Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(EFORCE_SM) Electro Force complete technical analysis [charts+indicators] | Buy/Sell Electro Force | (EFORCE_SM) share price targets

Complete technical analysis of Electro Force (EFORCE_SM) by charts plus indicators, forecast predictions and share price targets for Electro Force (EFORCE_SM)

Showing technical analysis as on 2024-08-08 View latest technical analysis

10 day averaged volume of Electro Force is 40440

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	72.00	72.90	72.90	70.40	0.593 times
07 Wed Aug 2024	71.00	72.00	72.00	69.50	0.653 times
06 Tue Aug 2024	69.75	69.60	71.00	69.60	0.742 times
05 Mon Aug 2024	69.45	70.00	70.90	69.00	1.632 times
02 Fri Aug 2024	71.95	73.30	73.30	71.60	1.068 times
01 Thu Aug 2024	72.60	73.50	74.45	72.55	0.92 times
31 Wed Jul 2024	73.20	73.40	73.75	72.25	1.128 times
30 Tue Jul 2024	72.85	73.20	74.00	72.55	0.92 times
29 Mon Jul 2024	73.15	72.35	74.45	72.00	1.276 times
26 Fri Jul 2024	73.40	73.20	73.70	72.65	0.742 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 71.4 as stoploss in an intra day buy trade for a target of 73.11. However, stock will show a bearish move below 71.4.

Share price targets for Electro Force (EFORCE_SM)

Target Type	Value
Downside Target	69.00
Downside Target	70.75
Upside Target	75.40
Upside Target	76.45
Upside Target	77.05
Upside Target	80.95
Upside Target	81.00
Upside Target	87.85
Upside Target	99.65
Upside Target	102.00

Intraday share price targets for Electro Force (EFORCE_SM)

Target Type	Value
Downside Intraday Target	69.7
Downside Intraday Target	67.4
Upside Intraday Target	73.6
Upside Intraday Target	75.2
Downside Intraday Target	71.3

Weekly technical analysis of Electro Force (EFORCE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	72.00	70.00	72.90	69.00	0.682 times
02 Fri Aug 2024	71.95	72.35	74.45	71.60	1.147 times
26 Fri Jul 2024	73.40	73.45	75.40	71.50	1.054 times
19 Fri Jul 2024	73.50	75.05	76.45	73.00	0.624 times
12 Fri Jul 2024	75.25	80.90	80.95	75.00	0.881 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 Electro Force (EFORCE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	72.00	73.50	74.45	69.00	0.205 times
31 Wed Jul 2024	73.20	77.75	80.95	71.50	0.871 times
28 Fri Jun 2024	76.85	87.85	87.85	70.75	0.857 times
31 Fri May 2024	83.40	99.65	99.65	77.05	0.905 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 Electro Force (EFORCE_SM)

Price action analysis of Electro Force ( (EFORCE_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Electro Force ( (EFORCE_SM) ) 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 Electro Force ( (EFORCE_SM) ) 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 Electro Force ( (EFORCE_SM) ) 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 Electro Force stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Electro Force in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Electro Force 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Electro Force in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Electro Force is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.86 and Electro Force (EFORCE_SM) 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 Electro Force (EFORCE_SM) stock. Volume based technical analysis of Electro Force (EFORCE_SM) stock is negative.

Electro Force 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.