(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 2024-07-23 View latest technical analysis
10 day averaged volume of El Forge is 82394
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 22.80 | 22.80 | 22.80 | 22.80 | 0.235 times |
| 22 Mon Jul 2024 | 23.26 | 23.26 | 23.26 | 23.26 | 0.08 times |
| 19 Fri Jul 2024 | 23.73 | 23.74 | 23.74 | 23.73 | 0.163 times |
| 18 Thu Jul 2024 | 24.21 | 24.21 | 24.21 | 24.21 | 0.32 times |
| 16 Tue Jul 2024 | 24.70 | 24.71 | 25.47 | 24.70 | 0.765 times |
| 15 Mon Jul 2024 | 26.00 | 28.58 | 28.58 | 25.86 | 3.111 times |
| 12 Fri Jul 2024 | 27.22 | 27.22 | 27.22 | 27.22 | 0.279 times |
| 11 Thu Jul 2024 | 25.93 | 25.50 | 25.93 | 25.50 | 0.499 times |
| 10 Wed Jul 2024 | 24.70 | 24.62 | 24.72 | 22.38 | 2.49 times |
| 09 Tue Jul 2024 | 23.55 | 22.90 | 23.55 | 22.00 | 1.077 times |
My analysis of stock is bullish for shortterm, and stock might move up till 24.9 or till 27.5. Use a stoploss of 22.72 and if this stock hits its stoploss, then it can fall down till 20.54
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 |
| Upside Target | 23.26 |
| Upside Target | 23.71 |
| Upside Target | 23.73 |
| Upside Target | 27.22 |
| Upside Target | 28.58 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 22.65 |
| Downside Intraday Target | 22.49 |
| Upside Intraday Target | 23.11 |
| Upside Intraday Target | 23.41 |
| Upside Intraday Target | 22.95 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 22.80 | 23.26 | 23.26 | 22.80 | 0.072 times |
| 19 Fri Jul 2024 | 23.73 | 28.58 | 28.58 | 23.73 | 0.783 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 |
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 Tue Jul 2024 | 22.80 | 19.73 | 28.58 | 19.73 | 1.899 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 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 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 Weak 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 LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 25.06 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 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 Weak 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 LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 25.06 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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