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(GANGAFORGE_BE) Ganga Forging complete technical analysis [charts+indicators] | Buy/Sell Ganga Forging | (GANGAFORGE_BE) share price targets

Complete technical analysis of Ganga Forging (GANGAFORGE_BE) by charts plus indicators, forecast predictions and share price targets for Ganga Forging (GANGAFORGE_BE)

Showing technical analysis as on 2024-11-26 View latest technical analysis

10 day averaged volume of Ganga Forging is 149495

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	7.17	7.26	7.40	7.00	0.846 times
25 Mon Nov 2024	7.17	7.23	7.38	7.02	0.561 times
22 Fri Nov 2024	7.11	6.84	7.34	6.84	0.543 times
21 Thu Nov 2024	7.20	7.56	7.56	7.18	1.129 times
19 Tue Nov 2024	7.56	7.61	7.61	7.26	1.189 times
18 Mon Nov 2024	7.25	6.90	7.25	6.70	0.951 times
14 Thu Nov 2024	6.91	6.68	7.10	6.68	0.94 times
16 Fri Aug 2024	6.95	7.03	7.18	6.75	1.596 times
14 Wed Aug 2024	7.03	7.14	7.22	7.00	0.926 times
13 Tue Aug 2024	7.14	7.22	7.24	7.01	0.794 times

My analysis of stock is bullish for shortterm, and stock might move up till 7.3 or till 7.5. Use a stoploss of 7.12 and if this stock hits its stoploss, then it can fall down till 6.97

Share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Target	6.65
Downside Target	6.95
Upside Target	7.25
Upside Target	7.40
Upside Target	7.52
Upside Target	7.61
Upside Target	8.20
Upside Target	8.44
Upside Target	8.75

Intraday share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Intraday Target	6.98
Downside Intraday Target	6.79
Upside Intraday Target	7.38
Upside Intraday Target	7.59
Upside Intraday Target	7.19

Weekly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	7.17	7.23	7.40	7.00	0.369 times
22 Fri Nov 2024	7.11	6.90	7.61	6.70	4.056 times
14 Thu Nov 2024	6.91	6.68	7.10	6.68	0.2 times
16 Fri Aug 2024	6.95	7.07	7.25	6.75	0.542 times
09 Fri Aug 2024	7.00	7.15	7.52	6.75	0.456 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 Ganga Forging (GANGAFORGE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	7.17	6.68	7.61	6.68	0.315 times
16 Fri Aug 2024	6.95	7.00	7.52	6.65	0.228 times
31 Wed Jul 2024	7.02	7.70	8.20	6.95	2.084 times
28 Fri Jun 2024	7.74	8.00	8.44	7.30	0.914 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 Ganga Forging (GANGAFORGE_BE)

Price action analysis of Ganga Forging ( (GANGAFORGE_BE) ) 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 Ganga Forging ( (GANGAFORGE_BE) ) 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 Ganga Forging ( (GANGAFORGE_BE) ) based on a short to mid 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 Ganga Forging ( (GANGAFORGE_BE) ) 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 Ganga Forging stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ganga Forging 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.

Ganga Forging 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 tired and bears 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 Ganga Forging in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ganga Forging is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.15 and Ganga Forging (GANGAFORGE_BE) 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 Ganga Forging (GANGAFORGE_BE) stock. Volume based technical analysis of Ganga Forging (GANGAFORGE_BE) stock is negative.

Ganga Forging 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.