(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 2024-06-21 View latest technical analysis
10 day averaged volume of El Forge is 24881
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 21.48 | 21.48 | 21.48 | 21.48 | 0.715 times |
| 20 Thu Jun 2024 | 21.91 | 21.91 | 21.91 | 21.91 | 1.889 times |
| 19 Wed Jun 2024 | 22.35 | 22.34 | 22.35 | 22.34 | 0.811 times |
| 18 Tue Jun 2024 | 22.79 | 23.71 | 23.71 | 22.79 | 3.409 times |
| 14 Fri Jun 2024 | 22.80 | 22.80 | 22.80 | 22.80 | 0.542 times |
| 13 Thu Jun 2024 | 22.80 | 22.80 | 22.80 | 22.80 | 0.542 times |
| 12 Wed Jun 2024 | 22.36 | 22.36 | 22.36 | 22.36 | 0.389 times |
| 11 Tue Jun 2024 | 21.93 | 21.93 | 21.93 | 21.93 | 0.565 times |
| 10 Mon Jun 2024 | 21.50 | 21.50 | 21.50 | 21.50 | 0.376 times |
| 07 Fri Jun 2024 | 21.08 | 21.08 | 21.08 | 21.08 | 0.68 times |
My analysis of stock is bullish for shortterm, and stock might move up till 22.3 or till 24.1. Use a stoploss of 20.83 and if this stock hits its stoploss, then it can fall down till 19.35
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.24 |
| Downside Target | 10.90 |
| Downside Target | 12.58 |
| Downside Target | 13.63 |
| Downside Target | 14.60 |
| Downside Target | 15.47 |
| Downside Target | 17.68 |
| Downside Target | 18.39 |
| Downside Target | 19.89 |
| Downside Target | 21.08 |
| Upside Target | 21.50 |
| Upside Target | 22.71 |
| Upside Target | 22.80 |
| Upside Target | 23.71 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 20.74 |
| Downside Intraday Target | 19.99 |
| Upside Intraday Target | 22.97 |
| Upside Intraday Target | 24.45 |
| Upside Intraday Target | 22.22 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 21.48 | 23.71 | 23.71 | 21.48 | 2.827 times |
| 14 Fri Jun 2024 | 22.80 | 21.50 | 22.80 | 21.50 | 0.338 times |
| 07 Fri Jun 2024 | 21.08 | 20.28 | 21.08 | 20.02 | 2.097 times |
| 31 Fri May 2024 | 19.89 | 18.39 | 19.89 | 18.39 | 1.969 times |
| 24 Fri May 2024 | 18.03 | 18.45 | 18.45 | 17.68 | 0.302 times |
Price has moved down 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 |
| 21 Fri Jun 2024 | 21.48 | 20.28 | 23.71 | 20.02 | 0.649 times |
| 31 Fri May 2024 | 19.89 | 19.70 | 19.89 | 14.60 | 0.546 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 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 getting stronger in this stock.
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 and SELL 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 22.26 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 getting stronger in this stock.
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 and SELL 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 22.26 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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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