(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 59362
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 18.69 | 18.69 | 18.69 | 17.81 | 2.324 times |
| 23 Tue Apr 2024 | 17.80 | 17.80 | 17.80 | 17.80 | 0.453 times |
| 22 Mon Apr 2024 | 16.96 | 16.96 | 16.96 | 16.96 | 0.288 times |
| 19 Fri Apr 2024 | 16.16 | 14.85 | 16.17 | 14.85 | 0.895 times |
| 18 Thu Apr 2024 | 15.40 | 14.51 | 15.47 | 14.51 | 1.954 times |
| 16 Tue Apr 2024 | 14.74 | 14.90 | 14.90 | 14.31 | 0.268 times |
| 15 Mon Apr 2024 | 14.27 | 14.20 | 14.30 | 13.13 | 0.645 times |
| 12 Fri Apr 2024 | 13.62 | 13.25 | 13.63 | 12.88 | 3.257 times |
| 10 Wed Apr 2024 | 12.99 | 13.24 | 13.78 | 12.58 | 0.292 times |
| 09 Tue Apr 2024 | 13.24 | 13.10 | 14.16 | 13.05 | 0.528 times |
Stock of El Forge (ElForge) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 18, for a target of 16.2 or 14.75
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.90 |
| Downside Target | 11.85 |
| Downside Target | 12.58 |
| Downside Target | 13.13 |
| Downside Target | 13.48 |
| Downside Target | 14.45 |
| Downside Target | 15.47 |
| Downside Target | 16.17 |
| Downside Target | 16.96 |
| Downside Target | 18.69 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 17.54 |
| Downside Intraday Target | 16.38 |
| Upside Intraday Target | 19.27 |
| Upside Intraday Target | 19.84 |
| Downside Intraday Target | 18.11 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 18.69 | 16.96 | 18.69 | 16.96 | 0.815 times |
| 19 Fri Apr 2024 | 16.16 | 14.20 | 16.17 | 13.13 | 0.684 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 |
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 |
| 24 Wed Apr 2024 | 18.69 | 14.25 | 18.69 | 12.58 | 0.78 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 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 short 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 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 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 and the buying is gaining 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 15.52 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 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 short 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 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 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 and the buying is gaining 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 15.52 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.
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