(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 2024-05-16 View latest technical analysis
10 day averaged volume of El Forge is 43285
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 18.28 | 18.27 | 18.28 | 17.57 | 0.516 times |
| 15 Wed May 2024 | 17.41 | 17.35 | 17.41 | 16.72 | 0.608 times |
| 14 Tue May 2024 | 16.59 | 15.80 | 16.59 | 15.79 | 0.359 times |
| 13 Mon May 2024 | 15.80 | 14.60 | 15.80 | 14.60 | 0.769 times |
| 10 Fri May 2024 | 15.05 | 15.05 | 15.05 | 15.05 | 0.558 times |
| 09 Thu May 2024 | 15.84 | 15.84 | 15.84 | 15.84 | 0.419 times |
| 08 Wed May 2024 | 16.67 | 16.35 | 17.45 | 16.35 | 2.059 times |
| 07 Tue May 2024 | 17.21 | 16.91 | 18.67 | 16.91 | 4.458 times |
| 06 Mon May 2024 | 17.79 | 17.79 | 17.79 | 17.79 | 0.174 times |
| 03 Fri May 2024 | 18.72 | 18.72 | 18.72 | 18.72 | 0.166 times |
My analysis of stock is bullish for shortterm, and stock might move up till 19.7 or till 21.9. Use a stoploss of 17.83 and if this stock hits its stoploss, then it can fall down till 15.99
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 | 18.28 |
| 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 | 15.83 |
| Downside Intraday Target | 13.37 |
| Upside Intraday Target | 19.51 |
| Upside Intraday Target | 20.73 |
| Downside Intraday Target | 17.05 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 18.28 | 14.60 | 18.28 | 14.60 | 0.294 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 |
| 16 Thu May 2024 | 18.28 | 19.70 | 19.70 | 14.60 | 0.396 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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. Bulls are getting stronger in this stock.
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 16.9 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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. Bulls are getting stronger in this stock.
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 16.9 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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