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(ElecCasting) Elec Casting complete technical analysis [charts+indicators] | Buy/Sell Elec Casting | (ElecCasting) share price targets

Complete technical analysis of Elec Casting (ElecCasting) by charts plus indicators, forecast predictions and share price targets for Elec Casting (ElecCasting)

10 day averaged volume of Elec Casting is 61055

Date Daily Closing Price Open High Low Volume
14 Thu Oct 2021 36.30 36.65 37.15 36.00 1.08 times
13 Wed Oct 2021 36.30 36.05 36.95 35.65 0.453 times
12 Tue Oct 2021 35.80 36.60 36.85 35.55 1.098 times
11 Mon Oct 2021 36.65 37.30 37.30 36.60 0.339 times
08 Fri Oct 2021 36.80 37.65 37.65 36.60 0.617 times
07 Thu Oct 2021 37.10 37.50 37.80 36.95 0.787 times
06 Wed Oct 2021 36.90 37.45 37.55 36.70 2.206 times
05 Tue Oct 2021 37.00 37.30 37.30 36.65 2.21 times
04 Mon Oct 2021 36.85 37.20 37.65 36.70 1.109 times
01 Fri Oct 2021 37.25 36.70 37.55 36.65 0.573 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.4, but if it comes above 36.4, then a intra day buy could be more profitable.
If you take a sell trade below 36.4, then use 36.4 as stoploss and 35.7 as target. However if you take a buy trade in stock , then use 36.4 as stoploss and 36.99 as target.

Share price targets for Elec Casting (ElecCasting)

Target Type Value
Downside Target 31.40
Downside Target 32.90
Downside Target 35.05
Upside Target 37.95
Upside Target 38.10
Upside Target 39.65
Upside Target 39.90
Upside Target 40.25
Upside Target 41.60
Upside Target 44.20

Intraday share price targets for Elec Casting (ElecCasting)

Target Type Value
Downside Intraday Target 35.47
Downside Intraday Target 34.63
Upside Intraday Target 37.22
Upside Intraday Target 38.13
Upside Intraday Target 36.38

Weekly technical analysis of Elec Casting (ElecCasting)

Date Weekly Closing Price Open High Low Volume
14 Thu Oct 2021 36.30 37.30 37.30 35.55 0.429 times
08 Fri Oct 2021 36.80 37.20 37.80 36.60 1.944 times
01 Fri Oct 2021 37.25 36.75 38.10 35.85 0.788 times
24 Fri Sep 2021 36.95 37.05 39.65 36.30 0.213 times
17 Fri Sep 2021 38.65 40.50 44.20 37.95 1.764 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 Elec Casting (ElecCasting)

Date Monthly Closing Price Open High Low Volume
14 Thu Oct 2021 36.30 36.70 37.80 35.55 0.237 times
30 Thu Sep 2021 37.10 35.95 44.20 35.05 1.14 times
31 Tue Aug 2021 35.55 39.00 41.60 32.90 1.01 times
30 Fri Jul 2021 38.35 37.90 39.90 35.45 0.648 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 Elec Casting (ElecCasting)

Indicator Name Indicator Value Indicator Signal
ADX 17, 18, 5 Sell
MACD -0, -0Sell
Stochastics 24Sell
CCI -70Buy
RSI 54Buy
OBV -438743Sell
VWAP 37Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Elec Casting in short term and the sell signal is strong.

Elec Casting 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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Elec Casting 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Elec Casting is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 36.73 and Elec Casting (ElecCasting) 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 Elec Casting (ElecCasting) stock. Volume based technical analysis of Elec Casting (ElecCasting) stock is negative.

Elec Casting Stock has given negative 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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Daily charts

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Daily chart

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