(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 2024-02-26 View latest technical analysis
10 day averaged volume of El Forge is 11131
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 12.00 | 12.00 | 12.01 | 11.35 | 0.919 times |
| 23 Fri Feb 2024 | 11.91 | 11.00 | 12.04 | 10.90 | 2.587 times |
| 22 Thu Feb 2024 | 11.47 | 12.60 | 12.60 | 11.40 | 0.389 times |
| 21 Wed Feb 2024 | 12.00 | 12.90 | 12.90 | 11.70 | 0.73 times |
| 20 Tue Feb 2024 | 12.30 | 12.50 | 12.51 | 11.80 | 0.85 times |
| 19 Mon Feb 2024 | 11.92 | 11.65 | 12.23 | 11.65 | 0.26 times |
| 16 Fri Feb 2024 | 11.65 | 11.80 | 12.00 | 11.55 | 1.035 times |
| 15 Thu Feb 2024 | 12.00 | 12.00 | 12.05 | 11.80 | 0.611 times |
| 14 Wed Feb 2024 | 12.00 | 11.50 | 12.00 | 11.50 | 1.151 times |
| 13 Tue Feb 2024 | 12.05 | 12.05 | 12.55 | 11.50 | 0.711 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.8 as stoploss in an intra day buy trade for a target of 12.21. However, stock will show a bearish move below 11.8.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.90 |
| Downside Target | 11.35 |
| Downside Target | 11.85 |
| Upside Target | 12.90 |
| Upside Target | 12.91 |
| Upside Target | 13.16 |
| Upside Target | 13.63 |
| Upside Target | 13.78 |
| Upside Target | 14.49 |
| Upside Target | 14.71 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 11.56 |
| Downside Intraday Target | 11.13 |
| Upside Intraday Target | 12.22 |
| Upside Intraday Target | 12.45 |
| Downside Intraday Target | 11.79 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 12.00 | 12.00 | 12.01 | 11.35 | 0.191 times |
| 23 Fri Feb 2024 | 11.91 | 11.65 | 12.90 | 10.90 | 0.929 times |
| 16 Fri Feb 2024 | 11.65 | 12.91 | 12.91 | 11.50 | 0.268 times |
| 09 Fri Feb 2024 | 12.30 | 12.68 | 13.63 | 12.00 | 2.496 times |
| 02 Fri Feb 2024 | 12.68 | 12.54 | 13.16 | 11.85 | 0.547 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 |
| 26 Mon Feb 2024 | 12.00 | 12.50 | 13.63 | 10.90 | 0.56 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 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 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 losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term but BUY signal is weak.
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
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 11.94 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 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 negative.
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 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 losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term but BUY signal is weak.
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
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 11.94 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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