50	774.40	787.00	749.00	0.734 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 729.9 as stoploss in an intra day buy trade for a target of 751.57. However, stock will show a bearish move below 729.9.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	322.35
Downside Target	460.00
Downside Target	534.00
Downside Target	669.50
Downside Target	697.40
Upside Target	763.85
Upside Target	774.00
Upside Target	789.05
Upside Target	821.00
Upside Target	849.70
Upside Target	873.90
Upside Target	886.95

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	718.22
Downside Intraday Target	703.58
Upside Intraday Target	755.67
Upside Intraday Target	778.48
Upside Intraday Target	741.03

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	732.85	748.05	763.85	726.40	1.101 times
22 Fri Nov 2024	744.30	752.00	769.00	714.00	1.006 times
14 Thu Nov 2024	750.00	789.05	789.05	711.30	0.606 times
08 Fri Nov 2024	793.50	757.80	821.00	718.90	1.499 times
01 Fri Nov 2024	759.25	703.90	774.00	697.40	0.38 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
27 Wed Nov 2024	732.85	756.50	821.00	711.30	0.545 times
31 Thu Oct 2024	750.30	781.95	873.90	669.50	0.642 times
30 Mon Sep 2024	779.15	754.40	886.95	721.10	0.68 times
30 Fri Aug 2024	750.60	510.00	849.70	460.00	0.999 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 Balu Forge (BALUFORGE)

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Balu Forge ( (BALUFORGE) ) based on a short to mid 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 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 Balu Forge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Balu Forge 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 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 and the buying is gaining 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 743.82 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.