(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 2024-01-31 View latest technical analysis
10 day averaged volume of El Forge is 36291
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 12.69 | 12.35 | 12.90 | 12.10 | 0.537 times |
| 30 Tue Jan 2024 | 12.65 | 12.61 | 13.15 | 12.61 | 0.761 times |
| 29 Mon Jan 2024 | 12.58 | 12.54 | 13.16 | 12.54 | 0.299 times |
| 25 Thu Jan 2024 | 12.54 | 12.75 | 13.00 | 12.30 | 0.44 times |
| 24 Wed Jan 2024 | 12.75 | 13.97 | 13.97 | 12.65 | 1.371 times |
| 23 Tue Jan 2024 | 13.31 | 14.71 | 14.71 | 13.31 | 1.392 times |
| 22 Mon Jan 2024 | 14.01 | 13.35 | 14.01 | 13.10 | 1.152 times |
| 19 Fri Jan 2024 | 13.35 | 13.50 | 13.83 | 13.00 | 1.212 times |
| 18 Thu Jan 2024 | 13.18 | 12.80 | 13.18 | 12.02 | 0.688 times |
| 17 Wed Jan 2024 | 12.56 | 12.80 | 13.40 | 12.35 | 0.26 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.4 or till 14.6. Use a stoploss of 12.43 and if this stock hits its stoploss, then it can fall down till 11.46
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.50 |
| Downside Target | 10.75 |
| Downside Target | 11.45 |
| Downside Target | 11.85 |
| Upside Target | 13.16 |
| 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 | 12.14 |
| Downside Intraday Target | 11.59 |
| Upside Intraday Target | 13.2 |
| Upside Intraday Target | 13.71 |
| Downside Intraday Target | 12.65 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 12.69 | 12.54 | 13.16 | 12.10 | 0.367 times |
| 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 |
Price has moved up 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 |
| 31 Wed Jan 2024 | 12.69 | 10.45 | 14.71 | 10.20 | 3.118 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
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 13.11 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
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 13.11 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.
Click here for El Forge charts
Click here for further forecast and predictions for tomorrow