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(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 2024-12-23 View latest technical analysis

10 day averaged volume of Electro Force is 21000

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	59.00	59.00	60.90	57.80	1.086 times
20 Fri Dec 2024	58.40	59.20	59.20	58.30	0.629 times
19 Thu Dec 2024	59.65	58.05	59.75	57.50	1.143 times
18 Wed Dec 2024	58.75	60.90	60.90	58.60	1.314 times
17 Tue Dec 2024	59.75	60.00	60.00	59.25	0.971 times
16 Mon Dec 2024	60.15	60.70	60.85	59.35	1.657 times
13 Fri Dec 2024	61.10	61.00	61.10	60.10	0.229 times
12 Thu Dec 2024	61.00	62.45	62.45	59.90	1.314 times
11 Wed Dec 2024	61.20	60.30	62.50	60.30	0.857 times
10 Tue Dec 2024	60.35	61.55	62.00	60.30	0.8 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.3, but if it comes above 59.3, then a intra day buy could be more profitable.
If you take a sell trade below 59.3, then use 59.3 as stoploss and 58.2 as target. However if you take a buy trade in stock , then use 59.3 as stoploss and 60.17 as target.

Share price targets for Electro Force (EFORCE_SM)

Target Type	Value
Downside Target	57.20
Upside Target	62.55
Upside Target	62.80
Upside Target	66.25
Upside Target	69.00
Upside Target	70.00
Upside Target	72.75
Upside Target	78.85
Upside Target	83.85

Intraday share price targets for Electro Force (EFORCE_SM)

Target Type	Value
Downside Intraday Target	57.57
Downside Intraday Target	56.13
Upside Intraday Target	60.67
Upside Intraday Target	62.33
Upside Intraday Target	59.23

Weekly technical analysis of Electro Force (EFORCE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	59.00	59.00	60.90	57.80	0.19 times
20 Fri Dec 2024	58.40	60.70	60.90	57.50	1.333 times
13 Fri Dec 2024	61.10	62.50	62.50	59.80	0.62 times
06 Fri Dec 2024	61.85	60.70	62.80	58.75	1.315 times
29 Fri Nov 2024	60.30	60.55	62.00	58.55	0.458 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
23 Mon Dec 2024	59.00	60.70	62.80	57.50	0.677 times
29 Fri Nov 2024	60.30	68.00	69.00	57.20	0.975 times
31 Thu Oct 2024	66.10	70.45	72.75	62.55	0.781 times
30 Mon Sep 2024	71.85	75.00	78.85	70.00	0.618 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 59.87 and Electro Force (EFORCE_SM) 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 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.