(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 2024-01-25 View latest technical analysis
10 day averaged volume of El Forge is 45030
Date | Daily Closing Price | Open | High | Low | Volume |
25 Thu Jan 2024 | 12.54 | 12.75 | 13.00 | 12.30 | 0.355 times |
24 Wed Jan 2024 | 12.75 | 13.97 | 13.97 | 12.65 | 1.105 times |
23 Tue Jan 2024 | 13.31 | 14.71 | 14.71 | 13.31 | 1.121 times |
22 Mon Jan 2024 | 14.01 | 13.35 | 14.01 | 13.10 | 0.928 times |
19 Fri Jan 2024 | 13.35 | 13.50 | 13.83 | 13.00 | 0.976 times |
18 Thu Jan 2024 | 13.18 | 12.80 | 13.18 | 12.02 | 0.555 times |
17 Wed Jan 2024 | 12.56 | 12.80 | 13.40 | 12.35 | 0.209 times |
16 Tue Jan 2024 | 12.98 | 14.09 | 14.09 | 12.75 | 1.955 times |
15 Mon Jan 2024 | 13.42 | 13.93 | 13.93 | 13.10 | 1.872 times |
12 Fri Jan 2024 | 13.27 | 13.27 | 13.27 | 13.27 | 0.576 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.3 or till 14.7. Use a stoploss of 12.14 and if this stock hits its stoploss, then it can fall down till 10.99
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 | 12.30 |
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 | 11.66 |
Downside Intraday Target | 10.77 |
Upside Intraday Target | 14.07 |
Upside Intraday Target | 15.59 |
Upside Intraday Target | 13.18 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Thu Jan 2024 | 12.54 | 13.35 | 14.71 | 12.30 | 0.63 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 |
25 Thu Jan 2024 | 12.54 | 10.45 | 14.71 | 10.20 | 2.841 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 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 Weak 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. Bears are getting stronger in this stock.
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 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 13.22 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 has given negative 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 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 Weak 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. Bears are getting stronger in this stock.
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 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 13.22 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 has given negative 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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