(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 2024-11-05 View latest technical analysis
10 day averaged volume of El Forge is 32334
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 29.69 | 29.72 | 30.70 | 28.50 | 1.372 times |
| 04 Mon Nov 2024 | 29.35 | 29.35 | 29.35 | 27.11 | 2.207 times |
| 01 Fri Nov 2024 | 27.96 | 27.96 | 27.96 | 27.96 | 0.271 times |
| 31 Thu Oct 2024 | 26.63 | 26.63 | 26.63 | 26.62 | 0.498 times |
| 30 Wed Oct 2024 | 25.37 | 25.37 | 25.37 | 24.70 | 1.433 times |
| 29 Tue Oct 2024 | 24.17 | 23.03 | 24.17 | 22.10 | 0.238 times |
| 28 Mon Oct 2024 | 23.02 | 23.75 | 25.44 | 23.02 | 2.008 times |
| 25 Fri Oct 2024 | 24.23 | 24.99 | 25.00 | 24.23 | 0.862 times |
| 24 Thu Oct 2024 | 25.50 | 26.84 | 26.84 | 25.50 | 1.654 times |
| 23 Wed Oct 2024 | 26.84 | 26.84 | 26.84 | 26.84 | 0.408 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 29.8 as stoploss in an intra day sell trade for a target of 27.61. However, stock will show a bullish move above 29.8.
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 |
| Upside Target | 30.70 |
| 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 | 27.63 |
| Downside Intraday Target | 25.58 |
| Upside Intraday Target | 31.22 |
| Upside Intraday Target | 32.76 |
| Downside Intraday Target | 29.17 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 29.69 | 29.35 | 30.70 | 27.11 | 0.805 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 |
| 05 Tue Nov 2024 | 29.69 | 27.96 | 30.70 | 27.11 | 0.181 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 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 26.36 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 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 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 26.36 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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