(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 2024-03-14 View latest technical analysis
10 day averaged volume of El Forge is 27302
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 10.68 | 10.68 | 10.68 | 10.00 | 5.04 times |
| 13 Wed Mar 2024 | 10.18 | 10.18 | 10.18 | 10.18 | 0.216 times |
| 12 Tue Mar 2024 | 9.70 | 9.70 | 9.70 | 9.70 | 0.083 times |
| 11 Mon Mar 2024 | 9.24 | 10.20 | 10.20 | 9.24 | 4.001 times |
| 07 Thu Mar 2024 | 9.72 | 10.23 | 10.70 | 9.72 | 1.263 times |
| 06 Wed Mar 2024 | 10.23 | 10.00 | 10.45 | 9.98 | 0.621 times |
| 05 Tue Mar 2024 | 10.50 | 11.05 | 11.60 | 10.50 | 0.29 times |
| 04 Mon Mar 2024 | 11.05 | 11.63 | 12.21 | 11.05 | 2.648 times |
| 02 Sat Mar 2024 | 11.63 | 12.79 | 12.79 | 11.59 | 0.292 times |
| 01 Fri Mar 2024 | 12.20 | 13.35 | 13.38 | 12.12 | 0.212 times |
Stock of El Forge (ElForge) has showed a significant upmove. This could be a good time to enter in this stock!
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 10.3 as stoploss in an intra day buy trade for a target of 11.26. However, stock will show a bearish move below 10.3.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 9.72 |
| Downside Target | 10.20 |
| Downside Target | 10.68 |
| Upside Target | 10.90 |
| Upside Target | 11.35 |
| Upside Target | 11.85 |
| Upside Target | 12.21 |
| Upside Target | 12.90 |
| 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 | 9.72 |
| Downside Intraday Target | 8.76 |
| Upside Intraday Target | 11.16 |
| Upside Intraday Target | 11.64 |
| Downside Intraday Target | 10.2 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 10.68 | 10.20 | 10.68 | 9.24 | 1.938 times |
| 07 Thu Mar 2024 | 9.72 | 11.63 | 12.21 | 9.72 | 1.563 times |
| 02 Sat Mar 2024 | 11.63 | 12.00 | 13.38 | 11.35 | 1.571 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of El Forge (ElForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 10.68 | 13.35 | 13.38 | 9.24 | 0.94 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 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 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 losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above 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 but selling is losing 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 10.28 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 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 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 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 losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above 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 but selling is losing 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 10.28 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 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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