(ElForge) El Forge complete technical analysis [charts+indicators] | Buy/Sell El Forge | (ElForge) share price targets
Complete technical analysis of El Forge (ElForge) by charts plus indicators, forecast predictions and share price targets for El Forge (ElForge)
Showing technical analysis as on 2024-08-23 View latest technical analysis
10 day averaged volume of El Forge is 22805
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 24.81 | 24.81 | 24.81 | 24.81 | 4.157 times |
| 22 Thu Aug 2024 | 24.33 | 24.33 | 24.33 | 24.33 | 4.672 times |
| 21 Wed Aug 2024 | 23.86 | 23.86 | 23.86 | 23.86 | 0.195 times |
| 20 Tue Aug 2024 | 23.40 | 23.40 | 23.40 | 23.40 | 0.825 times |
| 19 Mon Aug 2024 | 22.95 | 22.95 | 22.95 | 22.95 | 1.473 times |
| 16 Fri Aug 2024 | 22.50 | 22.35 | 22.51 | 22.35 | 0.718 times |
| 14 Wed Aug 2024 | 22.35 | 22.68 | 22.68 | 22.30 | 0.131 times |
| 13 Tue Aug 2024 | 22.68 | 22.69 | 22.69 | 22.68 | 0.417 times |
| 12 Mon Aug 2024 | 23.14 | 23.61 | 23.61 | 23.14 | 0.472 times |
| 09 Fri Aug 2024 | 23.61 | 22.92 | 23.61 | 22.92 | 0.664 times |
Stock of El Forge (ElForge) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.8, but if it comes below 24.8, then a intra day sell could be more profitable.
If you take a sell trade below 24.8, then use 24.8 as stoploss and 23.92 as target. However if you take a buy trade in stock , then use 24.8 as stoploss and 25.9 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 12.58 |
| Downside Target | 14.60 |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 23.61 |
| Downside Target | 24.18 |
| Downside Target | 24.58 |
| Downside Target | 24.60 |
| Downside Target | 24.81 |
| Upside Target | 26.10 |
| Upside Target | 28.58 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 23.57 |
| Downside Intraday Target | 22.33 |
| Upside Intraday Target | 25.43 |
| Upside Intraday Target | 26.05 |
| Downside Intraday Target | 24.19 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 24.81 | 22.95 | 24.81 | 22.95 | 6.515 times |
| 16 Fri Aug 2024 | 22.50 | 23.61 | 23.61 | 22.30 | 0.669 times |
| 09 Fri Aug 2024 | 23.61 | 24.58 | 24.58 | 22.92 | 0.492 times |
| 02 Fri Aug 2024 | 25.08 | 24.66 | 26.10 | 24.60 | 1.501 times |
| 26 Fri Jul 2024 | 24.18 | 23.26 | 24.18 | 22.35 | 0.223 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of El Forge (ElForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 24.81 | 25.60 | 26.10 | 22.30 | 0.391 times |
| 31 Wed Jul 2024 | 25.10 | 19.73 | 28.58 | 19.73 | 2.098 times |
| 28 Fri Jun 2024 | 20.13 | 20.28 | 23.71 | 20.02 | 0.83 times |
| 31 Fri May 2024 | 19.89 | 19.70 | 19.89 | 14.60 | 0.546 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of El Forge (ElForge)
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of El Forge ( (ElForge) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of El Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.02 and El Forge (ElForge) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the El Forge (ElForge) stock. Volume based technical analysis of El Forge (ElForge) stock is negative.
El Forge Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of El Forge ( (ElForge) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of El Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.02 and El Forge (ElForge) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the El Forge (ElForge) stock. Volume based technical analysis of El Forge (ElForge) stock is negative.
El Forge Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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