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Stock analysis Ramkrishna Forgings Limited RKFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for Ramkrishna Forgings Limited

  • 5Day Average: 748.53
  • 12Day Average: 747.94
  • 20Day Average: 762.07
  • 50Day Average: 721.86
  • 100Day Average: 820.33
  • 150Day Average: 869.69
  • 200Day Average: 883.03

RKFORGE Indicators & signals

Indicator MACD (12,26,9)

748.46, 745.37, 5.24
Indicator MACD is in positive zone

Indicator ADX (14)

13.67, 23.06, 30.36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RKFORGE Ramkrishna Forgings Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Apr 2025 736.50 730.75 to 767.20 -4.1% 0.47 times
16 Wed Apr 2025 767.95 756.00 to 775.05 1.01% 0.18 times
15 Tue Apr 2025 760.25 736.30 to 765.00 3.08% 0.29 times
11 Fri Apr 2025 737.55 730.50 to 757.50 -0.38% 0.46 times
09 Wed Apr 2025 740.40 720.00 to 781.70 1.53% 7.86 times
08 Tue Apr 2025 729.25 719.85 to 738.65 2.16% 0.1 times
07 Mon Apr 2025 713.80 600.00 to 720.00 -2.11% 0.26 times
04 Fri Apr 2025 729.20 722.90 to 757.95 -2.17% 0.35 times
03 Thu Apr 2025 745.40 739.85 to 772.30 -2.76% 0.23 times
02 Wed Apr 2025 766.55 754.00 to 780.00 -1.1% 0.14 times
01 Tue Apr 2025 775.10 757.35 to 783.90 0.23% 0.13 times
28 Fri Mar 2025 773.30 766.05 to 806.30 -0.9% 0.22 times

Technical analysis forecast for Ramkrishna Forgings 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 Ramkrishna Forgings Limited RKFORGE at this time. Stock is falling and might fall more.

It appears as if Ramkrishna Forgings Limited RKFORGE gave a large move recently.

Stock of Ramkrishna Forgings Limited (RKFORGE) 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 Ramkrishna Forgings Limited is bearish for shortterm, and stock might move down till 712.7 or till 672.2. Use a stoploss of 746.45 and if the stock hits stoploss, then it can shoot up till 780.19

More indepth analysis on MunafaSutra.com