(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 2024-05-15 View latest technical analysis
10 day averaged volume of El Forge is 53012
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 17.41 | 17.35 | 17.41 | 16.72 | 0.496 times |
| 14 Tue May 2024 | 16.59 | 15.80 | 16.59 | 15.79 | 0.293 times |
| 13 Mon May 2024 | 15.80 | 14.60 | 15.80 | 14.60 | 0.628 times |
| 10 Fri May 2024 | 15.05 | 15.05 | 15.05 | 15.05 | 0.456 times |
| 09 Thu May 2024 | 15.84 | 15.84 | 15.84 | 15.84 | 0.342 times |
| 08 Wed May 2024 | 16.67 | 16.35 | 17.45 | 16.35 | 1.681 times |
| 07 Tue May 2024 | 17.21 | 16.91 | 18.67 | 16.91 | 3.64 times |
| 06 Mon May 2024 | 17.79 | 17.79 | 17.79 | 17.79 | 0.142 times |
| 03 Fri May 2024 | 18.72 | 18.72 | 18.72 | 18.72 | 0.136 times |
| 02 Thu May 2024 | 19.70 | 19.70 | 19.70 | 19.70 | 0.351 times |
My analysis of stock is bearish for shortterm, and stock might move down till 15.7 or till 13.4. Use a stoploss of 17.66 and if the stock hits stoploss, then it can shoot up till 19.61
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 | 14.60 |
| Downside Target | 15.05 |
| Downside Target | 15.47 |
| Downside Target | 16.17 |
| Downside Target | 16.96 |
| Downside Target | 17.41 |
| Upside Target | 18.67 |
| Upside 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 | 15.54 |
| Downside Intraday Target | 13.66 |
| Upside Intraday Target | 18.35 |
| Upside Intraday Target | 19.28 |
| Downside Intraday Target | 16.47 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 17.41 | 14.60 | 17.41 | 14.60 | 0.226 times |
| 10 Fri May 2024 | 15.05 | 17.79 | 18.67 | 15.05 | 1.959 times |
| 03 Fri May 2024 | 18.72 | 21.63 | 22.71 | 18.72 | 0.698 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 |
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 |
| 15 Wed May 2024 | 17.41 | 19.70 | 19.70 | 14.60 | 0.377 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.94 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.94 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 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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