(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 2024-03-15 View latest technical analysis
10 day averaged volume of El Forge is 40044
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 11.21 | 11.21 | 11.21 | 11.21 | 0.387 times |
| 14 Thu Mar 2024 | 10.68 | 10.68 | 10.68 | 10.00 | 3.437 times |
| 13 Wed Mar 2024 | 10.18 | 10.18 | 10.18 | 10.18 | 0.147 times |
| 12 Tue Mar 2024 | 9.70 | 9.70 | 9.70 | 9.70 | 0.057 times |
| 11 Mon Mar 2024 | 9.24 | 10.20 | 10.20 | 9.24 | 2.728 times |
| 07 Thu Mar 2024 | 9.72 | 10.23 | 10.70 | 9.72 | 0.861 times |
| 06 Wed Mar 2024 | 10.23 | 10.00 | 10.45 | 9.98 | 0.424 times |
| 05 Tue Mar 2024 | 10.50 | 11.05 | 11.60 | 10.50 | 0.197 times |
| 04 Mon Mar 2024 | 11.05 | 11.63 | 12.21 | 11.05 | 1.805 times |
| 02 Sat Mar 2024 | 11.63 | 12.79 | 12.79 | 11.59 | 0.199 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10.2 or till 9.1. Use a stoploss of 11.24 and if the stock hits stoploss, then it can shoot up till 12.23
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 |
| Upside Target | 11.85 |
| Upside Target | 12.21 |
| Upside Target | 12.90 |
| Upside Target | 12.91 |
| 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 | 9.9 |
| Downside Intraday Target | 8.58 |
| Upside Intraday Target | 11.87 |
| Upside Intraday Target | 12.52 |
| Downside Intraday Target | 10.55 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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 |
Price has moved up 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 |
| 15 Fri Mar 2024 | 11.21 | 13.35 | 13.38 | 9.24 | 0.977 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 10.28 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for El Forge in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 10.28 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 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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