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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 2024-02-20 View latest technical analysis

10 day averaged volume of Coforge is 345436

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	6653.45	6754.65	6805.00	6583.35	0.826 times
19 Mon Feb 2024	6754.90	6700.00	6847.45	6572.00	1.072 times
16 Fri Feb 2024	6665.40	6679.95	6690.00	6525.90	0.925 times
15 Thu Feb 2024	6644.80	6590.00	6664.00	6511.10	0.495 times
14 Wed Feb 2024	6472.15	6550.00	6614.10	6395.00	0.972 times
13 Tue Feb 2024	6661.90	6692.90	6753.80	6582.00	1.032 times
12 Mon Feb 2024	6666.20	6549.90	6733.70	6501.50	2.551 times
09 Fri Feb 2024	6500.75	6641.95	6642.00	6471.00	0.529 times
08 Thu Feb 2024	6608.35	6629.95	6666.00	6568.80	0.475 times
07 Wed Feb 2024	6583.50	6645.00	6645.00	6512.00	0.688 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6650, but if it comes below 6650, then a intra day sell could be more profitable.
If you take a sell trade below 6650, then use 6650 as stoploss and 6462.96 as target. However if you take a buy trade in stock , then use 6650 as stoploss and 6874.5 as target.

Share price targets for Coforge (COFORGE)

Target Type	Value
Downside Target	4756.55
Downside Target	4965.20
Downside Target	5282.90
Downside Target	5506.00
Downside Target	5841.55
Downside Target	6102.65
Downside Target	6350.00
Downside Target	6572.00
Upside Target	6666.00
Upside Target	6753.80
Upside Target	6789.00
Upside Target	6847.45

Intraday share price targets for Coforge (COFORGE)

Target Type	Value
Downside Intraday Target	6534.48
Downside Intraday Target	6415.52
Upside Intraday Target	6809.93
Upside Intraday Target	6966.42
Upside Intraday Target	6690.97

Weekly technical analysis of Coforge (COFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	6653.45	6700.00	6847.45	6572.00	0.318 times
16 Fri Feb 2024	6665.40	6549.90	6753.80	6395.00	1.423 times
09 Fri Feb 2024	6500.75	6479.95	6666.00	6350.00	0.685 times
02 Fri Feb 2024	6425.35	6222.20	6469.00	6102.65	1.308 times
25 Thu Jan 2024	6205.05	6474.95	6513.95	6161.00	0.724 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
20 Tue Feb 2024	6653.45	6250.10	6847.45	6102.65	0.529 times
31 Wed Jan 2024	6250.10	6289.95	6789.00	5841.55	1.009 times
29 Fri Dec 2023	6274.40	5810.00	6530.00	5506.00	1.529 times
30 Thu Nov 2023	5760.85	4998.00	5846.25	4965.20	0.68 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 Coforge (COFORGE)

Price action analysis of Coforge ( (COFORGE) ) 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 Coforge ( (COFORGE) ) 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 Coforge ( (COFORGE) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Coforge in short term and the buy signal is strong.

Coforge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Coforge in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 6635.69 and Coforge (COFORGE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Coforge (COFORGE) stock. Volume based technical analysis of Coforge (COFORGE) stock is negative.

Coforge 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.