(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 88103
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 13.85 | 13.48 | 14.40 | 13.48 | 0.835 times |
27 Wed Mar 2024 | 14.18 | 15.47 | 15.47 | 14.18 | 0.65 times |
26 Tue Mar 2024 | 14.92 | 14.99 | 14.99 | 13.90 | 3.287 times |
22 Fri Mar 2024 | 14.28 | 14.28 | 14.28 | 14.00 | 2.78 times |
21 Thu Mar 2024 | 13.60 | 13.60 | 13.60 | 13.60 | 0.75 times |
20 Wed Mar 2024 | 12.96 | 12.96 | 12.96 | 12.96 | 0.469 times |
19 Tue Mar 2024 | 12.35 | 12.35 | 12.35 | 12.35 | 0.131 times |
18 Mon Mar 2024 | 11.77 | 11.77 | 11.77 | 11.77 | 0.128 times |
15 Fri Mar 2024 | 11.21 | 11.21 | 11.21 | 11.21 | 0.176 times |
14 Thu Mar 2024 | 10.68 | 10.68 | 10.68 | 10.00 | 1.562 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.5, but if it comes below 13.5, then a intra day sell could be more profitable.
If you take a sell trade below 13.5, then use 13.5 as stoploss and 11.85 as target. However if you take a buy trade in stock , then use 13.5 as stoploss and 15.5 as target.
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 9.15 |
Downside Target | 9.72 |
Downside Target | 10.20 |
Downside Target | 10.90 |
Downside Target | 11.21 |
Downside Target | 11.77 |
Downside Target | 12.21 |
Downside Target | 13.38 |
Downside Target | 13.63 |
Upside Target | 14.28 |
Upside Target | 14.49 |
Upside Target | 14.71 |
Upside Target | 15.47 |
Intraday share price targets for El Forge (ElForge)
Target Type | Value |
Downside Intraday Target | 13.06 |
Downside Intraday Target | 12.28 |
Upside Intraday Target | 15.05 |
Upside Intraday Target | 16.26 |
Upside Intraday Target | 14.27 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
15 Fri Mar 2024 | 11.21 | 10.20 | 11.21 | 9.24 | 2.055 times |
07 Thu Mar 2024 | 9.72 | 11.63 | 12.21 | 9.72 | 1.563 times |
02 Sat Mar 2024 | 11.63 | 12.00 | 13.38 | 11.35 | 1.571 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 |
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 |
29 Fri Dec 2023 | 10.45 | 11.65 | 11.85 | 9.15 | 0.331 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
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 13.71 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
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 13.71 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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