(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 2024-05-23 View latest technical analysis
10 day averaged volume of El Forge is 21057
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 17.68 | 17.68 | 17.68 | 17.68 | 0.194 times |
| 22 Wed May 2024 | 18.04 | 18.04 | 18.04 | 18.04 | 0.364 times |
| 21 Tue May 2024 | 18.40 | 18.45 | 18.45 | 18.40 | 0.868 times |
| 18 Sat May 2024 | 18.77 | 18.77 | 18.77 | 18.77 | 0.019 times |
| 17 Fri May 2024 | 19.15 | 19.11 | 19.19 | 17.40 | 2.112 times |
| 16 Thu May 2024 | 18.28 | 18.27 | 18.28 | 17.57 | 1.06 times |
| 15 Wed May 2024 | 17.41 | 17.35 | 17.41 | 16.72 | 1.249 times |
| 14 Tue May 2024 | 16.59 | 15.80 | 16.59 | 15.79 | 0.737 times |
| 13 Mon May 2024 | 15.80 | 14.60 | 15.80 | 14.60 | 1.581 times |
| 10 Fri May 2024 | 15.05 | 15.05 | 15.05 | 15.05 | 1.148 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.5 or till 14.4. Use a stoploss of 18.18 and if the stock hits stoploss, then it can shoot up till 19.88
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 | 13.63 |
| Downside Target | 14.60 |
| Downside Target | 15.05 |
| Downside Target | 15.47 |
| Downside Target | 16.96 |
| Downside Target | 17.68 |
| Upside Target | 18.45 |
| Upside Target | 19.19 |
| 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 | 17.42 |
| Downside Intraday Target | 17.17 |
| Upside Intraday Target | 18.19 |
| Upside Intraday Target | 18.71 |
| Upside Intraday Target | 17.94 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 17.68 | 18.45 | 18.45 | 17.68 | 0.211 times |
| 18 Sat May 2024 | 18.77 | 14.60 | 19.19 | 14.60 | 0.429 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 |
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 |
| 23 Thu May 2024 | 17.68 | 19.70 | 19.70 | 14.60 | 0.461 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 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 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 SELL signal for El Forge in short term but the sell signal is initial and weak.
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 in or below 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 and the buying is gaining 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 17.4 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 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 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 SELL signal for El Forge in short term but the sell signal is initial and weak.
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 in or below 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 and the buying is gaining 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 17.4 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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