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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 2025-05-30 View latest technical analysis

10 day averaged volume of El Forge is 31888

Date Daily Closing Price Open High Low Volume
30 Fri May 2025 21.80 22.75 23.20 21.66 0.835 times
29 Thu May 2025 22.80 23.18 23.18 22.05 0.149 times
28 Wed May 2025 22.68 22.05 22.94 22.00 0.094 times
27 Tue May 2025 22.34 22.72 24.00 22.04 2.028 times
26 Mon May 2025 23.20 23.58 24.20 23.00 0.271 times
23 Fri May 2025 23.58 24.72 24.81 23.20 1.088 times
22 Thu May 2025 24.32 24.32 25.00 24.32 2.031 times
21 Wed May 2025 25.59 26.63 27.38 25.17 1.049 times
20 Tue May 2025 26.49 26.88 26.88 25.50 0.655 times
19 Mon May 2025 25.86 25.70 25.96 24.85 1.189 times

My analysis of stock is bearish for shortterm, and stock might move down till 20.4 or till 17.8. Use a stoploss of 22.5 and if the stock hits stoploss, then it can shoot up till 24.63

Share price targets for El Forge (ElForge)

Target Type Value
Downside Target 18.00
Downside Target 18.62
Downside Target 19.18
Downside Target 21.00
Downside Target 21.66
Upside Target 23.20
Upside Target 23.75
Upside Target 24.88
Upside Target 25.28
Upside Target 27.38
Upside Target 28.99
Upside Target 35.07

Intraday share price targets for El Forge (ElForge)

Target Type Value
Downside Intraday Target 20.91
Downside Intraday Target 20.01
Upside Intraday Target 23.45
Upside Intraday Target 25.09
Upside Intraday Target 22.55

Weekly technical analysis of El Forge (ElForge)

Date Weekly Closing Price Open High Low Volume
30 Fri May 2025 21.80 23.58 24.20 21.66 0.562 times
23 Fri May 2025 23.58 25.70 27.38 23.20 1.76 times
16 Fri May 2025 24.73 19.25 24.88 19.25 1.878 times
09 Fri May 2025 18.80 21.32 21.74 18.00 1.313 times
02 Fri May 2025 21.32 22.95 23.75 21.00 0.912 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
30 Fri May 2025 21.80 21.97 27.38 18.00 1.297 times
30 Wed Apr 2025 22.20 19.18 25.28 19.18 1.002 times
28 Fri Mar 2025 20.12 24.00 24.00 18.62 1.664 times
28 Fri Feb 2025 23.00 26.44 28.99 21.00 0.51 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 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 SELL. Signal strength is Weak and stock is losing 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 SELL signal in short term and selling is picking up 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 24 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 negative.

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 SELL. Signal strength is Weak and stock is losing 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 SELL signal in short term and selling is picking up 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 24 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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