(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)
10 day averaged volume of El Forge is 7983
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 6.68 | 6.65 | 7.19 | 6.62 | 0.736 times |
| 29 Wed Mar 2023 | 6.86 | 6.85 | 7.44 | 6.85 | 0.856 times |
| 28 Tue Mar 2023 | 7.20 | 7.01 | 7.30 | 7.01 | 0.033 times |
| 27 Mon Mar 2023 | 7.34 | 7.10 | 7.70 | 7.10 | 0.621 times |
| 24 Fri Mar 2023 | 7.41 | 7.25 | 7.79 | 7.25 | 0.238 times |
| 23 Thu Mar 2023 | 7.53 | 7.69 | 8.00 | 7.50 | 0.729 times |
| 22 Wed Mar 2023 | 7.69 | 7.59 | 7.99 | 7.59 | 0.203 times |
| 21 Tue Mar 2023 | 7.93 | 7.59 | 8.00 | 7.59 | 1.045 times |
| 20 Mon Mar 2023 | 7.98 | 7.98 | 8.44 | 7.98 | 1.96 times |
| 17 Fri Mar 2023 | 8.39 | 9.00 | 9.05 | 8.39 | 0.945 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.4, but if it comes above 7.4, then a intra day buy could be more profitable.
If you take a sell trade below 7.4, then use 7.4 as stoploss and 5.7 as target. However if you take a buy trade in stock , then use 7.4 as stoploss and 8.72 as target.
Share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Target | 6.45 |
| Downside Target | 6.62 |
| Upside Target | 7.25 |
| Upside Target | 7.59 |
| Upside Target | 8.39 |
| Upside Target | 9.21 |
| Upside Target | 9.78 |
| Upside Target | 10.49 |
| Upside Target | 10.80 |
| Upside Target | 11.73 |
| Upside Target | 14.67 |
Intraday share price targets for El Forge (ElForge)
| Target Type | Value |
| Downside Intraday Target | 6.3 |
| Downside Intraday Target | 5.92 |
| Upside Intraday Target | 7.38 |
| Upside Intraday Target | 8.08 |
| Upside Intraday Target | 7 |
Weekly technical analysis of El Forge (ElForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 6.68 | 7.10 | 7.70 | 6.62 | 0.538 times |
| 24 Fri Mar 2023 | 7.41 | 7.98 | 8.44 | 7.25 | 0.675 times |
| 17 Fri Mar 2023 | 8.39 | 10.17 | 10.49 | 8.39 | 0.53 times |
| 10 Fri Mar 2023 | 10.70 | 9.99 | 11.73 | 9.21 | 1.137 times |
| 03 Fri Mar 2023 | 9.67 | 8.70 | 9.78 | 8.52 | 0.726 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 |
| 31 Fri Mar 2023 | 6.68 | 9.34 | 11.73 | 6.62 | 0.324 times |
| 28 Tue Feb 2023 | 8.90 | 10.29 | 10.80 | 7.59 | 1.56 times |
| 31 Tue Jan 2023 | 10.83 | 6.45 | 14.67 | 6.45 | 0 times |
| 01 Thu Jan 1970 | 0 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 10, 35, 56 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 3 | Sell |
| CCI | -124 | Sell |
| RSI | 62 | Buy |
| OBV | -7271 | Sell |
| VWAP | 8 | Sell |
| ADL | 0 | Sell |
| ROC | -24 | Sell |
| Force Index | 0 | Sell |
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 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 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 BUY signal in short term and the buying is gaining 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 7.64 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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