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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 2025-02-19 View latest technical analysis

10 day averaged volume of Balu Forge is 1163519

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	550.25	493.85	562.80	483.05	1.04 times
18 Tue Feb 2025	498.05	540.00	541.00	467.00	1.526 times
17 Mon Feb 2025	530.85	529.00	551.00	514.00	0.612 times
14 Fri Feb 2025	538.85	593.90	597.40	529.90	0.805 times
13 Thu Feb 2025	590.75	593.90	618.50	585.85	0.66 times
12 Wed Feb 2025	593.85	602.80	606.30	558.35	0.68 times
11 Tue Feb 2025	606.65	645.40	645.40	600.15	0.437 times
10 Mon Feb 2025	641.90	671.20	679.00	622.50	1.012 times
07 Fri Feb 2025	653.65	645.10	668.00	631.70	2.755 times
06 Thu Feb 2025	643.55	625.00	657.00	616.30	0.803 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 549.7 as stoploss in an intra day buy trade for a target of 592.39. However, stock will show a bearish move below 549.7.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	467.00
Downside Target	512.85
Downside Target	529.90
Upside Target	562.80
Upside Target	591.00
Upside Target	621.80
Upside Target	668.00
Upside Target	711.30
Upside Target	716.00
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	490.57
Downside Intraday Target	430.88
Upside Intraday Target	586.37
Upside Intraday Target	622.48
Downside Intraday Target	526.68

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	550.25	529.00	562.80	467.00	0.884 times
14 Fri Feb 2025	538.85	671.20	679.00	529.90	0.7 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

Price has moved up 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
19 Wed Feb 2025	550.25	609.00	679.00	467.00	1.313 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 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 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 losing momentum.

MACD generated a SELL signal for Balu Forge in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Balu Forge in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 592.15 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.