(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 2024-02-23 View latest technical analysis
10 day averaged volume of El Forge is 11707
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 11.91 | 11.00 | 12.04 | 10.90 | 2.459 times |
| 22 Thu Feb 2024 | 11.47 | 12.60 | 12.60 | 11.40 | 0.37 times |
| 21 Wed Feb 2024 | 12.00 | 12.90 | 12.90 | 11.70 | 0.694 times |
| 20 Tue Feb 2024 | 12.30 | 12.50 | 12.51 | 11.80 | 0.809 times |
| 19 Mon Feb 2024 | 11.92 | 11.65 | 12.23 | 11.65 | 0.247 times |
| 16 Fri Feb 2024 | 11.65 | 11.80 | 12.00 | 11.55 | 0.985 times |
| 15 Thu Feb 2024 | 12.00 | 12.00 | 12.05 | 11.80 | 0.581 times |
| 14 Wed Feb 2024 | 12.00 | 11.50 | 12.00 | 11.50 | 1.095 times |
| 13 Tue Feb 2024 | 12.05 | 12.05 | 12.55 | 11.50 | 0.676 times |
| 12 Mon Feb 2024 | 12.05 | 12.91 | 12.91 | 12.05 | 1.592 times |
Stock of El Forge (ElForge) has showed a significant upmove. This could be a good time to enter in this stock!
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 11.9 as stoploss in an intra day buy trade for a target of 12.24. However, stock will show a bearish move below 11.9.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 10.20 |
| Downside Target | 10.90 |
| Downside Target | 11.50 |
| Downside 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 | 10.91 |
| Downside Intraday Target | 9.9 |
| Upside Intraday Target | 12.91 |
| Upside Intraday Target | 13.9 |
| Downside Intraday Target | 11.9 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 11.91 | 11.65 | 12.90 | 10.90 | 0.929 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 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 |
| 23 Fri Feb 2024 | 11.91 | 12.50 | 13.63 | 10.90 | 0.544 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 negative zone. This is the SELL 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 11.96 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 negative zone. This is the SELL 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 11.96 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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