(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 2024-09-19 View latest technical analysis
10 day averaged volume of El Forge is 53399
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 29.23 | 29.23 | 29.23 | 29.23 | 0.056 times |
| 18 Wed Sep 2024 | 29.82 | 29.82 | 29.82 | 29.82 | 0.078 times |
| 17 Tue Sep 2024 | 30.42 | 30.42 | 30.42 | 30.42 | 0.175 times |
| 16 Mon Sep 2024 | 31.04 | 31.04 | 31.04 | 31.04 | 0.541 times |
| 13 Fri Sep 2024 | 31.67 | 31.67 | 31.67 | 31.67 | 0.101 times |
| 12 Thu Sep 2024 | 32.31 | 32.31 | 32.31 | 32.31 | 0.323 times |
| 11 Wed Sep 2024 | 32.96 | 33.63 | 34.00 | 32.96 | 1.22 times |
| 10 Tue Sep 2024 | 33.63 | 33.63 | 33.63 | 33.59 | 1.038 times |
| 09 Mon Sep 2024 | 32.98 | 32.98 | 32.98 | 32.98 | 0.684 times |
| 06 Fri Sep 2024 | 32.34 | 32.34 | 32.34 | 32.34 | 1.6 times |
My analysis of stock is bearish for shortterm, and stock might move down till 26.2 or till 22.6. Use a stoploss of 29.29 and if the stock hits stoploss, then it can shoot up till 32.34
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 | 28.58 |
| Downside Target | 29.23 |
| Upside Target | 31.04 |
| Upside 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 | 28.63 |
| Downside Intraday Target | 28.02 |
| Upside Intraday Target | 30.44 |
| Upside Intraday Target | 31.64 |
| Upside Intraday Target | 29.83 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 29.23 | 31.04 | 31.04 | 29.23 | 0.252 times |
| 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 |
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 |
| 19 Thu Sep 2024 | 29.23 | 27.40 | 34.00 | 27.40 | 0.939 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 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 neutral. A longer time frame might give a better analysis.
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 gaining 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 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 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 32.52 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 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 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 neutral. A longer time frame might give a better analysis.
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 gaining 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 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 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 32.52 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 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.
Click here for El Forge charts
Click here for further forecast and predictions for tomorrow