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(FORCEMOT) Force Motors complete technical analysis [charts+indicators] | Buy/Sell Force Motors | (FORCEMOT) share price targets

Complete technical analysis of Force Motors (FORCEMOT) by charts plus indicators, forecast predictions and share price targets for Force Motors (FORCEMOT)

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Force Motors is 21830

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	8281.10	8095.00	8369.00	7945.35	2.021 times
28 Tue May 2024	8123.05	8357.85	8435.00	8050.00	1.007 times
27 Mon May 2024	8357.85	8554.70	8554.75	8330.00	0.778 times
24 Fri May 2024	8508.05	8586.30	8661.35	8480.00	0.714 times
23 Thu May 2024	8570.10	8569.95	8840.00	8492.10	1.39 times
22 Wed May 2024	8509.45	8728.00	8749.95	8496.05	1.125 times
21 Tue May 2024	8698.05	8987.50	8987.50	8574.75	1.368 times
18 Sat May 2024	8898.30	8862.50	9030.00	8461.00	0.469 times
17 Fri May 2024	8862.50	9018.95	9044.10	8848.00	1.298 times
16 Thu May 2024	8986.85	9218.20	9241.05	8900.00	0.973 times

Stock of Force Motors (FORCEMOT) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8487.6, but if it comes above 8487.6, then a intra day buy could be more profitable.
If you take a sell trade below 8487.6, then use 8487.6 as stoploss and 7955.5 as target. However if you take a buy trade in stock , then use 8487.6 as stoploss and 8931.04 as target.

Share price targets for Force Motors (FORCEMOT)

Target Type	Value
Downside Target	3352.35
Downside Target	4173.00
Downside Target	5822.95
Downside Target	6810.00
Downside Target	7300.00
Downside Target	7945.35
Upside Target	8461.00
Upside Target	8852.10
Upside Target	9022.60
Upside Target	9369.00
Upside Target	9880.00
Upside Target	10277.85

Intraday share price targets for Force Motors (FORCEMOT)

Target Type	Value
Downside Intraday Target	7966.05
Downside Intraday Target	7651
Upside Intraday Target	8575.45
Upside Intraday Target	8869.8
Downside Intraday Target	8260.4

Weekly technical analysis of Force Motors (FORCEMOT)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	8281.10	8554.70	8554.75	7945.35	0.828 times
24 Fri May 2024	8508.05	8987.50	8987.50	8480.00	0.645 times
18 Sat May 2024	8898.30	9088.50	9369.00	8461.00	0.572 times
10 Fri May 2024	9086.05	9700.00	9880.00	8852.10	0.729 times
03 Fri May 2024	9502.05	10100.00	10277.85	9022.60	0.605 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 Force Motors (FORCEMOT)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	8281.10	9579.00	9880.00	7945.35	0.311 times
30 Tue Apr 2024	9522.05	7309.20	10277.85	7300.00	1.52 times
28 Thu Mar 2024	7244.00	6870.00	7390.00	5822.95	0.966 times
29 Thu Feb 2024	6748.65	4400.00	6810.00	4250.10	3.069 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 Force Motors (FORCEMOT)

Price action analysis of Force Motors ( (FORCEMOT) ) 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 Force Motors ( (FORCEMOT) ) 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 Force Motors ( (FORCEMOT) ) 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 Force Motors stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Force Motors 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 SELL signal for Force Motors 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 Force Motors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8552.37 and Force Motors (FORCEMOT) 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 Force Motors (FORCEMOT) stock. Volume based technical analysis of Force Motors (FORCEMOT) stock is negative.

Force Motors 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.