(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 2024-02-01 View latest technical analysis
10 day averaged volume of El Forge is 29435
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 12.10 | 12.50 | 12.89 | 12.06 | 0.677 times |
| 31 Wed Jan 2024 | 12.69 | 12.35 | 12.90 | 12.10 | 0.662 times |
| 30 Tue Jan 2024 | 12.65 | 12.61 | 13.15 | 12.61 | 0.939 times |
| 29 Mon Jan 2024 | 12.58 | 12.54 | 13.16 | 12.54 | 0.368 times |
| 25 Thu Jan 2024 | 12.54 | 12.75 | 13.00 | 12.30 | 0.542 times |
| 24 Wed Jan 2024 | 12.75 | 13.97 | 13.97 | 12.65 | 1.69 times |
| 23 Tue Jan 2024 | 13.31 | 14.71 | 14.71 | 13.31 | 1.716 times |
| 22 Mon Jan 2024 | 14.01 | 13.35 | 14.01 | 13.10 | 1.42 times |
| 19 Fri Jan 2024 | 13.35 | 13.50 | 13.83 | 13.00 | 1.494 times |
| 18 Thu Jan 2024 | 13.18 | 12.80 | 13.18 | 12.02 | 0.849 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11.6 or till 10.6. Use a stoploss of 12.51 and if the stock hits stoploss, then it can shoot up till 13.38
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.75 |
| Downside Target | 11.45 |
| Downside Target | 11.85 |
| Upside Target | 12.89 |
| Upside Target | 13.16 |
| Upside Target | 13.27 |
| Upside Target | 13.78 |
| 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 | 11.72 |
| Downside Intraday Target | 11.34 |
| Upside Intraday Target | 12.82 |
| Upside Intraday Target | 13.54 |
| Upside Intraday Target | 12.44 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 12.10 | 12.54 | 13.16 | 12.06 | 0.493 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 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 |
| 01 Thu Feb 2024 | 12.10 | 12.50 | 12.89 | 12.06 | 0.031 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 gaining 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 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 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 13.06 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 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 gaining 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 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 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 13.06 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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