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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 2024-02-12 View latest technical analysis

10 day averaged volume of Lgb Forge is 554932

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	12.50	13.00	13.15	12.50	0.895 times
09 Fri Feb 2024	13.15	13.25	13.80	13.15	0.507 times
08 Thu Feb 2024	13.80	14.65	14.75	13.80	1.044 times
07 Wed Feb 2024	14.50	14.45	14.55	14.15	1.864 times
06 Tue Feb 2024	13.90	13.75	13.90	13.40	2.234 times
05 Mon Feb 2024	13.25	12.75	13.25	12.70	1.354 times
02 Fri Feb 2024	12.65	12.50	12.85	12.45	0.705 times
01 Thu Feb 2024	12.55	12.80	12.90	12.40	0.851 times
31 Wed Jan 2024	12.70	12.25	12.70	12.05	0.636 times
30 Tue Jan 2024	12.10	12.40	12.40	12.10	0.42 times

My analysis of stock is bearish for shortterm, and stock might move down till 12 or till 11.2. Use a stoploss of 12.71 and if the stock hits stoploss, then it can shoot up till 13.38

Share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Target	8.60
Downside Target	9.15
Downside Target	10.95
Downside Target	11.50
Downside Target	11.75
Downside Target	12.00
Downside Target	12.40
Upside Target	13.30
Upside Target	13.35
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	12.28
Downside Intraday Target	12.07
Upside Intraday Target	12.93
Upside Intraday Target	13.37
Upside Intraday Target	12.72

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	12.50	13.00	13.15	12.50	0.128 times
09 Fri Feb 2024	13.15	12.75	14.75	12.70	2.336 times
02 Fri Feb 2024	12.65	12.25	12.90	12.05	1.678 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

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
12 Mon Feb 2024	12.50	12.80	14.75	12.40	0.585 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
30 Thu Nov 2023	13.30	9.30	13.30	9.15	2.349 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Lgb Forge ( (LGBFORGE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Lgb Forge in short term and the buy signal is strong.

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. Bears are getting stronger in this stock.

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 SELL signal for Lgb Forge in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 13.42 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 is giving positive 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.