(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 2024-11-04 View latest technical analysis
10 day averaged volume of El Forge is 28278
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 29.35 | 29.35 | 29.35 | 27.11 | 2.524 times |
| 01 Fri Nov 2024 | 27.96 | 27.96 | 27.96 | 27.96 | 0.31 times |
| 31 Thu Oct 2024 | 26.63 | 26.63 | 26.63 | 26.62 | 0.569 times |
| 30 Wed Oct 2024 | 25.37 | 25.37 | 25.37 | 24.70 | 1.638 times |
| 29 Tue Oct 2024 | 24.17 | 23.03 | 24.17 | 22.10 | 0.272 times |
| 28 Mon Oct 2024 | 23.02 | 23.75 | 25.44 | 23.02 | 2.296 times |
| 25 Fri Oct 2024 | 24.23 | 24.99 | 25.00 | 24.23 | 0.986 times |
| 24 Thu Oct 2024 | 25.50 | 26.84 | 26.84 | 25.50 | 1.891 times |
| 23 Wed Oct 2024 | 26.84 | 26.84 | 26.84 | 26.84 | 0.466 times |
| 22 Tue Oct 2024 | 28.25 | 28.18 | 30.98 | 28.18 | 0.482 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, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.6 as stoploss in an intra day sell trade for a target of 27.45. However, stock will show a bullish move above 29.6.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 19.73 |
| Downside Target | 22.10 |
| Downside Target | 24.23 |
| Downside Target | 26.33 |
| Downside Target | 26.90 |
| Downside Target | 27.96 |
| Downside Target | 28.58 |
| Downside Target | 29.35 |
| 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 | 27.86 |
| Downside Intraday Target | 26.36 |
| Upside Intraday Target | 30.1 |
| Upside Intraday Target | 30.84 |
| Downside Intraday Target | 28.6 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 29.35 | 29.35 | 29.35 | 27.11 | 0.496 times |
| 01 Fri Nov 2024 | 27.96 | 23.75 | 27.96 | 22.10 | 1.035 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 |
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 |
| 04 Mon Nov 2024 | 29.35 | 27.96 | 29.35 | 27.11 | 0.117 times |
| 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 |
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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for El Forge in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and the buying is gaining 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 25.99 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 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for El Forge in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and the buying is gaining 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 25.99 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 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.
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