(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 2024-08-22 View latest technical analysis
10 day averaged volume of El Forge is 12700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 24.33 | 24.33 | 24.33 | 24.33 | 8.39 times |
| 21 Wed Aug 2024 | 23.86 | 23.86 | 23.86 | 23.86 | 0.351 times |
| 20 Tue Aug 2024 | 23.40 | 23.40 | 23.40 | 23.40 | 1.481 times |
| 19 Mon Aug 2024 | 22.95 | 22.95 | 22.95 | 22.95 | 2.646 times |
| 16 Fri Aug 2024 | 22.50 | 22.35 | 22.51 | 22.35 | 1.29 times |
| 14 Wed Aug 2024 | 22.35 | 22.68 | 22.68 | 22.30 | 0.235 times |
| 13 Tue Aug 2024 | 22.68 | 22.69 | 22.69 | 22.68 | 0.749 times |
| 12 Mon Aug 2024 | 23.14 | 23.61 | 23.61 | 23.14 | 0.847 times |
| 09 Fri Aug 2024 | 23.61 | 22.92 | 23.61 | 22.92 | 1.193 times |
| 08 Thu Aug 2024 | 23.15 | 23.15 | 23.15 | 23.15 | 0.775 times |
Stock of El Forge (ElForge) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 24.8 or till 25.8. Use a stoploss of 23.86 and if this stock hits its stoploss, then it can fall down till 22.97
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 12.58 |
| Downside Target | 14.60 |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 23.61 |
| Downside Target | 24.18 |
| Downside Target | 24.33 |
| Upside Target | 24.58 |
| Upside Target | 24.60 |
| Upside Target | 26.10 |
| Upside Target | 28.58 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 23.41 |
| Downside Intraday Target | 22.49 |
| Upside Intraday Target | 24.79 |
| Upside Intraday Target | 25.25 |
| Downside Intraday Target | 23.87 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 24.33 | 22.95 | 24.33 | 22.95 | 4.123 times |
| 16 Fri Aug 2024 | 22.50 | 23.61 | 23.61 | 22.30 | 0.669 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of El Forge (ElForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 24.33 | 25.60 | 26.10 | 22.30 | 0.304 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 23.66 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 23.66 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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