(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 2024-12-02 View latest technical analysis
10 day averaged volume of El Forge is 27073
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 33.97 | 32.61 | 35.00 | 32.61 | 2.647 times |
| 29 Fri Nov 2024 | 34.03 | 34.98 | 34.98 | 33.08 | 0.568 times |
| 28 Thu Nov 2024 | 33.71 | 34.69 | 34.69 | 32.50 | 1.023 times |
| 27 Wed Nov 2024 | 34.09 | 33.90 | 34.50 | 32.20 | 1.064 times |
| 26 Tue Nov 2024 | 33.11 | 34.00 | 34.90 | 32.83 | 0.74 times |
| 25 Mon Nov 2024 | 33.84 | 33.95 | 34.08 | 32.51 | 1.019 times |
| 22 Fri Nov 2024 | 32.46 | 33.70 | 33.97 | 31.61 | 1.3 times |
| 21 Thu Nov 2024 | 32.58 | 34.70 | 34.70 | 32.35 | 0.801 times |
| 19 Tue Nov 2024 | 33.10 | 32.00 | 33.10 | 32.00 | 0.913 times |
| 18 Mon Nov 2024 | 31.53 | 33.42 | 33.49 | 31.36 | 0.555 times |
Stock of El Forge (ElForge) has showed a significant fall. This could be a good time to exit from 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 34 as stoploss in an intra day sell trade for a target of 32.31. However, stock will show a bullish move above 34.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 22.10 |
| Downside Target | 26.90 |
| Downside Target | 29.78 |
| Downside Target | 31.36 |
| Downside Target | 32.20 |
| Downside Target | 33.71 |
| Upside Target | 34.00 |
| Upside Target | 34.70 |
| Upside Target | 34.98 |
| Upside Target | 35.00 |
| Upside Target | 35.19 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 32.72 |
| Downside Intraday Target | 31.47 |
| Upside Intraday Target | 35.11 |
| Upside Intraday Target | 36.25 |
| Downside Intraday Target | 33.86 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 33.97 | 32.61 | 35.00 | 32.61 | 0.6 times |
| 29 Fri Nov 2024 | 34.03 | 33.95 | 34.98 | 32.20 | 1.236 times |
| 22 Fri Nov 2024 | 32.46 | 33.42 | 34.70 | 31.36 | 0.357 times |
| 14 Thu Nov 2024 | 32.89 | 34.19 | 35.19 | 29.78 | 1.022 times |
| 08 Fri Nov 2024 | 32.61 | 29.35 | 33.71 | 27.11 | 1.839 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 |
| 02 Mon Dec 2024 | 33.97 | 32.61 | 35.00 | 32.61 | 0.094 times |
| 29 Fri Nov 2024 | 34.03 | 27.96 | 35.19 | 27.11 | 1.106 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
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
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 33.4 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
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
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 33.4 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.
Click here for El Forge charts
Click here for further forecast and predictions for tomorrow