(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 2025-01-07 View latest technical analysis
10 day averaged volume of El Forge is 44919
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Jan 2025 | 32.14 | 29.26 | 32.32 | 29.26 | 0.45 times |
| 06 Mon Jan 2025 | 30.79 | 33.00 | 33.01 | 30.75 | 0.806 times |
| 03 Fri Jan 2025 | 32.36 | 34.97 | 34.97 | 32.26 | 1.318 times |
| 02 Thu Jan 2025 | 33.50 | 35.07 | 35.07 | 33.02 | 0.712 times |
| 01 Wed Jan 2025 | 34.26 | 32.51 | 34.47 | 32.51 | 0.458 times |
| 31 Tue Dec 2024 | 33.07 | 34.62 | 34.65 | 32.40 | 0.972 times |
| 30 Mon Dec 2024 | 33.08 | 35.75 | 35.75 | 32.48 | 0.986 times |
| 27 Fri Dec 2024 | 34.18 | 33.99 | 34.20 | 33.00 | 0.898 times |
| 26 Thu Dec 2024 | 32.69 | 34.20 | 34.92 | 32.49 | 1.545 times |
| 24 Tue Dec 2024 | 34.20 | 36.56 | 36.56 | 34.20 | 0.748 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.7, but if it comes above 32.7, then a intra day buy could be more profitable.
If you take a sell trade below 32.7, then use 32.7 as stoploss and 28.8 as target. However if you take a buy trade in stock , then use 32.7 as stoploss and 35.91 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 22.10 |
| Downside Target | 27.11 |
| Downside Target | 29.26 |
| Upside Target | 32.26 |
| Upside Target | 34.00 |
| Upside Target | 35.00 |
| Upside Target | 35.19 |
| Upside Target | 35.75 |
| Upside Target | 36.35 |
| Upside Target | 37.99 |
| Upside Target | 40.30 |
| Upside Target | 44.42 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 29.93 |
| Downside Intraday Target | 27.72 |
| Upside Intraday Target | 33.68 |
| Upside Intraday Target | 35.22 |
| Downside Intraday Target | 31.47 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Jan 2025 | 32.14 | 33.00 | 33.01 | 29.26 | 0.282 times |
| 03 Fri Jan 2025 | 32.36 | 35.75 | 35.75 | 32.26 | 0.937 times |
| 27 Fri Dec 2024 | 34.18 | 36.10 | 37.99 | 32.49 | 0.246 times |
| 20 Fri Dec 2024 | 37.71 | 41.80 | 44.42 | 36.35 | 2.058 times |
| 13 Fri Dec 2024 | 40.30 | 36.00 | 40.30 | 35.00 | 2.235 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 |
| 07 Tue Jan 2025 | 32.14 | 32.51 | 35.07 | 29.26 | 0.094 times |
| 31 Tue Dec 2024 | 33.07 | 32.61 | 44.42 | 32.40 | 2.342 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 |
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for El Forge in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 32.95 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for El Forge in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 32.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for El Forge charts
Click here for further forecast and predictions for tomorrow