Balu Forge Industries Ltd Stock Signals
₹324.15
+5.05 (+1.58%)
At Close: Jun 28, 2024
Latest Data & Signals Issued
| Signal Type | Signal Value | Data | |
|---|---|---|---|
| Score | 2.035 | 5 days ( 3.40 % ) | |
| Last Price | ₹324.15 | 1.58 % | |
| High/ Low | ₹321.65 - ₹338.40 | 3.14% | |
| Chg 7 Days | -2.85 % | $333.65 ₹324.15 | |
| Chg 30 Days | 13.42 % | $285.80 ₹324.15 | |
| Short MA avg 3 mos | Sell | Jun 26, 2024 - 3 days | |
| Long MA avg 3 mos | Buy | Jun 06, 2024 - 16 days | |
| Short/Long MA avg 3 mos | Buy | Jun 12, 2024 - 12 days | |
| Short MA avg 12 mos | Buy | Jun 06, 2024 - 16 days | |
| Long MA avg 12 mos | N/A | N/A | |
| Short/Long MA avg 12 mos | Sell | Nov 30, -1 - N/A days | |
| Pivot Short | Sell | Jun 04, 2024 - 18 days | |
| Bollinger | Buy | Nov 30, -1 - N/A days | |
| MACD | Buy | No Dates Stored For This Signal |
Signals Effectiveness
Backtesting is not only a way to check stock signal accuracy, but also a tool to continually improvement. Data can be used for self adjustment as each stock has an individual behavior.
Accuracy and return is not the same. A stock signal may provide low statistical accuracy, but the signals may prove high return in average.
Sharp market dips or fundamental changes (earning reports, news updates etc), may force a short term reaction and disturb the signals (Signals may jump quickly from buy to sell, just to return to buy).
Not enough historical data to calculate signal statistics.
