(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 2024-12-17 View latest technical analysis
10 day averaged volume of El Forge is 56409
Date | Daily Closing Price | Open | High | Low | Volume |
17 Tue Dec 2024 | 40.27 | 44.42 | 44.42 | 40.20 | 6.656 times |
16 Mon Dec 2024 | 42.31 | 41.80 | 42.31 | 41.20 | 0.45 times |
13 Fri Dec 2024 | 40.30 | 40.10 | 40.30 | 37.01 | 1.429 times |
12 Thu Dec 2024 | 38.39 | 35.01 | 38.39 | 35.00 | 0.874 times |
11 Wed Dec 2024 | 36.57 | 39.44 | 39.44 | 36.57 | 0.819 times |
10 Tue Dec 2024 | 38.49 | 38.54 | 38.54 | 37.25 | 2.624 times |
09 Mon Dec 2024 | 36.71 | 36.00 | 36.71 | 35.67 | 1.73 times |
06 Fri Dec 2024 | 34.97 | 35.00 | 35.30 | 34.01 | 0.324 times |
05 Thu Dec 2024 | 34.00 | 34.37 | 34.99 | 33.75 | 0.597 times |
04 Wed Dec 2024 | 34.36 | 34.89 | 35.00 | 33.61 | 0.892 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.4, but if it comes below 38.4, then a intra day sell could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 35.54 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 41.8 as target.
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 22.10 |
Downside Target | 26.90 |
Downside Target | 31.36 |
Downside Target | 32.20 |
Downside Target | 34.00 |
Downside Target | 34.70 |
Downside Target | 35.00 |
Downside Target | 35.19 |
Downside Target | 35.30 |
Downside Target | 40.20 |
Upside Target | 40.30 |
Upside Target | 44.42 |
Intraday share price targets for El Forge (ElForge)
Target Type | Value |
Downside Intraday Target | 38.84 |
Downside Intraday Target | 37.41 |
Upside Intraday Target | 43.06 |
Upside Intraday Target | 45.85 |
Upside Intraday Target | 41.63 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Tue Dec 2024 | 40.27 | 41.80 | 44.42 | 40.20 | 0.951 times |
13 Fri Dec 2024 | 40.30 | 36.00 | 40.30 | 35.00 | 2.235 times |
06 Fri Dec 2024 | 34.97 | 32.61 | 35.30 | 32.61 | 1.579 times |
29 Fri Nov 2024 | 34.03 | 33.95 | 34.98 | 32.20 | 1.236 times |
22 Fri Nov 2024 | 32.46 | 33.42 | 34.70 | 31.36 | 0.357 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 |
17 Tue Dec 2024 | 40.27 | 32.61 | 44.42 | 32.61 | 1.331 times |
29 Fri Nov 2024 | 34.03 | 27.96 | 35.19 | 27.11 | 1.106 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 |
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 Strong and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 38.73 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 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 Strong and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 38.73 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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