An article exploring Oracle’s latest quarterly results that reveal a significant AI...
Technicals for Ramkrishna Forgings Limited
By MusingTheNews
2025-12-12 20:53
Overall Technical outlook
Price Summary
On 2025-12-10, Ramkrishna Forgings Limited's stock opened at 522.1, reached 531.2, hit a low of 517.55, and rose 0.17% to close at 523.0, with 236103 shares traded. Over the past 52 weeks, the stock reached a maximum price of 990.4 and a minimum price of 519.85. According to 6 analysts, the price of RKFORGE in the future is projected to be between 507.0 and 1111.0, with an average expected price of 696.3333.
Technicals
Support and Resistance: The current price of 523.0 is supported at 519.85, with resistance at 537.1. This suggests that the price for RKFORGE might remain between these levels, where 519.85 acts as a floor and 537.1 as a ceiling in the market. Support/Resistance for RKFORGE
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Ramkrishna Forgings Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Ramkrishna Forgings Limited
Parabolic SAR: The PSAR remains bearish for Ramkrishna Forgings Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Ramkrishna Forgings Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for RKFORGE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Ramkrishna Forgings Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Ramkrishna Forgings Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of the expected December 2025 Federal Reserve rate cut, exploring...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.