(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 2024-09-12 View latest technical analysis
10 day averaged volume of El Forge is 87321
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 32.31 | 32.31 | 32.31 | 32.31 | 0.198 times |
| 11 Wed Sep 2024 | 32.96 | 33.63 | 34.00 | 32.96 | 0.746 times |
| 10 Tue Sep 2024 | 33.63 | 33.63 | 33.63 | 33.59 | 0.635 times |
| 09 Mon Sep 2024 | 32.98 | 32.98 | 32.98 | 32.98 | 0.418 times |
| 06 Fri Sep 2024 | 32.34 | 32.34 | 32.34 | 32.34 | 0.978 times |
| 05 Thu Sep 2024 | 31.71 | 31.39 | 31.71 | 28.69 | 2.594 times |
| 04 Wed Sep 2024 | 30.20 | 30.20 | 30.20 | 30.20 | 1.204 times |
| 03 Tue Sep 2024 | 28.77 | 28.77 | 28.77 | 28.77 | 0.756 times |
| 02 Mon Sep 2024 | 27.40 | 27.40 | 27.40 | 27.40 | 0.824 times |
| 30 Fri Aug 2024 | 26.10 | 25.38 | 26.10 | 25.38 | 1.552 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.3, but if it comes below 31.3, then a intra day sell could be more profitable.
If you take a sell trade below 31.3, then use 31.3 as stoploss and 27.53 as target. However if you take a buy trade in stock , then use 31.3 as stoploss and 35.9 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 14.60 |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 22.95 |
| Downside Target | 23.48 |
| Downside Target | 24.81 |
| Downside Target | 26.90 |
| Downside Target | 27.40 |
| Downside Target | 28.58 |
| Downside Target | 32.31 |
| Upside Target | 32.34 |
| Upside Target | 34.00 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 31.75 |
| Downside Intraday Target | 31.18 |
| Upside Intraday Target | 33.44 |
| Upside Intraday Target | 34.56 |
| Upside Intraday Target | 32.87 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 32.31 | 32.98 | 34.00 | 32.31 | 0.314 times |
| 06 Fri Sep 2024 | 32.34 | 27.40 | 32.34 | 27.40 | 1.378 times |
| 30 Fri Aug 2024 | 26.10 | 26.05 | 26.90 | 23.48 | 1.56 times |
| 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 |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of El Forge (ElForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 32.31 | 27.40 | 34.00 | 27.40 | 0.878 times |
| 30 Fri Aug 2024 | 26.10 | 25.60 | 26.90 | 22.30 | 0.759 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 |
Scroll below to view daily charts
Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of El Forge ( (ElForge) ) based on a short 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.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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.
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 losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of El Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.41 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of El Forge ( (ElForge) ) based on a short 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.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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.
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 losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of El Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.41 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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