(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 2024-03-07 View latest technical analysis
10 day averaged volume of El Forge is 21017
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 9.72 | 10.23 | 10.70 | 9.72 | 1.64 times |
| 06 Wed Mar 2024 | 10.23 | 10.00 | 10.45 | 9.98 | 0.807 times |
| 05 Tue Mar 2024 | 10.50 | 11.05 | 11.60 | 10.50 | 0.376 times |
| 04 Mon Mar 2024 | 11.05 | 11.63 | 12.21 | 11.05 | 3.44 times |
| 02 Sat Mar 2024 | 11.63 | 12.79 | 12.79 | 11.59 | 0.38 times |
| 01 Fri Mar 2024 | 12.20 | 13.35 | 13.38 | 12.12 | 0.276 times |
| 29 Thu Feb 2024 | 12.75 | 12.60 | 12.75 | 11.60 | 0.485 times |
| 28 Wed Feb 2024 | 12.15 | 12.61 | 12.61 | 12.00 | 1.079 times |
| 27 Tue Feb 2024 | 12.01 | 12.00 | 12.60 | 12.00 | 1.301 times |
| 26 Mon Feb 2024 | 12.00 | 12.00 | 12.01 | 11.35 | 0.487 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 10.1, for a target of 10.9 or 11.68
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 9.15 |
| Downside Target | 9.72 |
| Upside Target | 10.20 |
| Upside Target | 10.90 |
| Upside Target | 11.35 |
| Upside Target | 11.85 |
| Upside Target | 12.90 |
| Upside Target | 13.38 |
| Upside Target | 13.63 |
| Upside Target | 14.49 |
| Upside Target | 14.71 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 8.89 |
| Downside Intraday Target | 8.06 |
| Upside Intraday Target | 11.38 |
| Upside Intraday Target | 13.04 |
| Upside Intraday Target | 10.55 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of El Forge (ElForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 9.72 | 13.35 | 13.38 | 9.72 | 0.341 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red 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 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 11.17 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for El Forge stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red 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 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 11.17 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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