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(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 2024-04-03 View latest technical analysis

10 day averaged volume of El Forge is 90154

Date Daily Closing Price Open High Low Volume
03 Wed Apr 2024 14.40 14.14 14.55 13.17 0.468 times
02 Tue Apr 2024 13.86 14.65 14.67 13.50 0.885 times
01 Mon Apr 2024 13.98 14.25 14.25 13.50 0.29 times
28 Thu Mar 2024 13.85 13.48 14.40 13.48 0.816 times
27 Wed Mar 2024 14.18 15.47 15.47 14.18 0.635 times
26 Tue Mar 2024 14.92 14.99 14.99 13.90 3.212 times
22 Fri Mar 2024 14.28 14.28 14.28 14.00 2.717 times
21 Thu Mar 2024 13.60 13.60 13.60 13.60 0.733 times
20 Wed Mar 2024 12.96 12.96 12.96 12.96 0.459 times
19 Tue Mar 2024 12.35 12.35 12.35 12.35 0.128 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14, but if it comes below 14, then a intra day sell could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 12.13 as target. However if you take a buy trade in stock , then use 14 as stoploss and 16.2 as target.

Share price targets for El Forge (ElForge)

Target Type Value
Downside Target 9.15
Downside Target 9.72
Downside Target 10.20
Downside Target 10.90
Downside Target 11.21
Downside Target 11.77
Downside Target 12.21
Downside Target 13.17
Downside Target 13.48
Downside Target 14.28
Upside Target 14.67
Upside Target 14.71
Upside Target 15.47

Intraday share price targets for El Forge (ElForge)

Target Type Value
Downside Intraday Target 13.49
Downside Intraday Target 12.58
Upside Intraday Target 14.99
Upside Intraday Target 15.58
Downside Intraday Target 14.08

Weekly technical analysis of El Forge (ElForge)

Date Weekly Closing Price Open High Low Volume
03 Wed Apr 2024 14.40 14.25 14.67 13.17 0.352 times
28 Thu Mar 2024 13.85 14.99 15.47 13.48 1.12 times
22 Fri Mar 2024 14.28 11.77 14.28 11.77 1.387 times
15 Fri Mar 2024 11.21 10.20 11.21 9.24 2.055 times
07 Thu Mar 2024 9.72 11.63 12.21 9.72 1.563 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
03 Wed Apr 2024 14.40 14.25 14.67 13.17 0.122 times
28 Thu Mar 2024 13.85 13.35 15.47 9.24 2.845 times
29 Thu Feb 2024 12.75 12.50 13.63 10.90 0.652 times
31 Wed Jan 2024 12.69 10.45 14.71 10.20 3.118 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 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 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 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 mid to longer 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.

ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for El Forge in short term and the buy 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. 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 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 14.27 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 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 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 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 mid to longer 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.

ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for El Forge in short term and the buy 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. 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 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 14.27 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

Daily charts

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