(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 2024-02-22 View latest technical analysis
10 day averaged volume of El Forge is 15170
Date | Daily Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 11.47 | 12.60 | 12.60 | 11.40 | 0.285 times |
21 Wed Feb 2024 | 12.00 | 12.90 | 12.90 | 11.70 | 0.536 times |
20 Tue Feb 2024 | 12.30 | 12.50 | 12.51 | 11.80 | 0.624 times |
19 Mon Feb 2024 | 11.92 | 11.65 | 12.23 | 11.65 | 0.191 times |
16 Fri Feb 2024 | 11.65 | 11.80 | 12.00 | 11.55 | 0.76 times |
15 Thu Feb 2024 | 12.00 | 12.00 | 12.05 | 11.80 | 0.448 times |
14 Wed Feb 2024 | 12.00 | 11.50 | 12.00 | 11.50 | 0.845 times |
13 Tue Feb 2024 | 12.05 | 12.05 | 12.55 | 11.50 | 0.522 times |
12 Mon Feb 2024 | 12.05 | 12.91 | 12.91 | 12.05 | 1.229 times |
09 Fri Feb 2024 | 12.30 | 12.70 | 12.79 | 12.00 | 2.277 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 11.4, for a target of 11.9 or 12.27
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 9.15 |
Downside Target | 10.20 |
Downside Target | 10.90 |
Downside Target | 11.40 |
Upside Target | 11.85 |
Upside Target | 12.30 |
Upside Target | 12.90 |
Upside Target | 13.63 |
Upside Target | 13.78 |
Upside Target | 14.49 |
Upside Target | 14.71 |
Intraday share price targets for El Forge (ElForge)
Target Type | Value |
Downside Intraday Target | 10.95 |
Downside Intraday Target | 10.42 |
Upside Intraday Target | 12.45 |
Upside Intraday Target | 13.42 |
Upside Intraday Target | 11.92 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 11.47 | 11.65 | 12.90 | 11.40 | 0.43 times |
16 Fri Feb 2024 | 11.65 | 12.91 | 12.91 | 11.50 | 0.268 times |
09 Fri Feb 2024 | 12.30 | 12.68 | 13.63 | 12.00 | 2.496 times |
02 Fri Feb 2024 | 12.68 | 12.54 | 13.16 | 11.85 | 0.547 times |
25 Thu Jan 2024 | 12.54 | 13.35 | 14.71 | 12.30 | 0.63 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 |
22 Thu Feb 2024 | 11.47 | 12.50 | 13.63 | 11.40 | 0.5 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 |
30 Thu Nov 2023 | 11.65 | 13.94 | 14.49 | 10.90 | 3.357 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 12.07 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 12.07 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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