(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 57129
Date | Daily Closing Price | Open | High | Low | Volume |
30 Tue Apr 2024 | 20.73 | 22.71 | 22.71 | 20.55 | 2.163 times |
29 Mon Apr 2024 | 21.63 | 21.63 | 21.63 | 21.63 | 0.351 times |
26 Fri Apr 2024 | 20.60 | 20.60 | 20.60 | 20.60 | 0.767 times |
25 Thu Apr 2024 | 19.62 | 19.62 | 19.62 | 19.50 | 0.295 times |
24 Wed Apr 2024 | 18.69 | 18.69 | 18.69 | 17.81 | 2.415 times |
Stock of El Forge (ElForge) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.8, but if it comes below 18.8, then a intra day sell could be more profitable.
If you take a sell trade below 18.8, then use 18.8 as stoploss and 16.01 as target. However if you take a buy trade in stock , then use 18.8 as stoploss and 22.1 as target.
Share price targets for El Forge (ElForge)
Target Type | Value |
Downside Target | 9.15 |
Downside Target | 10.20 |
Downside Target | 10.90 |
Downside Target | 11.85 |
Downside Target | 12.58 |
Downside Target | 13.13 |
Downside Target | 13.63 |
Downside Target | 14.45 |
Downside Target | 15.47 |
Downside Target | 16.17 |
Downside Target | 16.96 |
Downside Target | 20.55 |
Downside Target | 20.60 |
Upside Target | 22.71 |
Intraday share price targets for El Forge (ElForge)
Target Type | Value |
Downside Intraday Target | 19.95 |
Downside Intraday Target | 19.17 |
Upside Intraday Target | 22.11 |
Upside Intraday Target | 23.49 |
Upside Intraday Target | 21.33 |
Weekly technical analysis of El Forge (ElForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Tue Apr 2024 | 20.73 | 21.63 | 22.71 | 20.55 | 0.592 times |
26 Fri Apr 2024 | 20.60 | 16.96 | 20.60 | 16.96 | 1.086 times |
19 Fri Apr 2024 | 16.16 | 14.20 | 16.17 | 13.13 | 0.684 times |
12 Fri Apr 2024 | 13.62 | 13.82 | 14.45 | 12.58 | 1.531 times |
05 Fri Apr 2024 | 13.98 | 14.25 | 14.67 | 13.17 | 0.507 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 |
30 Tue Apr 2024 | 20.73 | 14.25 | 22.71 | 12.58 | 0.948 times |
28 Thu Mar 2024 | 13.85 | 13.35 | 15.47 | 9.24 | 2.845 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 |
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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 64, 5, 86 | Buy |
MACD | 4, 3 | Buy |
Stochastics | 92 | Buy |
CCI | 99 | Sell |
RSI | 63 | Buy |
OBV | 272697 | Sell |
VWAP | 18 | Buy |
ADL | 0 | Sell |
ROC | 45 | Buy |
Force Index | 0 | Sell |
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of El Forge ( (ElForge) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of El Forge ( (ElForge) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of El Forge ( (ElForge) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for El Forge stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for El Forge in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
El Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for El Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 18.3 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 rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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