(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 2024-10-15 View latest technical analysis
10 day averaged volume of El Forge is 17726
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 28.02 | 28.98 | 29.34 | 28.01 | 3.13 times |
| 14 Mon Oct 2024 | 29.48 | 29.52 | 29.52 | 28.90 | 5.799 times |
| 11 Fri Oct 2024 | 28.12 | 28.12 | 28.12 | 28.12 | 0.224 times |
| 10 Thu Oct 2024 | 27.57 | 27.57 | 27.57 | 27.57 | 0.125 times |
| 09 Wed Oct 2024 | 27.03 | 26.59 | 27.03 | 26.59 | 0.374 times |
| 08 Tue Oct 2024 | 26.50 | 26.33 | 26.52 | 26.33 | 0.459 times |
| 07 Mon Oct 2024 | 26.86 | 27.00 | 27.00 | 26.86 | 0.255 times |
| 03 Thu Oct 2024 | 27.95 | 29.00 | 29.00 | 27.95 | 0.458 times |
| 01 Tue Oct 2024 | 28.51 | 29.29 | 29.29 | 28.15 | 1.062 times |
| 30 Mon Sep 2024 | 28.72 | 28.12 | 28.72 | 28.00 | 0.68 times |
Stock of El Forge (ElForge) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 27.4 or till 26.1. Use a stoploss of 28.53 and if the stock hits stoploss, then it can shoot up till 29.64
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 23.71 |
| Downside Target | 26.33 |
| Downside Target | 26.90 |
| Upside Target | 28.65 |
| Upside Target | 29.20 |
| Upside Target | 29.29 |
| Upside Target | 29.52 |
| Upside Target | 31.04 |
| Upside Target | 34.00 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 27.51 |
| Downside Intraday Target | 27.01 |
| Upside Intraday Target | 29.02 |
| Upside Intraday Target | 30.03 |
| Upside Intraday Target | 28.52 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 28.02 | 29.52 | 29.52 | 28.01 | 6.215 times |
| 11 Fri Oct 2024 | 28.12 | 27.00 | 28.12 | 26.33 | 0.653 times |
| 03 Thu Oct 2024 | 27.95 | 28.12 | 29.29 | 27.95 | 0.34 times |
| 27 Fri Sep 2024 | 28.17 | 28.08 | 29.20 | 27.52 | 1.182 times |
| 20 Fri Sep 2024 | 28.65 | 31.04 | 31.04 | 28.65 | 0.541 times |
Price has moved down 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 |
| 15 Tue Oct 2024 | 28.02 | 29.29 | 29.52 | 26.33 | 0.22 times |
| 30 Mon Sep 2024 | 28.72 | 27.40 | 34.00 | 27.40 | 1.154 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 |
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 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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
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 28.66 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 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 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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
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 28.66 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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