(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 2024-03-01 View latest technical analysis
10 day averaged volume of El Forge is 13558
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 12.20 | 13.35 | 13.38 | 12.12 | 0.428 times |
| 29 Thu Feb 2024 | 12.75 | 12.60 | 12.75 | 11.60 | 0.751 times |
| 28 Wed Feb 2024 | 12.15 | 12.61 | 12.61 | 12.00 | 1.673 times |
| 27 Tue Feb 2024 | 12.01 | 12.00 | 12.60 | 12.00 | 2.017 times |
| 26 Mon Feb 2024 | 12.00 | 12.00 | 12.01 | 11.35 | 0.755 times |
| 23 Fri Feb 2024 | 11.91 | 11.00 | 12.04 | 10.90 | 2.124 times |
| 22 Thu Feb 2024 | 11.47 | 12.60 | 12.60 | 11.40 | 0.319 times |
| 21 Wed Feb 2024 | 12.00 | 12.90 | 12.90 | 11.70 | 0.6 times |
| 20 Tue Feb 2024 | 12.30 | 12.50 | 12.51 | 11.80 | 0.698 times |
| 19 Mon Feb 2024 | 11.92 | 11.65 | 12.23 | 11.65 | 0.213 times |
My analysis of stock is bullish for shortterm, and stock might move up till 12.5 or till 12.9. Use a stoploss of 12.16 and if this stock hits its stoploss, then it can fall down till 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 | 13.16 |
| Upside Target | 13.38 |
| Upside Target | 13.63 |
| Upside Target | 14.49 |
| Upside Target | 14.71 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 11.24 |
| Downside Intraday Target | 10.28 |
| Upside Intraday Target | 13.27 |
| Upside Intraday Target | 14.34 |
| Upside Intraday Target | 12.31 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 12.20 | 12.00 | 13.38 | 11.35 | 1.422 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 |
| 01 Fri Mar 2024 | 12.20 | 13.35 | 13.38 | 12.12 | 0.014 times |
| 29 Thu Feb 2024 | 12.75 | 12.50 | 13.63 | 10.90 | 0.652 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 |
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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of El Forge ( (ElForge) ) based on a mid to longer 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.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Weak and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for El Forge in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 12.08 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 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of El Forge ( (ElForge) ) based on a mid to longer 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.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Weak and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for El Forge in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 12.08 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 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 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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