(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)
10 day averaged volume of El Forge is 15675
Date | Daily Closing Price | Open | High | Low | Volume |
28 Tue Jan 2025 | 24.94 | 25.50 | 26.19 | 24.23 | 1.35 times |
27 Mon Jan 2025 | 25.50 | 26.65 | 26.65 | 25.05 | 0.492 times |
24 Fri Jan 2025 | 26.34 | 26.05 | 26.56 | 25.70 | 0.396 times |
23 Thu Jan 2025 | 25.93 | 26.47 | 26.90 | 25.80 | 0.395 times |
22 Wed Jan 2025 | 25.98 | 27.45 | 27.45 | 25.10 | 0.654 times |
21 Tue Jan 2025 | 26.19 | 26.10 | 27.38 | 25.15 | 1.089 times |
20 Mon Jan 2025 | 26.19 | 25.27 | 27.91 | 25.27 | 2.027 times |
17 Fri Jan 2025 | 26.59 | 28.19 | 28.19 | 26.00 | 1.565 times |
16 Thu Jan 2025 | 27.30 | 28.42 | 29.00 | 26.98 | 1.789 times |
15 Wed Jan 2025 | 28.40 | 28.60 | 29.00 | 28.02 | 0.947 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26, but if it comes above 26, then a intra day buy could be more profitable.
If you take a sell trade below 26, then use 26 as stoploss and 22.5 as target. However if you take a buy trade in stock , then use 26 as stoploss and 28.83 as target.
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 22.10 |
Downside Target | 24.23 |
Upside 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 | 23.9 |
Downside Intraday Target | 22.85 |
Upside Intraday Target | 26.32 |
Upside Intraday Target | 27.69 |
Upside Intraday Target | 25.27 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Tue Jan 2025 | 24.94 | 26.65 | 26.65 | 24.23 | 0.404 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 |
28 Tue Jan 2025 | 24.94 | 32.51 | 35.07 | 24.23 | 0.215 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 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 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 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 coming down
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 and the buying is gaining 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 26.42 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 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 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 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 coming down
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 and the buying is gaining 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 26.42 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.
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