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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)

Showing technical analysis as on 2021-09-17 View latest technical analysis

10 day averaged volume of Elec Casting is 205139

Date Daily Closing Price Open High Low Volume
17 Fri Sep 2021 38.65 39.50 39.90 37.95 0.639 times
16 Thu Sep 2021 39.65 40.00 40.60 39.45 0.441 times
15 Wed Sep 2021 40.10 39.90 41.75 39.75 0.908 times
14 Tue Sep 2021 39.80 41.45 41.45 39.35 1.187 times
13 Mon Sep 2021 40.85 40.50 44.20 40.35 3.147 times
09 Thu Sep 2021 39.95 40.00 40.25 38.35 1.482 times
08 Wed Sep 2021 38.65 36.00 38.90 35.80 1.466 times
07 Tue Sep 2021 35.95 35.35 36.50 35.10 0.49 times
06 Mon Sep 2021 35.20 35.70 36.05 35.05 0.147 times
03 Fri Sep 2021 35.45 35.60 35.65 35.10 0.242 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39 as stoploss in an intra day sell trade for a target of 36.88. However, stock will show a bullish move above 39.

Share price targets for Elec Casting (ElecCasting)

Target Type Value
Downside Target 31.10
Downside Target 32.90
Downside Target 35.05
Downside Target 36.25
Downside Target 37.00
Downside Target 37.95
Upside Target 39.90
Upside Target 40.25
Upside Target 40.50
Upside Target 41.60
Upside Target 44.20

Intraday share price targets for Elec Casting (ElecCasting)

Target Type Value
Downside Intraday Target 36.33
Downside Intraday Target 34.02
Upside Intraday Target 42.58
Upside Intraday Target 46.52
Upside Intraday Target 40.27

Weekly technical analysis of Elec Casting (ElecCasting)

Date Weekly Closing Price Open High Low Volume
17 Fri Sep 2021 38.65 40.50 44.20 37.95 1.764 times
09 Thu Sep 2021 39.95 35.70 40.25 35.05 3.021 times
03 Fri Sep 2021 35.45 35.20 36.25 35.05 0.572 times
27 Fri Aug 2021 35.10 35.40 37.00 32.90 0.83 times
20 Fri Aug 2021 34.95 36.90 40.50 33.30 0.961 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elec Casting (ElecCasting)

Date Monthly Closing Price Open High Low Volume
17 Fri Sep 2021 38.65 35.95 44.20 35.05 0.946 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
30 Wed Jun 2021 37.20 32.15 40.25 31.40 1.512 times

Scroll below to view daily charts

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 Elec Casting (ElecCasting)

Indicator Name Indicator Value Indicator Signal
ADX 34, 19, 27 Buy
MACD 1, 1Buy
Stochastics 48None
CCI 11Sell
RSI 55Buy
OBV 801882Sell
VWAP 40Sell
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Elec Casting ( (ElecCasting) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Elec Casting ( (ElecCasting) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) based on a mid to longer term time period is

ADX buy sell signal for Elec Casting stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Elec Casting in short term and the buy signal is strong.

Elec Casting 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 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 SELL signal for Elec Casting 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 negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.57 and Elec Casting (ElecCasting) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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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Daily charts

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Daily chart

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