(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)
10 day averaged volume of El Forge is 11489
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon May 2025 | 19.95 | 19.25 | 20.50 | 19.25 | 1.857 times |
| 09 Fri May 2025 | 18.80 | 19.00 | 19.00 | 18.00 | 0.975 times |
| 08 Thu May 2025 | 19.09 | 20.99 | 21.00 | 18.61 | 1.928 times |
| 07 Wed May 2025 | 20.67 | 20.75 | 21.24 | 19.11 | 0.507 times |
| 06 Tue May 2025 | 20.26 | 20.96 | 21.25 | 20.20 | 0.775 times |
| 05 Mon May 2025 | 20.96 | 21.32 | 21.74 | 20.50 | 0.863 times |
| 02 Fri May 2025 | 21.32 | 21.97 | 23.49 | 21.00 | 1.252 times |
| 30 Wed Apr 2025 | 22.20 | 22.70 | 23.25 | 22.10 | 0.421 times |
| 29 Tue Apr 2025 | 22.70 | 22.58 | 23.25 | 22.50 | 0.708 times |
| 28 Mon Apr 2025 | 22.57 | 22.95 | 23.75 | 22.20 | 1.463 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.3, but if it comes above 20.3, then a intra day buy could be more profitable.
If you take a sell trade below 20.3, then use 20.3 as stoploss and 18.4 as target. However if you take a buy trade in stock , then use 20.3 as stoploss and 22.01 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 18.00 |
| Downside Target | 18.62 |
| Downside Target | 19.18 |
| Upside Target | 20.50 |
| Upside Target | 21.00 |
| Upside Target | 21.74 |
| Upside Target | 22.20 |
| Upside Target | 23.49 |
| Upside Target | 24.23 |
| Upside Target | 24.95 |
| Upside Target | 25.28 |
| Upside Target | 28.99 |
| Upside Target | 35.07 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 19.3 |
| Downside Intraday Target | 18.65 |
| Upside Intraday Target | 20.55 |
| Upside Intraday Target | 21.15 |
| Downside Intraday Target | 19.9 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon May 2025 | 19.95 | 19.25 | 20.50 | 19.25 | 0.368 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 |
| 25 Fri Apr 2025 | 22.74 | 23.99 | 24.95 | 22.21 | 1.658 times |
| 17 Thu Apr 2025 | 23.24 | 22.35 | 25.28 | 22.20 | 0.917 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 |
| 12 Mon May 2025 | 19.95 | 21.97 | 23.49 | 18.00 | 0.253 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term but BUY signal is weak.
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 20.61 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for El Forge in short term but BUY signal is weak.
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 20.61 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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