Meyka Pro banner
AMIC Forging Ltd

AMIC.BO Technical Analysis Summary (BSE)

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

AMIC.BOBSE
IndustrialsManufacturing - Metal Fabrication
1895.05
26.05(1.36%)
Indian Market is Open · 10:11

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

AMIC.BO Technical Analysis Summary (BSE)

AMIC Forging Ltd (BSE: AMIC.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.86)
Trend Strength:Weak (ADX: 18.31)
Volatility:Medium (ATR: 67.75)
Support/Resistance:$1678.28 – $2080.23 (Bollinger Bands)

Technical conditions suggest AMIC Forging Ltd on the BSE is awaiting a decisive move. Overall, AMIC Forging Ltd remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.86

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 60.03

Bullish
Buying momentum building without extremes.

Williams %R: -47.99

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 9.07

Strongly Bullish
Strong upside momentum.

Takeaway:AMIC Forging Ltd shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 50.45

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.31

Weak
Weak trend, market trading sideways.

ATR (14): 67.75

Rising
Rising volatility, market activity increasing.

CCI (14): -21.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:AMIC Forging Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2080.23
Middle Band (SMA 20)
$1879.26
Lower Band
$1678.28
Current Position
Within Bands

Takeaway:AMIC Forging Ltd trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$2034.93
Middle Line (EMA 20)
$1899.43
Lower Channel
$1763.93
Squeeze Status
No Squeeze

Takeaway:AMIC Forging Ltd trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume1.13M
Money Flow Index77.33Bullish, inflows support continued momentum.
Relative Vigor Index53.77Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:AMIC.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of AMIC Forging Ltd (BSE: AMIC.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for AMIC Forging Ltd are mixed, suggesting a Hold or wait-and-see approach.

(BSE: AMIC.BO) Technical Analysis FAQ