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Coforge Limited

COFORGE.BO•BSE
Technology
Information Technology Services
₹1280.70
₹128.70(11.17%)
Indian Market opens in 15h 39m

Coforge Limited (COFORGE.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Coforge Limited (BSE:COFORGE.BO).

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

COFORGE.BO Technical Analysis Summary

Coforge Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.87)
Trend Strength:Moderate (ADX: 24.95)
Volatility:Medium (ATR: 47.24)
Support/Resistance:$1138.12 – $1329.44 (Bollinger Bands)

This mix signals that Coforge Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 42.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.23

Bullish
Oversold zone signals rebound potential.

Williams %R: -84.03

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.12

Strongly Bearish
Sharp downside momentum.

Takeaway:Coforge Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -11.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.95

Moderate
Moderate trend, direction gaining strength.

ATR (14): 47.24

Rising
Rising volatility, market activity increasing.

CCI (14): -94.21

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1329.44
Middle Band (SMA 20)
$1233.78
Lower Band
$1138.12
Current Position
Within Bands

Takeaway:Coforge Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1304.07
Middle Line (EMA 20)
$1209.59
Lower Channel
$1115.12
Squeeze Status
No Squeeze

Takeaway:Coforge Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume265.40K
Money Flow Index37.40Bearish, selling pressure outweighs inflows.
Relative Vigor Index56.56Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Coforge Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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:Coforge Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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