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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 2024-01-30 View latest technical analysis

10 day averaged volume of Lgb Forge is 300070

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	12.10	12.40	12.40	12.10	0.777 times
29 Mon Jan 2024	12.15	12.25	12.25	12.05	0.711 times
25 Thu Jan 2024	12.15	12.40	12.40	12.10	0.505 times
24 Wed Jan 2024	12.15	12.50	12.50	12.05	0.643 times
23 Tue Jan 2024	12.15	12.75	12.75	12.10	0.713 times
22 Mon Jan 2024	12.60	12.30	12.70	11.75	1.443 times
19 Fri Jan 2024	12.15	12.10	12.40	12.00	0.831 times
18 Thu Jan 2024	12.10	12.40	12.40	12.05	1.131 times
17 Wed Jan 2024	12.35	12.30	12.45	12.00	0.845 times
16 Tue Jan 2024	12.30	13.00	13.10	12.30	2.131 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.2, but if it comes above 12.2, then a intra day buy could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 11.6 as target. However if you take a buy trade in stock , then use 12.2 as stoploss and 12.66 as target.

Share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Target	8.60
Downside Target	8.95
Downside Target	9.15
Downside Target	10.60
Downside Target	10.95
Downside Target	11.50
Downside Target	11.75
Downside Target	12.00
Upside Target	12.40
Upside Target	12.70
Upside Target	13.30
Upside Target	13.35
Upside Target	13.70
Upside Target	13.90

Intraday share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Intraday Target	11.97
Downside Intraday Target	11.83
Upside Intraday Target	12.32
Upside Intraday Target	12.53
Upside Intraday Target	12.18

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	12.10	12.25	12.40	12.05	0.45 times
25 Thu Jan 2024	12.15	12.30	12.75	11.75	0.552 times
19 Fri Jan 2024	12.15	13.30	13.35	12.00	0.933 times
12 Fri Jan 2024	13.00	13.25	13.30	12.45	0.556 times
05 Fri Jan 2024	13.10	13.05	13.70	12.70	1.953 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 Jan 2024	12.10	13.05	13.70	11.75	0.623 times
29 Fri Dec 2023	13.05	13.50	13.90	11.50	1.165 times
30 Thu Nov 2023	13.30	9.30	13.30	9.15	2.349 times
31 Tue Oct 2023	9.25	9.45	10.95	8.60	1.064 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 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 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 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 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 Lgb Forge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Lgb Forge in short term but BUY 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

Stock of Lgb Forge is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.26 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.