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(COFORGE) Coforge complete technical analysis [charts+indicators] | Buy/Sell Coforge | (COFORGE) share price targets

Complete technical analysis of Coforge (COFORGE) by charts plus indicators, forecast predictions and share price targets for Coforge (COFORGE)

Showing technical analysis as on 2024-10-22 View latest technical analysis

10 day averaged volume of Coforge is 421830

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	6800.25	6830.25	6924.00	6710.05	1.338 times
21 Mon Oct 2024	6825.25	7210.40	7236.75	6740.65	2.221 times
18 Fri Oct 2024	7210.40	7211.05	7233.95	7130.05	0.692 times
17 Thu Oct 2024	7257.25	7230.00	7280.00	7159.00	0.829 times
16 Wed Oct 2024	7204.25	7440.00	7440.00	7156.75	2.071 times
15 Tue Oct 2024	7469.95	7494.60	7585.00	7436.00	0.541 times
14 Mon Oct 2024	7432.10	7380.40	7460.00	7285.00	0.778 times
11 Fri Oct 2024	7380.60	7225.00	7425.50	7221.10	1.01 times
10 Thu Oct 2024	7281.50	7429.00	7429.00	7263.00	0.457 times
09 Wed Oct 2024	7377.35	7361.00	7417.95	7321.05	0.69 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6939, but if it comes above 6939, then a intra day buy could be more profitable.
If you take a sell trade below 6939, then use 6939 as stoploss and 6697.2 as target. However if you take a buy trade in stock , then use 6939 as stoploss and 7140.6 as target.

Share price targets for Coforge (COFORGE)

Target Type	Value
Downside Target	4722.95
Downside Target	5425.75
Downside Target	5548.00
Downside Target	5749.00
Downside Target	6222.70
Downside Target	6387.90
Downside Target	6710.05
Upside Target	7075.05
Upside Target	7149.00
Upside Target	7236.75
Upside Target	7247.45
Upside Target	7429.00
Upside Target	7585.00

Intraday share price targets for Coforge (COFORGE)

Target Type	Value
Downside Intraday Target	6594.62
Downside Intraday Target	6388.98
Upside Intraday Target	7121.32
Upside Intraday Target	7442.38
Upside Intraday Target	6915.68

Weekly technical analysis of Coforge (COFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	6800.25	7210.40	7236.75	6710.05	0.725 times
18 Fri Oct 2024	7210.40	7380.40	7585.00	7130.05	1.105 times
11 Fri Oct 2024	7380.60	7194.45	7429.00	7075.05	1.026 times
04 Fri Oct 2024	7125.55	6936.50	7247.45	6874.95	0.861 times
27 Fri Sep 2024	6935.35	6970.00	7149.00	6786.85	1.047 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 Coforge (COFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	6800.25	7000.00	7585.00	6710.05	0.7 times
30 Mon Sep 2024	7016.45	6345.00	7149.00	6222.70	1.466 times
30 Fri Aug 2024	6344.05	6342.45	6387.90	5749.00	0.465 times
31 Wed Jul 2024	6305.50	5455.00	6425.00	5425.75	1.358 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 Coforge (COFORGE)

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

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

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

CCI has generated a SELL signal for Coforge 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 positive zone. This is a BUY zone

Stock of Coforge is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7140.23 and Coforge (COFORGE) 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 Coforge (COFORGE) stock. Volume based technical analysis of Coforge (COFORGE) stock is negative.

Coforge 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.