(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 2024-07-05 View latest technical analysis
10 day averaged volume of El Forge is 26911
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 21.37 | 21.37 | 21.37 | 21.37 | 0.334 times |
| 04 Thu Jul 2024 | 20.96 | 20.95 | 20.96 | 20.95 | 0.925 times |
| 03 Wed Jul 2024 | 20.55 | 20.55 | 20.55 | 20.55 | 1.765 times |
| 02 Tue Jul 2024 | 20.15 | 20.15 | 20.15 | 20.15 | 1.712 times |
| 01 Mon Jul 2024 | 19.76 | 19.73 | 19.76 | 19.73 | 0.707 times |
| 28 Fri Jun 2024 | 20.13 | 20.13 | 20.13 | 20.13 | 0.192 times |
| 27 Thu Jun 2024 | 20.54 | 20.65 | 20.91 | 20.54 | 1.962 times |
| 26 Wed Jun 2024 | 20.95 | 20.95 | 20.95 | 20.95 | 0.63 times |
| 25 Tue Jun 2024 | 21.37 | 21.37 | 21.37 | 21.37 | 0.784 times |
| 24 Mon Jun 2024 | 21.48 | 21.48 | 21.48 | 21.48 | 0.661 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.5 or till 19.4. Use a stoploss of 21.41 and if the stock hits stoploss, then it can shoot up till 22.31
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.24 |
| Downside Target | 12.58 |
| Downside Target | 14.60 |
| Downside Target | 15.47 |
| Downside Target | 19.73 |
| Downside Target | 21.08 |
| Upside Target | 21.48 |
| 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 | 20.28 |
| Downside Intraday Target | 19.18 |
| Upside Intraday Target | 21.92 |
| Upside Intraday Target | 22.46 |
| Downside Intraday Target | 20.82 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 21.37 | 19.73 | 21.37 | 19.73 | 1.287 times |
| 28 Fri Jun 2024 | 20.13 | 21.48 | 21.48 | 20.13 | 0.67 times |
| 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 |
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 |
| 05 Fri Jul 2024 | 21.37 | 19.73 | 21.37 | 19.73 | 0.281 times |
| 28 Fri Jun 2024 | 20.13 | 20.28 | 23.71 | 20.02 | 0.83 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 20.63 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 neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 20.63 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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