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Stock analysis LGB Forge Limited LGBFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for LGB Forge Limited

  • 5Day Average: 10.2
  • 12Day Average: 10.18
  • 20Day Average: 9.83
  • 50Day Average: 10.87
  • 100Day Average: 11.71
  • 150Day Average: 11.04
  • 200Day Average: 10.58

LGBFORGE Indicators & signals

Indicator MACD (12,26,9)

10.09, 10.16, -0.19
Indicator MACD is in negative zone

Indicator ADX (14)

13.04, 25, 19.23
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LGBFORGE LGB Forge Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 10.15 10.10 to 10.40 -1.93% 0.53 times
18 Thu Apr 2024 10.35 10.00 to 10.50 2.48% 1.02 times
16 Tue Apr 2024 10.10 9.85 to 10.20 0.5% 0.37 times
15 Mon Apr 2024 10.05 9.90 to 10.45 -2.9% 0.93 times
12 Fri Apr 2024 10.35 10.05 to 10.50 2.48% 0.58 times
10 Wed Apr 2024 10.10 9.95 to 10.65 0.5% 1.3 times
09 Tue Apr 2024 10.05 10.00 to 10.30 -0.99% 0.45 times
08 Mon Apr 2024 10.15 10.05 to 10.65 -2.4% 0.8 times
05 Fri Apr 2024 10.40 10.00 to 10.55 -0.48% 1.14 times
04 Thu Apr 2024 10.45 10.25 to 10.70 2.45% 2.22 times
03 Wed Apr 2024 10.20 9.70 to 10.20 4.62% 1.2 times
02 Tue Apr 2024 9.75 9.25 to 9.75 4.84% 1.93 times

Technical analysis forecast of LGB Forge 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 LGB Forge Limited LGBFORGE at this time. Stock is rising and might rise more.

It appears as if LGB Forge Limited LGBFORGE gave a large move recently.

Stock of LGB Forge Limited (LGBFORGE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of LGB Forge Limited is bullish for shortterm, and stock might move up till 10.6 or till 11.1. Use a stoploss of 10.09 and if this stock hits its stoploss, then it can fall down till 9.61

More indepth analysis on MunafaSutra.com