(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 2024-10-31 View latest technical analysis
10 day averaged volume of El Forge is 41871
Date | Daily Closing Price | Open | High | Low | Volume |
31 Thu Oct 2024 | 26.63 | 26.63 | 26.63 | 26.62 | 0.384 times |
30 Wed Oct 2024 | 25.37 | 25.37 | 25.37 | 24.70 | 1.106 times |
29 Tue Oct 2024 | 24.17 | 23.03 | 24.17 | 22.10 | 0.184 times |
28 Mon Oct 2024 | 23.02 | 23.75 | 25.44 | 23.02 | 1.551 times |
25 Fri Oct 2024 | 24.23 | 24.99 | 25.00 | 24.23 | 0.666 times |
24 Thu Oct 2024 | 25.50 | 26.84 | 26.84 | 25.50 | 1.277 times |
23 Wed Oct 2024 | 26.84 | 26.84 | 26.84 | 26.84 | 0.315 times |
22 Tue Oct 2024 | 28.25 | 28.18 | 30.98 | 28.18 | 0.326 times |
21 Mon Oct 2024 | 29.66 | 32.37 | 32.37 | 29.42 | 0.736 times |
18 Fri Oct 2024 | 30.96 | 30.80 | 32.05 | 29.52 | 1.219 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.2 or till 22.7. Use a stoploss of 27.32 and if the stock hits stoploss, then it can shoot up till 29.44
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 19.73 |
Downside Target | 22.10 |
Downside Target | 23.71 |
Downside Target | 24.23 |
Downside Target | 26.33 |
Upside Target | 27.95 |
Upside Target | 28.12 |
Upside Target | 28.58 |
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 | 23.61 |
Downside Intraday Target | 20.59 |
Upside Intraday Target | 28.14 |
Upside Intraday Target | 29.65 |
Downside Intraday Target | 25.12 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Thu Oct 2024 | 26.63 | 23.75 | 26.63 | 22.10 | 0.972 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 up 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 |
31 Thu Oct 2024 | 26.63 | 29.29 | 32.37 | 22.10 | 0.716 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
El Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 26.32 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
El Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 26.32 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 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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