(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 2024-07-15 View latest technical analysis
10 day averaged volume of El Forge is 60481
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 26.00 | 28.58 | 28.58 | 25.86 | 4.238 times |
| 12 Fri Jul 2024 | 27.22 | 27.22 | 27.22 | 27.22 | 0.381 times |
| 11 Thu Jul 2024 | 25.93 | 25.50 | 25.93 | 25.50 | 0.68 times |
| 10 Wed Jul 2024 | 24.70 | 24.62 | 24.72 | 22.38 | 3.392 times |
| 09 Tue Jul 2024 | 23.55 | 22.90 | 23.55 | 22.00 | 1.468 times |
| 08 Mon Jul 2024 | 22.43 | 22.43 | 22.43 | 21.34 | 1.658 times |
| 05 Fri Jul 2024 | 21.37 | 21.37 | 21.37 | 21.37 | 0.149 times |
| 04 Thu Jul 2024 | 20.96 | 20.95 | 20.96 | 20.95 | 0.412 times |
| 03 Wed Jul 2024 | 20.55 | 20.55 | 20.55 | 20.55 | 0.786 times |
| 02 Tue Jul 2024 | 20.15 | 20.15 | 20.15 | 20.15 | 0.762 times |
Stock of El Forge (ElForge) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.9, for a target of 24.4 or 22.28
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 | 21.34 |
| Downside Target | 22.71 |
| Downside Target | 23.71 |
| Downside Target | 25.86 |
| Upside Target | 27.22 |
| Upside Target | 28.58 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 25.05 |
| Downside Intraday Target | 24.09 |
| Upside Intraday Target | 27.77 |
| Upside Intraday Target | 29.53 |
| Upside Intraday Target | 26.81 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 26.00 | 28.58 | 28.58 | 25.86 | 0.559 times |
| 12 Fri Jul 2024 | 27.22 | 22.43 | 27.22 | 21.34 | 3.129 times |
| 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 |
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 |
| 15 Mon Jul 2024 | 26.00 | 19.73 | 28.58 | 19.73 | 1.652 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, and volume has increased substantially. This means that the move can 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 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 gaining momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of El Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.2 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 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 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 gaining momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of El Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.2 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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