(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 2024-01-24 View latest technical analysis
10 day averaged volume of El Forge is 42863
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 12.75 | 13.97 | 13.97 | 12.65 | 1.161 times |
| 23 Tue Jan 2024 | 13.31 | 14.71 | 14.71 | 13.31 | 1.178 times |
| 22 Mon Jan 2024 | 14.01 | 13.35 | 14.01 | 13.10 | 0.975 times |
| 19 Fri Jan 2024 | 13.35 | 13.50 | 13.83 | 13.00 | 1.026 times |
| 18 Thu Jan 2024 | 13.18 | 12.80 | 13.18 | 12.02 | 0.583 times |
| 17 Wed Jan 2024 | 12.56 | 12.80 | 13.40 | 12.35 | 0.22 times |
| 16 Tue Jan 2024 | 12.98 | 14.09 | 14.09 | 12.75 | 2.054 times |
| 15 Mon Jan 2024 | 13.42 | 13.93 | 13.93 | 13.10 | 1.967 times |
| 12 Fri Jan 2024 | 13.27 | 13.27 | 13.27 | 13.27 | 0.605 times |
| 11 Thu Jan 2024 | 12.64 | 12.64 | 12.64 | 12.59 | 0.737 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.2 as stoploss in an intra day sell trade for a target of 12.06. However, stock will show a bullish move above 13.2.
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 |
| Downside Target | 12.65 |
| Upside Target | 13.27 |
| Upside Target | 13.78 |
| Upside Target | 13.98 |
| Upside Target | 14.09 |
| Upside Target | 14.49 |
| Upside Target | 14.71 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 12.03 |
| Downside Intraday Target | 11.31 |
| Upside Intraday Target | 14.09 |
| Upside Intraday Target | 15.43 |
| Upside Intraday Target | 13.37 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 12.75 | 13.35 | 14.71 | 12.65 | 0.567 times |
| 19 Fri Jan 2024 | 13.35 | 13.93 | 14.09 | 12.02 | 1.861 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 |
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 |
| 24 Wed Jan 2024 | 12.75 | 10.45 | 14.71 | 10.20 | 2.765 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
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 in or below the green 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 SELL signal in short term and selling is picking up 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 13.2 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
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 in or below the green 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 SELL signal in short term and selling is picking up 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 13.2 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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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