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(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 2025-02-12 View latest technical analysis

10 day averaged volume of Balu Forge is 1038310

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	593.85	602.80	606.30	558.35	0.761 times
11 Tue Feb 2025	606.65	645.40	645.40	600.15	0.489 times
10 Mon Feb 2025	641.90	671.20	679.00	622.50	1.134 times
07 Fri Feb 2025	653.65	645.10	668.00	631.70	3.087 times
06 Thu Feb 2025	643.55	625.00	657.00	616.30	0.9 times
05 Wed Feb 2025	627.65	617.90	655.95	617.00	0.795 times
04 Tue Feb 2025	613.45	606.00	616.90	600.00	0.493 times
03 Mon Feb 2025	594.45	609.00	623.75	591.00	0.481 times
31 Fri Jan 2025	607.90	568.00	617.60	564.80	0.822 times
30 Thu Jan 2025	562.35	602.65	602.65	557.35	0.768 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 583.8 as stoploss in an intra day buy trade for a target of 630.14. However, stock will show a bearish move below 583.8.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	512.85
Downside Target	558.35
Downside Target	591.00
Upside Target	621.80
Upside Target	668.00
Upside Target	711.30
Upside Target	716.00
Upside Target	727.10
Upside Target	732.50
Upside Target	817.90
Upside Target	821.00
Upside Target	867.70
Upside Target	873.90

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	541.8
Downside Intraday Target	489.75
Upside Intraday Target	662.45
Upside Intraday Target	731.05
Upside Intraday Target	610.4

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	593.85	671.20	679.00	558.35	0.414 times
07 Fri Feb 2025	653.65	609.00	668.00	591.00	1.341 times
31 Fri Jan 2025	607.90	625.70	625.70	512.85	2.267 times
24 Fri Jan 2025	625.65	709.60	716.00	621.80	1.009 times
17 Fri Jan 2025	705.95	685.20	727.10	631.60	1.343 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
12 Wed Feb 2025	593.85	609.00	679.00	558.35	0.801 times
31 Fri Jan 2025	607.90	791.00	817.90	512.85	0.771 times
31 Tue Dec 2024	791.20	744.25	867.70	732.50	1.686 times
29 Fri Nov 2024	744.25	756.50	821.00	711.30	0.595 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 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 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 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 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 BUY signal for Balu Forge in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term but selling 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 626.15 and Balu Forge (BALUFORGE) stock is trading below this level. This means that stock is falling with high volumes. 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 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.