(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 2024-01-18 View latest technical analysis
10 day averaged volume of El Forge is 35577
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Jan 2024 | 13.18 | 12.80 | 13.18 | 12.02 | 0.702 times |
17 Wed Jan 2024 | 12.56 | 12.80 | 13.40 | 12.35 | 0.265 times |
16 Tue Jan 2024 | 12.98 | 14.09 | 14.09 | 12.75 | 2.475 times |
15 Mon Jan 2024 | 13.42 | 13.93 | 13.93 | 13.10 | 2.37 times |
12 Fri Jan 2024 | 13.27 | 13.27 | 13.27 | 13.27 | 0.729 times |
11 Thu Jan 2024 | 12.64 | 12.64 | 12.64 | 12.59 | 0.888 times |
10 Wed Jan 2024 | 12.04 | 12.00 | 12.04 | 11.50 | 0.789 times |
09 Tue Jan 2024 | 11.47 | 11.81 | 11.81 | 11.35 | 1.074 times |
08 Mon Jan 2024 | 11.25 | 11.28 | 11.28 | 10.75 | 0.308 times |
05 Fri Jan 2024 | 10.75 | 11.00 | 11.21 | 10.50 | 0.972 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.6, but if it comes below 12.6, then a intra day sell could be more profitable.
If you take a sell trade below 12.6, then use 12.6 as stoploss and 11.38 as target. However if you take a buy trade in stock , then use 12.6 as stoploss and 14.1 as target.
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 9.15 |
Downside Target | 9.70 |
Downside Target | 10.20 |
Downside Target | 10.50 |
Downside Target | 10.75 |
Downside Target | 11.40 |
Downside Target | 11.85 |
Upside Target | 13.27 |
Upside Target | 13.78 |
Upside Target | 13.98 |
Upside Target | 14.09 |
Upside Target | 14.49 |
Intraday share price targets for El Forge (ElForge)
Target Type | Value |
Downside Intraday Target | 12.1 |
Downside Intraday Target | 11.03 |
Upside Intraday Target | 14.17 |
Upside Intraday Target | 15.17 |
Downside Intraday Target | 13.1 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Jan 2024 | 13.18 | 13.93 | 14.09 | 12.02 | 1.534 times |
12 Fri Jan 2024 | 13.27 | 11.28 | 13.27 | 10.75 | 2.618 times |
05 Fri Jan 2024 | 10.75 | 10.45 | 11.45 | 10.20 | 1.709 times |
29 Fri Dec 2023 | 10.45 | 9.70 | 11.40 | 9.70 | 0.844 times |
22 Fri Dec 2023 | 9.71 | 9.84 | 10.86 | 9.15 | 0.686 times |
Price has moved down 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 |
18 Thu Jan 2024 | 13.18 | 10.45 | 14.09 | 10.20 | 1.877 times |
29 Fri Dec 2023 | 10.45 | 11.65 | 11.85 | 9.15 | 0.331 times |
30 Thu Nov 2023 | 11.65 | 13.94 | 14.49 | 10.90 | 3.357 times |
31 Tue Oct 2023 | 13.33 | 12.70 | 13.78 | 11.56 | 0.127 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 12.59 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 12.59 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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