(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 2024-04-08 View latest technical analysis
10 day averaged volume of El Forge is 94465
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 13.49 | 13.82 | 14.45 | 13.30 | 0.893 times |
| 05 Fri Apr 2024 | 13.98 | 14.00 | 14.35 | 13.60 | 0.1 times |
| 04 Thu Apr 2024 | 14.10 | 14.40 | 14.49 | 13.68 | 0.589 times |
| 03 Wed Apr 2024 | 14.40 | 14.14 | 14.55 | 13.17 | 0.446 times |
| 02 Tue Apr 2024 | 13.86 | 14.65 | 14.67 | 13.50 | 0.845 times |
| 01 Mon Apr 2024 | 13.98 | 14.25 | 14.25 | 13.50 | 0.277 times |
| 28 Thu Mar 2024 | 13.85 | 13.48 | 14.40 | 13.48 | 0.779 times |
| 27 Wed Mar 2024 | 14.18 | 15.47 | 15.47 | 14.18 | 0.606 times |
| 26 Tue Mar 2024 | 14.92 | 14.99 | 14.99 | 13.90 | 3.066 times |
| 22 Fri Mar 2024 | 14.28 | 14.28 | 14.28 | 14.00 | 2.593 times |
My analysis of stock is bullish for shortterm, and stock might move up till 14.4 or till 16.6. Use a stoploss of 12.62 and if this stock hits its stoploss, then it can fall down till 10.81
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.90 |
| Downside Target | 11.21 |
| Downside Target | 11.77 |
| Downside Target | 13.17 |
| Upside Target | 14.28 |
| Upside Target | 14.45 |
| 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 | 13.04 |
| Downside Intraday Target | 12.6 |
| Upside Intraday Target | 14.19 |
| Upside Intraday Target | 14.9 |
| Upside Intraday Target | 13.75 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 13.49 | 13.82 | 14.45 | 13.30 | 0.396 times |
| 05 Fri Apr 2024 | 13.98 | 14.25 | 14.67 | 13.17 | 0.507 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 |
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 |
| 08 Mon Apr 2024 | 13.49 | 14.25 | 14.67 | 13.17 | 0.246 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 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.
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. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 14.31 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid 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 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.
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. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 14.31 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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