(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 2024-10-22 View latest technical analysis
10 day averaged volume of El Forge is 41202
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 28.25 | 28.18 | 30.98 | 28.18 | 0.331 times |
| 21 Mon Oct 2024 | 29.66 | 32.37 | 32.37 | 29.42 | 0.748 times |
| 18 Fri Oct 2024 | 30.96 | 30.80 | 32.05 | 29.52 | 1.239 times |
| 17 Thu Oct 2024 | 30.89 | 30.84 | 30.89 | 29.44 | 2.663 times |
| 16 Wed Oct 2024 | 29.42 | 28.02 | 29.42 | 28.02 | 1 times |
| 15 Tue Oct 2024 | 28.02 | 28.98 | 29.34 | 28.01 | 1.346 times |
| 14 Mon Oct 2024 | 29.48 | 29.52 | 29.52 | 28.90 | 2.495 times |
| 11 Fri Oct 2024 | 28.12 | 28.12 | 28.12 | 28.12 | 0.096 times |
| 10 Thu Oct 2024 | 27.57 | 27.57 | 27.57 | 27.57 | 0.054 times |
| 09 Wed Oct 2024 | 27.03 | 26.59 | 27.03 | 26.59 | 0.161 times |
My analysis of stock is bearish for shortterm, and stock might move down till 27.4 or till 26. Use a stoploss of 28.53 and if the stock hits stoploss, then it can shoot up till 29.67
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 | 28.58 |
| Upside Target | 29.20 |
| Upside Target | 29.29 |
| Upside Target | 32.05 |
| Upside Target | 32.37 |
| Upside Target | 34.00 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 26.83 |
| Downside Intraday Target | 25.41 |
| Upside Intraday Target | 31.02 |
| Upside Intraday Target | 33.79 |
| Upside Intraday Target | 29.6 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 28.25 | 32.37 | 32.37 | 28.18 | 0.123 times |
| 18 Fri Oct 2024 | 30.96 | 29.52 | 32.05 | 28.01 | 14.146 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 |
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 |
| 22 Tue Oct 2024 | 28.25 | 29.29 | 32.37 | 26.33 | 0.477 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 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.
El Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 29.74 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 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.
El Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 29.74 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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