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Stock analysis Ganga Forging Limited GANGAFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for Ganga Forging Limited

  • 5Day Average: 5.52
  • 12Day Average: 5.77
  • 20Day Average: 6.14
  • 50Day Average: 6.68
  • 100Day Average: 7.3
  • 150Day Average: 6.38
  • 200Day Average: 5.75

GANGAFORGE Indicators & signals

Indicator MACD (12,26,9)

5.79, 6.13, -0.32
Indicator MACD is in negative zone

Indicator ADX (14)

12, 29.73, 37.84
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GANGAFORGE Ganga Forging Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Tue Feb 2025 5.89 5.56 to 6.11 1.2% 7.04 times
24 Mon Feb 2025 5.82 5.60 to 5.82 4.86% 0.76 times
21 Fri Feb 2025 5.55 5.54 to 5.55 4.91% 0.14 times
20 Thu Feb 2025 5.29 5.05 to 5.29 4.96% 0.35 times
19 Wed Feb 2025 5.04 4.56 to 5.05 4.78% 2.23 times
18 Tue Feb 2025 4.81 4.81 to 5.35 -10.09% 1.69 times
17 Mon Feb 2025 5.35 5.35 to 6.10 -10.08% 1.71 times
14 Fri Feb 2025 5.95 5.92 to 6.19 -3.41% 0.63 times
13 Thu Feb 2025 6.16 5.99 to 6.42 -1.44% 0.93 times
12 Wed Feb 2025 6.25 6.16 to 6.64 -3.99% 0.91 times
11 Tue Feb 2025 6.51 6.46 to 6.61 -0.91% 0.65 times
10 Mon Feb 2025 6.57 6.50 to 6.68 0% 0.25 times

Technical analysis forecast for Ganga Forging Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ganga Forging Limited GANGAFORGE at this time. Stock is falling and might fall more.

It appears as if Ganga Forging Limited GANGAFORGE gave a large move recently.

Stock of Ganga Forging Limited (GANGAFORGE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Ganga Forging Limited is bearish for shortterm, and stock might move down till 5.4 or till 4.6. Use a stoploss of 6.02 and if the stock hits stoploss, then it can shoot up till 6.64

More indepth analysis on MunafaSutra.com