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(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.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Lgb Forge is 332757

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	9.20	9.75	9.80	9.15	0.67 times
18 Mon Mar 2024	9.55	9.20	9.55	9.15	0.554 times
15 Fri Mar 2024	9.10	9.20	9.25	9.05	1.446 times
14 Thu Mar 2024	9.15	9.00	9.50	8.75	1.969 times
13 Wed Mar 2024	9.05	9.35	9.75	9.05	0.759 times
12 Tue Mar 2024	9.50	10.10	10.10	9.45	1.089 times
11 Mon Mar 2024	9.90	10.25	10.50	9.75	0.573 times
07 Thu Mar 2024	10.15	10.10	10.70	9.95	1.196 times
06 Wed Mar 2024	10.25	10.60	10.90	10.20	0.965 times
05 Tue Mar 2024	10.70	11.10	11.20	10.60	0.849 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.5, but if it comes above 9.5, then a intra day buy could be more profitable.
If you take a sell trade below 9.5, then use 9.5 as stoploss and 8.2 as target. However if you take a buy trade in stock , then use 9.5 as stoploss and 10.59 as target.

Share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Target	8.75
Downside Target	9.15
Upside Target	9.80
Upside Target	10.50
Upside Target	11.35
Upside Target	11.75
Upside Target	12.35
Upside Target	13.00
Upside Target	13.30
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	8.97
Downside Intraday Target	8.73
Upside Intraday Target	9.62
Upside Intraday Target	10.03
Upside Intraday Target	9.38

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	9.20	9.20	9.80	9.15	0.21 times
15 Fri Mar 2024	9.10	10.25	10.50	8.75	1.617 times
07 Thu Mar 2024	10.15	11.25	11.35	9.95	0.633 times
02 Sat Mar 2024	11.05	12.35	12.35	10.70	1.322 times
23 Fri Feb 2024	12.15	13.00	13.00	11.70	0.615 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 Lgb Forge (LGBFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	9.20	11.10	11.45	8.75	0.398 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
29 Fri Dec 2023	13.05	13.50	13.90	11.50	1.165 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 Lgb Forge (LGBFORGE)

Price action analysis of Lgb Forge ( (LGBFORGE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lgb Forge ( (LGBFORGE) ) 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 Lgb Forge ( (LGBFORGE) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Lgb Forge in short term and the sell signal is strong.

Lgb 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 coming down

CCI has generated a SELL signal for Lgb Forge in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 9.6 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 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.