(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 2025-01-30 View latest technical analysis
10 day averaged volume of El Forge is 16441
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu Jan 2025 | 25.88 | 25.92 | 26.35 | 25.40 | 1.093 times |
| 29 Wed Jan 2025 | 25.42 | 25.84 | 26.18 | 25.00 | 0.697 times |
| 28 Tue Jan 2025 | 24.94 | 25.50 | 26.19 | 24.23 | 1.287 times |
| 27 Mon Jan 2025 | 25.50 | 26.65 | 26.65 | 25.05 | 0.469 times |
| 24 Fri Jan 2025 | 26.34 | 26.05 | 26.56 | 25.70 | 0.378 times |
| 23 Thu Jan 2025 | 25.93 | 26.47 | 26.90 | 25.80 | 0.376 times |
| 22 Wed Jan 2025 | 25.98 | 27.45 | 27.45 | 25.10 | 0.624 times |
| 21 Tue Jan 2025 | 26.19 | 26.10 | 27.38 | 25.15 | 1.038 times |
| 20 Mon Jan 2025 | 26.19 | 25.27 | 27.91 | 25.27 | 1.933 times |
| 17 Fri Jan 2025 | 26.59 | 28.19 | 28.19 | 26.00 | 1.492 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.5 as stoploss in an intra day buy trade for a target of 28. However, stock will show a bearish move below 25.5.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 22.10 |
| Downside Target | 24.23 |
| Downside Target | 25.10 |
| Upside Target | 26.00 |
| Upside Target | 26.65 |
| Upside Target | 29.26 |
| Upside Target | 32.26 |
| Upside Target | 33.32 |
| Upside Target | 34.00 |
| Upside Target | 35.07 |
| Upside Target | 35.19 |
| Upside Target | 35.75 |
| Upside Target | 44.42 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 24.52 |
| Downside Intraday Target | 23.17 |
| Upside Intraday Target | 26.94 |
| Upside Intraday Target | 28.01 |
| Downside Intraday Target | 25.59 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu Jan 2025 | 25.88 | 26.65 | 26.65 | 24.23 | 0.815 times |
| 24 Fri Jan 2025 | 26.34 | 25.27 | 27.91 | 25.10 | 0.776 times |
| 17 Fri Jan 2025 | 26.59 | 29.60 | 29.83 | 26.00 | 1.176 times |
| 10 Fri Jan 2025 | 29.91 | 33.00 | 33.32 | 29.26 | 0.392 times |
| 03 Fri Jan 2025 | 32.36 | 35.75 | 35.75 | 32.26 | 0.937 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 |
| 30 Thu Jan 2025 | 25.88 | 32.51 | 35.07 | 24.23 | 0.232 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell 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 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 buy signal for El Forge in short term but BUY signal is weak.
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 25.94 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell 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 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 buy signal for El Forge in short term but BUY signal is weak.
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 25.94 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