(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 2024-10-28 View latest technical analysis
10 day averaged volume of El Forge is 49924
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 23.02 | 23.75 | 25.44 | 23.02 | 1.301 times |
| 25 Fri Oct 2024 | 24.23 | 24.99 | 25.00 | 24.23 | 0.558 times |
| 24 Thu Oct 2024 | 25.50 | 26.84 | 26.84 | 25.50 | 1.071 times |
| 23 Wed Oct 2024 | 26.84 | 26.84 | 26.84 | 26.84 | 0.264 times |
| 22 Tue Oct 2024 | 28.25 | 28.18 | 30.98 | 28.18 | 0.273 times |
| 21 Mon Oct 2024 | 29.66 | 32.37 | 32.37 | 29.42 | 0.617 times |
| 18 Fri Oct 2024 | 30.96 | 30.80 | 32.05 | 29.52 | 1.023 times |
| 17 Thu Oct 2024 | 30.89 | 30.84 | 30.89 | 29.44 | 2.198 times |
| 16 Wed Oct 2024 | 29.42 | 28.02 | 29.42 | 28.02 | 0.825 times |
| 15 Tue Oct 2024 | 28.02 | 28.98 | 29.34 | 28.01 | 1.111 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.5, for a target of 25.8 or 27.79
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 19.73 |
| Downside Target | 22.30 |
| Downside Target | 23.02 |
| Upside Target | 23.71 |
| Upside Target | 24.23 |
| Upside Target | 25.44 |
| Upside Target | 26.33 |
| Upside Target | 26.90 |
| Upside Target | 27.95 |
| Upside Target | 29.29 |
| Upside Target | 32.05 |
| Upside Target | 32.37 |
| Upside Target | 34.00 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 22.21 |
| Downside Intraday Target | 21.41 |
| Upside Intraday Target | 24.63 |
| Upside Intraday Target | 26.25 |
| Upside Intraday Target | 23.83 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 23.02 | 23.75 | 25.44 | 23.02 | 0.467 times |
| 25 Fri Oct 2024 | 24.23 | 32.37 | 32.37 | 24.23 | 0.386 times |
| 18 Fri Oct 2024 | 30.96 | 29.52 | 32.05 | 28.01 | 14.146 times |
| 11 Fri Oct 2024 | 28.12 | 27.00 | 28.12 | 26.33 | 0.653 times |
| 03 Thu Oct 2024 | 27.95 | 28.12 | 29.29 | 27.95 | 0.34 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 |
| 28 Mon Oct 2024 | 23.02 | 29.29 | 32.37 | 23.02 | 0.643 times |
| 30 Mon Sep 2024 | 28.72 | 27.40 | 34.00 | 27.40 | 1.154 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 |
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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 28.01 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 negative.
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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 28.01 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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