(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 2024-09-13 View latest technical analysis
10 day averaged volume of El Forge is 86484
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 31.67 | 31.67 | 31.67 | 31.67 | 0.062 times |
| 12 Thu Sep 2024 | 32.31 | 32.31 | 32.31 | 32.31 | 0.199 times |
| 11 Wed Sep 2024 | 32.96 | 33.63 | 34.00 | 32.96 | 0.753 times |
| 10 Tue Sep 2024 | 33.63 | 33.63 | 33.63 | 33.59 | 0.641 times |
| 09 Mon Sep 2024 | 32.98 | 32.98 | 32.98 | 32.98 | 0.422 times |
| 06 Fri Sep 2024 | 32.34 | 32.34 | 32.34 | 32.34 | 0.988 times |
| 05 Thu Sep 2024 | 31.71 | 31.39 | 31.71 | 28.69 | 2.619 times |
| 04 Wed Sep 2024 | 30.20 | 30.20 | 30.20 | 30.20 | 1.216 times |
| 03 Tue Sep 2024 | 28.77 | 28.77 | 28.77 | 28.77 | 0.763 times |
| 02 Mon Sep 2024 | 27.40 | 27.40 | 27.40 | 27.40 | 0.832 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 31.7 as stoploss in an intra day sell trade for a target of 27.99. However, stock will show a bullish move above 31.7.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 14.60 |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 22.95 |
| Downside Target | 23.48 |
| Downside Target | 24.81 |
| Downside Target | 26.90 |
| Downside Target | 27.40 |
| Downside Target | 28.58 |
| Downside Target | 31.67 |
| Upside Target | 32.34 |
| Upside Target | 34.00 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 30.89 |
| Downside Intraday Target | 30.12 |
| Upside Intraday Target | 33.22 |
| Upside Intraday Target | 34.78 |
| Upside Intraday Target | 32.45 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 31.67 | 32.98 | 34.00 | 31.67 | 0.324 times |
| 06 Fri Sep 2024 | 32.34 | 27.40 | 32.34 | 27.40 | 1.378 times |
| 30 Fri Aug 2024 | 26.10 | 26.05 | 26.90 | 23.48 | 1.56 times |
| 23 Fri Aug 2024 | 24.81 | 22.95 | 24.81 | 22.95 | 6.515 times |
| 16 Fri Aug 2024 | 22.50 | 23.61 | 23.61 | 22.30 | 0.669 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 |
| 13 Fri Sep 2024 | 31.67 | 27.40 | 34.00 | 27.40 | 0.885 times |
| 30 Fri Aug 2024 | 26.10 | 25.60 | 26.90 | 22.30 | 0.759 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 |
Scroll below to view daily charts
Price has moved up 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 31.21 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 31.21 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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