(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 2024-11-19 View latest technical analysis
10 day averaged volume of El Forge is 54996
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 33.10 | 32.00 | 33.10 | 32.00 | 0.45 times |
| 18 Mon Nov 2024 | 31.53 | 33.42 | 33.49 | 31.36 | 0.273 times |
| 14 Thu Nov 2024 | 32.89 | 31.34 | 32.90 | 29.78 | 0.993 times |
| 13 Wed Nov 2024 | 31.34 | 33.99 | 33.99 | 30.87 | 0.291 times |
| 12 Tue Nov 2024 | 32.49 | 34.87 | 35.19 | 32.48 | 1.018 times |
| 11 Mon Nov 2024 | 34.18 | 34.19 | 34.24 | 33.50 | 2.615 times |
| 08 Fri Nov 2024 | 32.61 | 33.71 | 33.71 | 31.60 | 0.845 times |
| 07 Thu Nov 2024 | 32.13 | 32.58 | 32.59 | 31.10 | 1.19 times |
| 06 Wed Nov 2024 | 31.10 | 29.01 | 31.17 | 29.01 | 0.671 times |
| 05 Tue Nov 2024 | 29.69 | 29.72 | 30.70 | 28.50 | 0.807 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.5, but if it comes below 32.5, then a intra day sell could be more profitable.
If you take a sell trade below 32.5, then use 32.5 as stoploss and 29.12 as target. However if you take a buy trade in stock , then use 32.5 as stoploss and 36.6 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 19.73 |
| Downside Target | 22.10 |
| Downside Target | 24.23 |
| Downside Target | 26.90 |
| Downside Target | 27.96 |
| Downside Target | 28.58 |
| Downside Target | 29.78 |
| Downside Target | 31.36 |
| Downside Target | 32.37 |
| Upside Target | 33.49 |
| Upside Target | 33.71 |
| Upside Target | 34.00 |
| Upside Target | 35.19 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 31.81 |
| Downside Intraday Target | 30.52 |
| Upside Intraday Target | 33.94 |
| Upside Intraday Target | 34.78 |
| Downside Intraday Target | 32.65 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 33.10 | 33.42 | 33.49 | 31.36 | 0.147 times |
| 14 Thu Nov 2024 | 32.89 | 34.19 | 35.19 | 29.78 | 1.022 times |
| 08 Fri Nov 2024 | 32.61 | 29.35 | 33.71 | 27.11 | 1.839 times |
| 01 Fri Nov 2024 | 27.96 | 23.75 | 27.96 | 22.10 | 1.035 times |
| 25 Fri Oct 2024 | 24.23 | 32.37 | 32.37 | 24.23 | 0.386 times |
Price has moved up 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 |
| 19 Tue Nov 2024 | 33.10 | 27.96 | 35.19 | 27.11 | 0.85 times |
| 31 Thu Oct 2024 | 26.63 | 29.29 | 32.37 | 22.10 | 0.716 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 |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of El Forge ( (ElForge) ) based on a short 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 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 Weak 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 32.6 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of El Forge ( (ElForge) ) based on a short 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 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 Weak 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 32.6 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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