(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 2024-12-24 View latest technical analysis
10 day averaged volume of El Forge is 126178
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 34.20 | 36.56 | 36.56 | 34.20 | 0.266 times |
| 23 Mon Dec 2024 | 35.99 | 36.10 | 37.99 | 35.83 | 0.554 times |
| 20 Fri Dec 2024 | 37.71 | 39.69 | 40.48 | 37.71 | 0.676 times |
| 19 Thu Dec 2024 | 39.69 | 36.35 | 40.17 | 36.35 | 2.728 times |
| 18 Wed Dec 2024 | 38.26 | 39.21 | 39.40 | 38.26 | 0.297 times |
| 17 Tue Dec 2024 | 40.27 | 44.42 | 44.42 | 40.20 | 2.976 times |
| 16 Mon Dec 2024 | 42.31 | 41.80 | 42.31 | 41.20 | 0.201 times |
| 13 Fri Dec 2024 | 40.30 | 40.10 | 40.30 | 37.01 | 0.639 times |
| 12 Thu Dec 2024 | 38.39 | 35.01 | 38.39 | 35.00 | 0.391 times |
| 11 Wed Dec 2024 | 36.57 | 39.44 | 39.44 | 36.57 | 0.366 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.9 as stoploss in an intra day buy trade for a target of 36.58. However, stock will show a bearish move below 33.9.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 22.10 |
| Downside Target | 26.90 |
| Downside Target | 32.20 |
| Downside Target | 34.00 |
| Upside Target | 34.98 |
| Upside Target | 35.19 |
| Upside Target | 35.30 |
| Upside Target | 36.35 |
| Upside Target | 37.99 |
| Upside Target | 40.30 |
| Upside Target | 44.42 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 32.94 |
| Downside Intraday Target | 31.67 |
| Upside Intraday Target | 36.73 |
| Upside Intraday Target | 39.25 |
| Upside Intraday Target | 35.46 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 34.20 | 36.10 | 37.99 | 34.20 | 0.119 times |
| 20 Fri Dec 2024 | 37.71 | 41.80 | 44.42 | 36.35 | 2.058 times |
| 13 Fri Dec 2024 | 40.30 | 36.00 | 40.30 | 35.00 | 2.235 times |
| 06 Fri Dec 2024 | 34.97 | 32.61 | 35.30 | 32.61 | 1.579 times |
| 29 Fri Nov 2024 | 34.03 | 33.95 | 34.98 | 32.20 | 1.236 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 |
| 24 Tue Dec 2024 | 34.20 | 32.61 | 44.42 | 32.61 | 2.082 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 up this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 39.22 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term but the sell signal is initial and weak.
El Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 39.22 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 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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