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(LgbForge) Lgb Forge complete technical analysis [charts+indicators] | Buy/Sell Lgb Forge | (LgbForge) share price targets

Complete technical analysis of Lgb Forge (LgbForge) by charts plus indicators, forecast predictions and share price targets for Lgb Forge (LgbForge)

Showing technical analysis as on 2024-07-31 View latest technical analysis

10 day averaged volume of Lgb Forge is 56683

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	11.44	11.40	11.59	11.10	2.433 times
30 Tue Jul 2024	11.60	11.88	11.90	11.29	3.108 times
29 Mon Jul 2024	11.88	12.44	12.44	11.60	0.828 times
26 Fri Jul 2024	12.19	12.40	12.40	11.51	0.782 times
25 Thu Jul 2024	11.93	11.76	12.11	11.54	0.874 times
24 Wed Jul 2024	11.54	11.10	11.63	10.85	0.302 times
23 Tue Jul 2024	11.09	10.78	11.56	10.62	1.015 times
22 Mon Jul 2024	11.17	11.17	11.48	11.00	0.937 times
19 Fri Jul 2024	11.41	11.31	11.90	11.31	0.703 times
18 Thu Jul 2024	11.87	12.23	12.23	11.81	0.488 times

Stock of Lgb Forge (LgbForge) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.5, but if it comes above 11.5, then a intra day buy could be more profitable.
If you take a sell trade below 11.5, then use 11.5 as stoploss and 11 as target. However if you take a buy trade in stock , then use 11.5 as stoploss and 11.96 as target.

Share price targets for Lgb Forge (LgbForge)

Target Type	Value
Downside Target	8.62
Downside Target	8.84
Downside Target	9.50
Downside Target	10.62
Downside Target	10.90
Upside Target	11.75
Upside Target	12.02
Upside Target	12.40
Upside Target	12.44
Upside Target	12.49
Upside Target	13.00
Upside Target	13.24
Upside Target	14.79

Intraday share price targets for Lgb Forge (LgbForge)

Target Type	Value
Downside Intraday Target	10.88
Downside Intraday Target	10.32
Upside Intraday Target	12.22
Upside Intraday Target	13
Upside Intraday Target	11.66

Weekly technical analysis of Lgb Forge (LgbForge)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	11.44	12.44	12.44	11.10	1.629 times
26 Fri Jul 2024	12.19	11.17	12.40	10.62	1.635 times
19 Fri Jul 2024	11.41	12.25	12.49	11.31	0.467 times
12 Fri Jul 2024	12.09	12.22	13.00	11.75	1.181 times
05 Fri Jul 2024	12.29	12.90	13.24	12.02	0.139 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lgb Forge (LgbForge)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	11.44	12.90	13.24	10.62	0.313 times
28 Fri Jun 2024	12.61	9.83	14.79	8.84	4.432 times
31 Fri May 2024	9.64	10.10	10.90	9.50	1.167 times
30 Tue Apr 2024	10.21	9.15	10.99	8.95	0.676 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Lgb Forge (LgbForge)

Price action analysis of Lgb Forge ( (LgbForge) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Lgb Forge ( (LgbForge) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Lgb Forge ( (LgbForge) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lgb Forge ( (LgbForge) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Lgb Forge stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Lgb Forge in short term but the sell signal is initial and weak.

Lgb Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lgb Forge in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Lgb Forge is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.57 and Lgb Forge (LgbForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Lgb Forge (LgbForge) stock. Volume based technical analysis of Lgb Forge (LgbForge) stock is negative.

Lgb Forge Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.