(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 2024-09-26 View latest technical analysis
10 day averaged volume of El Forge is 20241
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 28.64 | 28.57 | 28.64 | 28.57 | 1.097 times |
| 25 Wed Sep 2024 | 29.15 | 29.20 | 29.20 | 28.20 | 1.109 times |
| 24 Tue Sep 2024 | 28.64 | 27.52 | 28.64 | 27.52 | 2.793 times |
| 23 Mon Sep 2024 | 28.08 | 28.08 | 28.08 | 28.08 | 0.179 times |
| 20 Fri Sep 2024 | 28.65 | 29.81 | 29.81 | 28.65 | 2.561 times |
| 19 Thu Sep 2024 | 29.23 | 29.23 | 29.23 | 29.23 | 0.147 times |
| 18 Wed Sep 2024 | 29.82 | 29.82 | 29.82 | 29.82 | 0.205 times |
| 17 Tue Sep 2024 | 30.42 | 30.42 | 30.42 | 30.42 | 0.461 times |
| 16 Mon Sep 2024 | 31.04 | 31.04 | 31.04 | 31.04 | 1.426 times |
| 13 Fri Sep 2024 | 31.67 | 31.67 | 31.67 | 31.67 | 0.266 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28.2 as stoploss in an intra day buy trade for a target of 30.19. However, stock will show a bearish move below 28.2.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 14.60 |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 23.48 |
| Downside Target | 26.90 |
| Downside Target | 28.58 |
| Upside Target | 28.65 |
| Upside Target | 29.20 |
| Upside Target | 31.04 |
| Upside Target | 31.67 |
| Upside Target | 32.34 |
| Upside Target | 34.00 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 27.71 |
| Downside Intraday Target | 26.77 |
| Upside Intraday Target | 29.39 |
| Upside Intraday Target | 30.13 |
| Downside Intraday Target | 28.45 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 28.64 | 28.08 | 29.20 | 27.52 | 1.079 times |
| 20 Fri Sep 2024 | 28.65 | 31.04 | 31.04 | 28.65 | 0.541 times |
| 13 Fri Sep 2024 | 31.67 | 32.98 | 34.00 | 31.67 | 0.324 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 |
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 |
| 26 Thu Sep 2024 | 28.64 | 27.40 | 34.00 | 27.40 | 1.128 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 29.21 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 29.21 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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