(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 2024-11-27 View latest technical analysis
10 day averaged volume of El Forge is 41465
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Nov 2024 | 34.09 | 33.90 | 34.50 | 32.20 | 0.695 times |
| 26 Tue Nov 2024 | 33.11 | 34.00 | 34.90 | 32.83 | 0.483 times |
| 25 Mon Nov 2024 | 33.84 | 33.95 | 34.08 | 32.51 | 0.665 times |
| 22 Fri Nov 2024 | 32.46 | 33.70 | 33.97 | 31.61 | 0.849 times |
| 21 Thu Nov 2024 | 32.58 | 34.70 | 34.70 | 32.35 | 0.523 times |
| 19 Tue Nov 2024 | 33.10 | 32.00 | 33.10 | 32.00 | 0.596 times |
| 18 Mon Nov 2024 | 31.53 | 33.42 | 33.49 | 31.36 | 0.363 times |
| 14 Thu Nov 2024 | 32.89 | 31.34 | 32.90 | 29.78 | 1.317 times |
| 13 Wed Nov 2024 | 31.34 | 33.99 | 33.99 | 30.87 | 0.387 times |
| 12 Tue Nov 2024 | 32.49 | 34.87 | 35.19 | 32.48 | 1.35 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.9, but if it comes below 33.9, then a intra day sell could be more profitable.
If you take a sell trade below 33.9, then use 33.9 as stoploss and 31.03 as target. However if you take a buy trade in stock , then use 33.9 as stoploss and 37.3 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 19.73 |
| Downside Target | 22.10 |
| Downside Target | 26.90 |
| Downside Target | 27.96 |
| Downside Target | 28.58 |
| Downside Target | 29.78 |
| Downside Target | 31.36 |
| Downside Target | 32.20 |
| Downside Target | 33.71 |
| Downside Target | 34.00 |
| Upside Target | 34.70 |
| Upside Target | 34.90 |
| Upside Target | 35.19 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 32.56 |
| Downside Intraday Target | 31.03 |
| Upside Intraday Target | 35.26 |
| Upside Intraday Target | 36.43 |
| Downside Intraday Target | 33.73 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Nov 2024 | 34.09 | 33.95 | 34.90 | 32.20 | 0.791 times |
| 22 Fri Nov 2024 | 32.46 | 33.42 | 34.70 | 31.36 | 0.357 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 |
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 |
| 27 Wed Nov 2024 | 34.09 | 27.96 | 35.19 | 27.11 | 1.044 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 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 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 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 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 above the green cloud Prices appear to be moving up
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
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 32.83 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 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 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 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 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 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 above the green cloud Prices appear to be moving up
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
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 32.83 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 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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