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Amforge Industries Limited

AMFORG.BO Technical Analysis Summary (BSE)

Analyze AMFORG.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

AMFORG.BO●BSE
IndustrialsManufacturing - Metal Fabrication
₹5.47
₹0.08(1.44%)
Indian Market opens in 12h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

AMFORG.BO Technical Analysis Summary (BSE)

Amforge Industries Limited (BSE: AMFORG.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.92)
Trend Strength:Moderate (ADX: 22.49)
Volatility:High (ATR: 0.50)
Support/Resistance:$5.23 – $6.02 (Bollinger Bands)

Technical conditions suggest Amforge Industries Limited on the BSE is awaiting a decisive move. Technical conditions suggest Amforge Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 46.92

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 64.91

Bullish
Buying momentum building without extremes.

Williams %R: -36.84

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -5.90

Strongly Bearish
Sharp downside momentum.

Takeaway:Amforge Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.49

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.50

Low
Low volatility, stable price action.

CCI (14): -5.05

Neutral
Neutral, no strong directional signal.

Takeaway:Amforge Industries Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.02
Middle Band (SMA 20)
$5.62
Lower Band
$5.23
Current Position
Within Bands

Takeaway:Amforge Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$6.61
Middle Line (EMA 20)
$5.61
Lower Channel
$4.62
Squeeze Status
Squeeze On

Takeaway:Amforge Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-57.45K
Money Flow Index31.89Bearish, selling pressure outweighs inflows.
Relative Vigor Index62.62Bullish, price momentum strongly favors buyers.

Overall Takeaway:AMFORG.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Amforge Industries Limited (BSE: AMFORG.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Amforge Industries Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: AMFORG.BO) Technical Analysis FAQ