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Stock analysis Ganga Forging Limited GANGAFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for Ganga Forging Limited

  • 5Day Average: 4.98
  • 12Day Average: 4.86
  • 20Day Average: 4.79
  • 50Day Average: 5.25
  • 100Day Average: 6.08
  • 150Day Average: 6.7
  • 200Day Average: 5.92

GANGAFORGE Indicators & signals

Indicator MACD (12,26,9)

4.88, 4.98, -0.17
Indicator MACD is in negative zone

Indicator ADX (14)

0, 26.67, 26.67
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
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
24 Thu Apr 2025 4.86 4.80 to 5.00 -2.02% 0.26 times
23 Wed Apr 2025 4.96 4.94 to 5.40 -4.8% 1.35 times
22 Tue Apr 2025 5.21 5.01 to 5.28 3.17% 1.1 times
21 Mon Apr 2025 5.05 4.91 to 5.06 4.77% 1.75 times
17 Thu Apr 2025 4.82 4.51 to 4.84 4.56% 3.9 times
16 Wed Apr 2025 4.61 4.52 to 4.72 -1.07% 0.24 times
15 Tue Apr 2025 4.66 4.63 to 4.94 -3.72% 0.63 times
11 Fri Apr 2025 4.84 4.75 to 4.88 2.33% 0.22 times
09 Wed Apr 2025 4.73 4.69 to 5.08 -3.47% 0.45 times
08 Tue Apr 2025 4.90 4.66 to 4.94 3.59% 0.18 times
07 Mon Apr 2025 4.73 4.73 to 4.73 -5.02% 0.18 times
04 Fri Apr 2025 4.98 4.77 to 5.18 0.81% 0.69 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Ganga Forging Limited is bearish for shortterm, and stock might move down till 4.7 or till 4.4. Use a stoploss of 4.91 and if the stock hits stoploss, then it can shoot up till 5.12

More indepth analysis on MunafaSutra.com