(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 58694
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 27.22 | 27.22 | 27.22 | 27.22 | 0.392 times |
| 11 Thu Jul 2024 | 25.93 | 25.50 | 25.93 | 25.50 | 0.701 times |
| 10 Wed Jul 2024 | 24.70 | 24.62 | 24.72 | 22.38 | 3.495 times |
| 09 Tue Jul 2024 | 23.55 | 22.90 | 23.55 | 22.00 | 1.512 times |
| 08 Mon Jul 2024 | 22.43 | 22.43 | 22.43 | 21.34 | 1.708 times |
| 05 Fri Jul 2024 | 21.37 | 21.37 | 21.37 | 21.37 | 0.153 times |
| 04 Thu Jul 2024 | 20.96 | 20.95 | 20.96 | 20.95 | 0.424 times |
| 03 Wed Jul 2024 | 20.55 | 20.55 | 20.55 | 20.55 | 0.809 times |
| 02 Tue Jul 2024 | 20.15 | 20.15 | 20.15 | 20.15 | 0.785 times |
| 01 Mon Jul 2024 | 19.76 | 19.73 | 19.76 | 19.73 | 0.324 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.3, for a target of 24 or 22.12
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.24 |
| Downside Target | 12.58 |
| Downside Target | 14.60 |
| Downside Target | 15.47 |
| Downside Target | 19.73 |
| Downside Target | 21.34 |
| Downside Target | 21.50 |
| Downside Target | 22.71 |
| Downside Target | 22.80 |
| Downside Target | 23.71 |
| Downside Target | 27.22 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 23.3 |
| Downside Intraday Target | 19.38 |
| Upside Intraday Target | 29.18 |
| Upside Intraday Target | 31.14 |
| Downside Intraday Target | 25.26 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 27.22 | 22.43 | 27.22 | 21.34 | 3.129 times |
| 05 Fri Jul 2024 | 21.37 | 19.73 | 21.37 | 19.73 | 1.287 times |
| 28 Fri Jun 2024 | 20.13 | 21.48 | 21.48 | 20.13 | 0.67 times |
| 21 Fri Jun 2024 | 21.48 | 23.71 | 23.71 | 21.48 | 2.827 times |
| 14 Fri Jun 2024 | 22.80 | 21.50 | 22.80 | 21.50 | 0.338 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of El Forge (ElForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 27.22 | 19.73 | 27.22 | 19.73 | 1.16 times |
| 28 Fri Jun 2024 | 20.13 | 20.28 | 23.71 | 20.02 | 0.83 times |
| 31 Fri May 2024 | 19.89 | 19.70 | 19.89 | 14.60 | 0.546 times |
| 30 Tue Apr 2024 | 20.73 | 14.25 | 22.71 | 12.58 | 0.948 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 moving up
CCI has generated a buy signal for El Forge in short term and BUY 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
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 23.3 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 moving up
CCI has generated a buy signal for El Forge in short term and BUY 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
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 23.3 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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