(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 2024-05-02 View latest technical analysis
10 day averaged volume of El Forge is 57129
Date | Daily Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 19.70 | 19.70 | 19.70 | 19.70 | 0.326 times |
30 Tue Apr 2024 | 20.73 | 22.71 | 22.71 | 20.55 | 2.163 times |
29 Mon Apr 2024 | 21.63 | 21.63 | 21.63 | 21.63 | 0.351 times |
26 Fri Apr 2024 | 20.60 | 20.60 | 20.60 | 20.60 | 0.767 times |
25 Thu Apr 2024 | 19.62 | 19.62 | 19.62 | 19.50 | 0.295 times |
24 Wed Apr 2024 | 18.69 | 18.69 | 18.69 | 17.81 | 2.415 times |
23 Tue Apr 2024 | 17.80 | 17.80 | 17.80 | 17.80 | 0.47 times |
22 Mon Apr 2024 | 16.96 | 16.96 | 16.96 | 16.96 | 0.299 times |
19 Fri Apr 2024 | 16.16 | 14.85 | 16.17 | 14.85 | 0.93 times |
18 Thu Apr 2024 | 15.40 | 14.51 | 15.47 | 14.51 | 2.031 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.1, but if it comes below 19.1, then a intra day sell could be more profitable.
If you take a sell trade below 19.1, then use 19.1 as stoploss and 16.3 as target. However if you take a buy trade in stock , then use 19.1 as stoploss and 22.5 as target.
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 9.24 |
Downside Target | 10.20 |
Downside Target | 10.90 |
Downside Target | 12.58 |
Downside Target | 13.13 |
Downside Target | 13.63 |
Downside Target | 14.45 |
Downside Target | 15.47 |
Downside Target | 16.17 |
Downside Target | 16.96 |
Downside Target | 19.70 |
Upside Target | 20.60 |
Upside Target | 22.71 |
Intraday share price targets for El Forge (ElForge)
Target Type | Value |
Downside Intraday Target | 18.7 |
Downside Intraday Target | 17.69 |
Upside Intraday Target | 21.71 |
Upside Intraday Target | 23.71 |
Upside Intraday Target | 20.7 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 19.70 | 21.63 | 22.71 | 19.70 | 0.669 times |
26 Fri Apr 2024 | 20.60 | 16.96 | 20.60 | 16.96 | 1.086 times |
19 Fri Apr 2024 | 16.16 | 14.20 | 16.17 | 13.13 | 0.684 times |
12 Fri Apr 2024 | 13.62 | 13.82 | 14.45 | 12.58 | 1.531 times |
05 Fri Apr 2024 | 13.98 | 14.25 | 14.67 | 13.17 | 0.507 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 |
02 Thu May 2024 | 19.70 | 19.70 | 19.70 | 19.70 | 0.016 times |
30 Tue Apr 2024 | 20.73 | 14.25 | 22.71 | 12.58 | 0.948 times |
28 Thu Mar 2024 | 13.85 | 13.35 | 15.47 | 9.24 | 2.845 times |
29 Thu Feb 2024 | 12.75 | 12.50 | 13.63 | 10.90 | 0.652 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 18.45 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 18.45 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 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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