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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 2024-03-26 View latest technical analysis

10 day averaged volume of Lgb Forge is 314103

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	9.60	9.95	9.95	9.50	0.973 times
22 Fri Mar 2024	9.85	9.50	9.85	9.45	0.822 times
21 Thu Mar 2024	9.40	9.20	9.55	9.05	0.94 times
20 Wed Mar 2024	9.10	9.15	9.25	8.85	0.758 times
19 Tue Mar 2024	9.20	9.75	9.80	9.15	0.71 times
18 Mon Mar 2024	9.55	9.20	9.55	9.15	0.587 times
15 Fri Mar 2024	9.10	9.20	9.25	9.05	1.532 times
14 Thu Mar 2024	9.15	9.00	9.50	8.75	2.086 times
13 Wed Mar 2024	9.05	9.35	9.75	9.05	0.804 times
12 Tue Mar 2024	9.50	10.10	10.10	9.45	1.153 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 9.2 as stoploss in an intra day buy trade for a target of 10.08. However, stock will show a bearish move below 9.2.

Share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Target	8.75
Downside Target	9.15
Downside Target	9.50
Upside Target	9.85
Upside Target	10.50
Upside Target	11.35
Upside Target	11.50
Upside Target	11.75
Upside Target	12.35
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	9.42
Downside Intraday Target	9.23
Upside Intraday Target	9.87
Upside Intraday Target	10.13
Upside Intraday Target	9.68

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	9.60	9.95	9.95	9.50	0.255 times
22 Fri Mar 2024	9.85	9.20	9.85	8.85	0.617 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

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
26 Tue Mar 2024	9.60	11.10	11.45	8.75	0.507 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls 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 but SELL 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 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 9.32 and Lgb Forge (LGBFORGE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.