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Stock analysis LGB Forge Limited LGBFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for LGB Forge Limited

  • 5Day Average: 12.85
  • 12Day Average: 11.13
  • 20Day Average: 10.5
  • 50Day Average: 10.27
  • 100Day Average: 10.69
  • 150Day Average: 11.23
  • 200Day Average: 10.84

LGBFORGE Indicators & signals

Indicator MACD (12,26,9)

11.68, 10.84, 0.35
Indicator MACD is in positive zone

Indicator ADX (14)

66.67, 42.17, 8.43
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
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
25 Tue Jun 2024 13.20 13.15 to 14.30 -6.18% 0.49 times
24 Mon Jun 2024 14.07 13.10 to 14.70 -1.61% 1.26 times
21 Fri Jun 2024 14.30 13.25 to 14.83 15.7% 6.71 times
20 Thu Jun 2024 12.36 10.37 to 12.36 20% 1.13 times
19 Wed Jun 2024 10.30 10.24 to 10.60 0.98% 0.14 times
18 Tue Jun 2024 10.20 9.96 to 10.65 3.03% 0.25 times
14 Fri Jun 2024 9.90 9.55 to 10.05 -0.6% 0.08 times
13 Thu Jun 2024 9.96 9.94 to 10.07 0.3% 0.06 times
12 Wed Jun 2024 9.93 9.70 to 10.29 1.85% 0.19 times
11 Tue Jun 2024 9.75 9.68 to 10.00 0.41% 0.09 times
10 Mon Jun 2024 9.71 9.70 to 9.99 -1.42% 0.09 times
07 Fri Jun 2024 9.85 9.60 to 10.35 2.6% 0.11 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, but trade for tomorrow is selective. Take a BUY trade only if LGB Forge Limited stays above 12.6, but if it comes below 12.6, then a intra day sell could be more profitable.
If you take a sell trade below 12.6, then use 12.6 as stoploss and 11.08 as target. However if you take a buy trade in LGB Forge Limited, then use 12.6 as stoploss and 14.5 as target.

More indepth analysis on MunafaSutra.com