(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 2025-06-02 View latest technical analysis
10 day averaged volume of El Forge is 29940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Jun 2025 | 21.86 | 21.50 | 22.00 | 21.30 | 0.201 times |
| 30 Fri May 2025 | 21.80 | 22.75 | 23.20 | 21.66 | 0.889 times |
| 29 Thu May 2025 | 22.80 | 23.18 | 23.18 | 22.05 | 0.158 times |
| 28 Wed May 2025 | 22.68 | 22.05 | 22.94 | 22.00 | 0.101 times |
| 27 Tue May 2025 | 22.34 | 22.72 | 24.00 | 22.04 | 2.16 times |
| 26 Mon May 2025 | 23.20 | 23.58 | 24.20 | 23.00 | 0.288 times |
| 23 Fri May 2025 | 23.58 | 24.72 | 24.81 | 23.20 | 1.159 times |
| 22 Thu May 2025 | 24.32 | 24.32 | 25.00 | 24.32 | 2.163 times |
| 21 Wed May 2025 | 25.59 | 26.63 | 27.38 | 25.17 | 1.118 times |
| 20 Tue May 2025 | 26.49 | 26.88 | 26.88 | 25.50 | 0.698 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.4 or till 17.9. Use a stoploss of 22.55 and if the stock hits stoploss, then it can shoot up till 24.65
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 18.00 |
| Downside Target | 18.62 |
| Downside Target | 19.18 |
| Downside Target | 21.00 |
| Upside Target | 23.20 |
| Upside Target | 24.00 |
| Upside Target | 24.20 |
| Upside Target | 24.88 |
| Upside Target | 25.28 |
| Upside Target | 27.38 |
| Upside Target | 28.99 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 21.44 |
| Downside Intraday Target | 21.02 |
| Upside Intraday Target | 22.14 |
| Upside Intraday Target | 22.42 |
| Downside Intraday Target | 21.72 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Jun 2025 | 21.86 | 21.50 | 22.00 | 21.30 | 0.056 times |
| 30 Fri May 2025 | 21.80 | 23.58 | 24.20 | 21.66 | 0.562 times |
| 23 Fri May 2025 | 23.58 | 25.70 | 27.38 | 23.20 | 1.76 times |
| 16 Fri May 2025 | 24.73 | 19.25 | 24.88 | 19.25 | 1.878 times |
| 09 Fri May 2025 | 18.80 | 21.32 | 21.74 | 18.00 | 1.313 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 |
| 02 Mon Jun 2025 | 21.86 | 21.50 | 22.00 | 21.30 | 0.013 times |
| 30 Fri May 2025 | 21.80 | 21.97 | 27.38 | 18.00 | 1.297 times |
| 30 Wed Apr 2025 | 22.20 | 19.18 | 25.28 | 19.18 | 1.002 times |
| 28 Fri Mar 2025 | 20.12 | 24.00 | 24.00 | 18.62 | 1.664 times |
Scroll below to view daily charts
Price has moved up 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 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 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 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 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 23.69 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 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 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 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 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 23.69 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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