(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 2024-07-31 View latest technical analysis
10 day averaged volume of El Forge is 22116
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 25.10 | 24.62 | 25.10 | 24.62 | 0.519 times |
| 30 Tue Jul 2024 | 24.61 | 24.65 | 24.66 | 24.60 | 0.759 times |
| 29 Mon Jul 2024 | 24.66 | 24.66 | 24.66 | 24.66 | 0.968 times |
| 26 Fri Jul 2024 | 24.18 | 24.18 | 24.18 | 24.18 | 0.933 times |
| 25 Thu Jul 2024 | 23.71 | 23.71 | 23.71 | 23.71 | 0.999 times |
| 24 Wed Jul 2024 | 23.25 | 22.35 | 23.25 | 22.35 | 0.521 times |
| 23 Tue Jul 2024 | 22.80 | 22.80 | 22.80 | 22.80 | 0.877 times |
| 22 Mon Jul 2024 | 23.26 | 23.26 | 23.26 | 23.26 | 0.296 times |
| 19 Fri Jul 2024 | 23.73 | 23.74 | 23.74 | 23.73 | 0.605 times |
| 18 Thu Jul 2024 | 24.21 | 24.21 | 24.21 | 24.21 | 1.191 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25.5 as stoploss in an intra day sell trade for a target of 23.85. However, stock will show a bullish move above 25.5.
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 | 22.35 |
| Downside Target | 23.71 |
| Downside Target | 24.18 |
| Downside Target | 24.60 |
| Downside Target | 25.10 |
| Upside Target | 27.22 |
| Upside Target | 28.58 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 24.77 |
| Downside Intraday Target | 24.43 |
| Upside Intraday Target | 25.27 |
| Upside Intraday Target | 25.43 |
| Downside Intraday Target | 24.93 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 25.10 | 24.66 | 25.10 | 24.60 | 0.619 times |
| 26 Fri Jul 2024 | 24.18 | 23.26 | 24.18 | 22.35 | 0.223 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 |
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 |
| 31 Wed Jul 2024 | 25.10 | 19.73 | 28.58 | 19.73 | 2.098 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 24 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 24 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 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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