(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 2024-04-16 View latest technical analysis
10 day averaged volume of El Forge is 57779
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 14.74 | 14.90 | 14.90 | 14.31 | 0.275 times |
| 15 Mon Apr 2024 | 14.27 | 14.20 | 14.30 | 13.13 | 0.662 times |
| 12 Fri Apr 2024 | 13.62 | 13.25 | 13.63 | 12.88 | 3.346 times |
| 10 Wed Apr 2024 | 12.99 | 13.24 | 13.78 | 12.58 | 0.3 times |
| 09 Tue Apr 2024 | 13.24 | 13.10 | 14.16 | 13.05 | 0.542 times |
| 08 Mon Apr 2024 | 13.49 | 13.82 | 14.45 | 13.30 | 1.46 times |
| 05 Fri Apr 2024 | 13.98 | 14.00 | 14.35 | 13.60 | 0.163 times |
| 04 Thu Apr 2024 | 14.10 | 14.40 | 14.49 | 13.68 | 0.963 times |
| 03 Wed Apr 2024 | 14.40 | 14.14 | 14.55 | 13.17 | 0.729 times |
| 02 Tue Apr 2024 | 13.86 | 14.65 | 14.67 | 13.50 | 1.381 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.5, but if it comes below 14.5, then a intra day sell could be more profitable.
If you take a sell trade below 14.5, then use 14.5 as stoploss and 13.59 as target. However if you take a buy trade in stock , then use 14.5 as stoploss and 15.6 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.90 |
| Downside Target | 11.77 |
| Downside Target | 12.58 |
| Downside Target | 13.13 |
| Downside Target | 13.48 |
| Downside Target | 14.28 |
| Downside Target | 14.67 |
| Downside Target | 14.71 |
| Upside Target | 14.90 |
| Upside Target | 15.47 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 13.61 |
| Downside Intraday Target | 12.49 |
| Upside Intraday Target | 15.38 |
| Upside Intraday Target | 16.03 |
| Downside Intraday Target | 14.26 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 14.74 | 14.20 | 14.90 | 13.13 | 0.166 times |
| 12 Fri Apr 2024 | 13.62 | 13.82 | 14.45 | 12.58 | 1.531 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 |
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 |
| 16 Tue Apr 2024 | 14.74 | 14.25 | 14.90 | 12.58 | 0.49 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 gaining 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 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 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 but buying is losing 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 13.78 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid 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 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 gaining 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 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 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 but buying is losing 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 13.78 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