(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 2024-08-06 View latest technical analysis
10 day averaged volume of El Forge is 20244
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 24.10 | 24.09 | 24.10 | 24.09 | 1.004 times |
| 05 Mon Aug 2024 | 24.58 | 24.58 | 24.58 | 24.58 | 0.415 times |
| 02 Fri Aug 2024 | 25.08 | 26.10 | 26.10 | 25.08 | 1.864 times |
| 01 Thu Aug 2024 | 25.59 | 25.60 | 25.60 | 25.59 | 1.628 times |
| 31 Wed Jul 2024 | 25.10 | 24.62 | 25.10 | 24.62 | 0.567 times |
| 30 Tue Jul 2024 | 24.61 | 24.65 | 24.66 | 24.60 | 0.829 times |
| 29 Mon Jul 2024 | 24.66 | 24.66 | 24.66 | 24.66 | 1.058 times |
| 26 Fri Jul 2024 | 24.18 | 24.18 | 24.18 | 24.18 | 1.019 times |
| 25 Thu Jul 2024 | 23.71 | 23.71 | 23.71 | 23.71 | 1.091 times |
| 24 Wed Jul 2024 | 23.25 | 22.35 | 23.25 | 22.35 | 0.57 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23.5 or till 22.2. Use a stoploss of 24.55 and if the stock hits stoploss, then it can shoot up till 25.6
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 12.58 |
| Downside Target | 14.60 |
| Downside Target | 19.73 |
| Downside Target | 21.34 |
| Downside Target | 22.35 |
| Downside Target | 23.71 |
| Upside Target | 24.58 |
| Upside Target | 24.60 |
| Upside Target | 26.10 |
| Upside Target | 27.22 |
| Upside Target | 28.58 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 23.93 |
| Downside Intraday Target | 23.77 |
| Upside Intraday Target | 24.42 |
| Upside Intraday Target | 24.75 |
| Upside Intraday Target | 24.26 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 24.10 | 24.58 | 24.58 | 24.09 | 0.239 times |
| 02 Fri Aug 2024 | 25.08 | 24.66 | 26.10 | 24.60 | 1.501 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 |
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 |
| 06 Tue Aug 2024 | 24.10 | 25.60 | 26.10 | 24.09 | 0.091 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 short 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 short to mid 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 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 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 tired and bears are picking up momentum.
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 24.62 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 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 short 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 short to mid 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 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 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 tired and bears are picking up momentum.
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 24.62 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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