Homepage Active Options Active Stocks

Stock analysis Coforge Limited COFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for Coforge Limited

  • 5Day Average: 6555.93
  • 12Day Average: 6594.5
  • 20Day Average: 6575.36
  • 50Day Average: 6382.12
  • 100Day Average: 5896.64
  • 150Day Average: 5660.23
  • 200Day Average: 5387.94

COFORGE Indicators & signals

Indicator MACD (12,26,9)

6564.45, 6505.32, 84.36
Indicator MACD is in positive zone

Indicator ADX (14)

9.6, 16.53, 20.03
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of COFORGE Coforge Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Thu Feb 2024 6554.05 6390.00 to 6580.00 1.38% 0.7 times
28 Wed Feb 2024 6464.65 6420.25 to 6591.00 -1.48% 0.66 times
27 Tue Feb 2024 6561.55 6525.00 to 6648.60 -0.48% 0.39 times
26 Mon Feb 2024 6593.40 6484.35 to 6679.75 -0.19% 2.6 times
23 Fri Feb 2024 6606.00 6590.15 to 6722.95 -0.18% 0.67 times
22 Thu Feb 2024 6617.70 6532.30 to 6677.05 1.1% 0.68 times
21 Wed Feb 2024 6546.00 6500.00 to 6704.90 -1.61% 1.04 times
20 Tue Feb 2024 6653.45 6583.35 to 6805.00 -1.5% 0.98 times
19 Mon Feb 2024 6754.90 6572.00 to 6847.45 1.34% 1.28 times
16 Fri Feb 2024 6665.40 6525.90 to 6690.00 0.31% 1.1 times
15 Thu Feb 2024 6644.80 6511.10 to 6664.00 2.67% 0.59 times
14 Wed Feb 2024 6472.15 6395.00 to 6614.10 -2.85% 1.16 times

Technical analysis forecast of Coforge Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Coforge Limited COFORGE at this time. Stock is rising and might rise more.

It appears as if Coforge Limited COFORGE gave a large move recently.

Stock of Coforge Limited (COFORGE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Coforge Limited is bullish for shortterm, and stock might move up till 6628.3 or till 6738.2. Use a stoploss of 6536.8 and if this stock hits its stoploss, then it can fall down till 6445.25

More indepth analysis on MunafaSutra.com