(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 2024-08-09 View latest technical analysis
10 day averaged volume of El Forge is 18509
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 23.61 | 22.92 | 23.61 | 22.92 | 0.818 times |
| 08 Thu Aug 2024 | 23.15 | 23.15 | 23.15 | 23.15 | 0.532 times |
| 07 Wed Aug 2024 | 23.62 | 23.62 | 23.62 | 23.62 | 0.297 times |
| 06 Tue Aug 2024 | 24.10 | 24.09 | 24.10 | 24.09 | 1.098 times |
| 05 Mon Aug 2024 | 24.58 | 24.58 | 24.58 | 24.58 | 0.454 times |
| 02 Fri Aug 2024 | 25.08 | 26.10 | 26.10 | 25.08 | 2.039 times |
| 01 Thu Aug 2024 | 25.59 | 25.60 | 25.60 | 25.59 | 1.781 times |
| 31 Wed Jul 2024 | 25.10 | 24.62 | 25.10 | 24.62 | 0.62 times |
| 30 Tue Jul 2024 | 24.61 | 24.65 | 24.66 | 24.60 | 0.907 times |
| 29 Mon Jul 2024 | 24.66 | 24.66 | 24.66 | 24.66 | 1.157 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.3 as stoploss in an intra day buy trade for a target of 24.36. However, stock will show a bearish move below 23.3.
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 |
| Upside 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 | 22.83 |
| Downside Intraday Target | 22.04 |
| Upside Intraday Target | 24.49 |
| Upside Intraday Target | 25.36 |
| Upside Intraday Target | 23.7 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 23.61 | 24.58 | 24.58 | 22.92 | 0.492 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 |
| 09 Fri Aug 2024 | 23.61 | 25.60 | 26.10 | 22.92 | 0.119 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 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 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 SELL. 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 moving up
CCI has generated a buy signal for El Forge in short term but BUY signal is weak.
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 24.67 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 SELL. 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 moving up
CCI has generated a buy signal for El Forge in short term but BUY signal is weak.
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 24.67 and El Forge (ElForge) stock is trading below this level. This means that stock is falling with high volumes. 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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