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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 2024-05-06 View latest technical analysis

10 day averaged volume of Lgb Forge is 166447

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	10.00	10.30	10.30	9.80	0.853 times
03 Fri May 2024	10.15	10.30	10.35	10.05	0.768 times
02 Thu May 2024	10.20	10.35	10.35	10.00	2.091 times
30 Tue Apr 2024	10.15	10.50	10.60	9.90	1.755 times
29 Mon Apr 2024	10.35	10.50	10.60	10.35	0.887 times
26 Fri Apr 2024	10.40	10.75	10.75	10.30	0.573 times
25 Thu Apr 2024	10.55	10.90	10.90	10.45	0.633 times
24 Wed Apr 2024	10.70	10.35	11.00	10.20	1.199 times
23 Tue Apr 2024	10.30	10.40	10.50	10.25	0.468 times
22 Mon Apr 2024	10.35	10.25	10.60	10.15	0.93 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.1, but if it comes above 10.1, then a intra day buy could be more profitable.
If you take a sell trade below 10.1, then use 10.1 as stoploss and 9.9 as target. However if you take a buy trade in stock , then use 10.1 as stoploss and 10.27 as target.

Share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Target	8.75
Downside Target	9.80
Upside Target	10.15
Upside Target	10.65
Upside Target	10.85
Upside Target	11.00
Upside Target	11.45
Upside Target	11.75
Upside Target	13.70
Upside Target	14.75

Intraday share price targets for Lgb Forge (LGBFORGE)

Target Type	Value
Downside Intraday Target	9.77
Downside Intraday Target	9.53
Upside Intraday Target	10.27
Upside Intraday Target	10.53
Upside Intraday Target	10.03

Weekly technical analysis of Lgb Forge (LGBFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	10.00	10.30	10.30	9.80	0.155 times
03 Fri May 2024	10.15	10.50	10.60	9.90	1.447 times
26 Fri Apr 2024	10.40	10.25	11.00	10.15	1.026 times
19 Fri Apr 2024	10.15	10.45	10.50	9.85	0.909 times
12 Fri Apr 2024	10.35	10.55	10.65	9.95	0.455 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
06 Mon May 2024	10.00	10.35	10.35	9.80	0.16 times
30 Tue Apr 2024	10.15	8.80	11.00	8.80	0.665 times
28 Thu Mar 2024	8.90	11.10	11.45	8.75	0.581 times
29 Thu Feb 2024	10.95	12.80	14.75	10.85	1.114 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 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 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 SELL signal for Lgb Forge in short term and the sell signal is strong.

Lgb Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 10.29 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.