Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(LGBFORGE) Lgb Forge complete technical analysis [charts+indicators] | Buy/Sell Lgb Forge | (LGBFORGE) share price targets

Complete technical analysis of Lgb Forge (LGBFORGE) by charts plus indicators, forecast predictions and share price targets for Lgb Forge (LGBFORGE)

Lgb Forge trades in NSE in Other Industrial Products sector.

10 day averaged volume of Lgb Forge is 139784

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	10.15	10.50	10.60	9.90	2.09 times
29 Mon Apr 2024	10.35	10.50	10.60	10.35	1.056 times
26 Fri Apr 2024	10.40	10.75	10.75	10.30	0.682 times
25 Thu Apr 2024	10.55	10.90	10.90	10.45	0.753 times
24 Wed Apr 2024	10.70	10.35	11.00	10.20	1.428 times
23 Tue Apr 2024	10.30	10.40	10.50	10.25	0.558 times
22 Mon Apr 2024	10.35	10.25	10.60	10.15	1.108 times
19 Fri Apr 2024	10.15	10.15	10.40	10.10	0.828 times
18 Thu Apr 2024	10.35	10.10	10.50	10.00	1.58 times
16 Tue Apr 2024	10.10	10.00	10.20	9.85	0.568 times

Stock of Lgb Forge (LGBFORGE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 9.9 or till 9.6. Use a stoploss of 10.21 and if the stock hits stoploss, then it can shoot up till 10.5

Share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Target	8.75
Downside Target	9.85
Downside Target	10.15
Upside Target	10.50
Upside Target	11.00
Upside Target	11.45
Upside Target	11.50
Upside Target	11.75
Upside Target	13.70
Upside Target	13.90
Upside Target	14.75

Intraday share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Intraday Target	9.83
Downside Intraday Target	9.52
Upside Intraday Target	10.53
Upside Intraday Target	10.92
Upside Intraday Target	10.22

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	10.15	10.50	10.60	9.90	0.695 times
26 Fri Apr 2024	10.40	10.25	11.00	10.15	1.026 times
19 Fri Apr 2024	10.15	10.45	10.50	9.85	0.909 times
12 Fri Apr 2024	10.35	10.55	10.65	9.95	0.455 times
05 Fri Apr 2024	10.40	8.80	10.70	8.80	1.433 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 Lgb Forge (LGBFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	10.15	8.80	11.00	8.80	0.665 times
28 Thu Mar 2024	8.90	11.10	11.45	8.75	0.581 times
29 Thu Feb 2024	10.95	12.80	14.75	10.85	1.114 times
31 Wed Jan 2024	12.70	13.05	13.70	11.75	0.649 times

Scroll below to view daily charts

Price has moved up 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 Lgb Forge (LGBFORGE)

Price action analysis of Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge ( (LGBFORGE) ) based on a short to mid 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.

Price action analysis of Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Lgb Forge in short term but the buy signal is initial and weak.

Lgb 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. 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 Lgb Forge 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 Lgb 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 10.34 and Lgb Forge (LGBFORGE) 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 Lgb Forge (LGBFORGE) stock. Volume based technical analysis of Lgb Forge (LGBFORGE) stock is negative.

Lgb Forge Stock is giving positive 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.