(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 2025-06-03 View latest technical analysis
10 day averaged volume of El Forge is 26749
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Jun 2025 | 21.24 | 22.24 | 22.24 | 20.82 | 0.975 times |
| 02 Mon Jun 2025 | 21.86 | 21.50 | 22.00 | 21.30 | 0.225 times |
| 30 Fri May 2025 | 21.80 | 22.75 | 23.20 | 21.66 | 0.995 times |
| 29 Thu May 2025 | 22.80 | 23.18 | 23.18 | 22.05 | 0.177 times |
| 28 Wed May 2025 | 22.68 | 22.05 | 22.94 | 22.00 | 0.113 times |
| 27 Tue May 2025 | 22.34 | 22.72 | 24.00 | 22.04 | 2.417 times |
| 26 Mon May 2025 | 23.20 | 23.58 | 24.20 | 23.00 | 0.323 times |
| 23 Fri May 2025 | 23.58 | 24.72 | 24.81 | 23.20 | 1.297 times |
| 22 Thu May 2025 | 24.32 | 24.32 | 25.00 | 24.32 | 2.421 times |
| 21 Wed May 2025 | 25.59 | 26.63 | 27.38 | 25.17 | 1.251 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 20.5 as stoploss in an intra day buy trade for a target of 22.6. However, stock will show a bearish move below 20.5.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 18.00 |
| Downside Target | 18.62 |
| Downside Target | 19.18 |
| Downside Target | 20.82 |
| Upside Target | 21.66 |
| Upside Target | 22.24 |
| Upside Target | 23.20 |
| Upside Target | 24.00 |
| Upside Target | 24.20 |
| Upside Target | 24.88 |
| Upside Target | 25.28 |
| Upside Target | 27.38 |
| Upside Target | 28.99 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 20.63 |
| Downside Intraday Target | 20.01 |
| Upside Intraday Target | 22.05 |
| Upside Intraday Target | 22.85 |
| Upside Intraday Target | 21.43 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Jun 2025 | 21.24 | 21.50 | 22.24 | 20.82 | 0.298 times |
| 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 |
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 |
| 03 Tue Jun 2025 | 21.24 | 21.50 | 22.24 | 20.82 | 0.067 times |
| 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 |
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
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 red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 23.24 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
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 red color and prices are below the red 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 23.24 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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