(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 2024-08-22 View latest technical analysis
10 day averaged volume of Elec Casting is 150389
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 220.25 | 213.85 | 224.50 | 212.00 | 1.273 times |
| 21 Wed Aug 2024 | 211.00 | 208.60 | 214.05 | 205.35 | 0.897 times |
| 20 Tue Aug 2024 | 205.35 | 205.15 | 207.70 | 203.60 | 1.08 times |
| 19 Mon Aug 2024 | 204.50 | 201.65 | 206.65 | 200.75 | 0.775 times |
| 16 Fri Aug 2024 | 201.35 | 200.05 | 203.65 | 198.00 | 0.452 times |
| 14 Wed Aug 2024 | 200.05 | 204.00 | 205.50 | 195.40 | 1.54 times |
| 13 Tue Aug 2024 | 201.70 | 214.30 | 214.30 | 200.15 | 0.58 times |
| 12 Mon Aug 2024 | 210.35 | 208.60 | 214.65 | 202.65 | 1.529 times |
| 09 Fri Aug 2024 | 210.75 | 206.10 | 212.70 | 202.00 | 0.63 times |
| 08 Thu Aug 2024 | 202.35 | 206.25 | 207.75 | 201.25 | 0.642 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 222.5, for a target of 214.6 or 207.99
Share price targets for Elec Casting (ElecCasting)
| Target Type | Value |
| Downside Target | 134.75 |
| Downside Target | 155.40 |
| Downside Target | 163.35 |
| Downside Target | 171.40 |
| Downside Target | 182.50 |
| Downside Target | 193.85 |
| Downside Target | 200.75 |
| Downside Target | 208.00 |
| Downside Target | 212.70 |
| Downside Target | 217.80 |
| Upside Target | 224.45 |
| Upside Target | 224.50 |
Intraday share price targets for Elec Casting (ElecCasting)
| Target Type | Value |
| Downside Intraday Target | 205.83 |
| Downside Intraday Target | 191.42 |
| Upside Intraday Target | 229.58 |
| Upside Intraday Target | 238.92 |
| Downside Intraday Target | 215.17 |
Weekly technical analysis of Elec Casting (ElecCasting)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 220.25 | 201.65 | 224.50 | 200.75 | 0.981 times |
| 16 Fri Aug 2024 | 201.35 | 208.60 | 214.65 | 195.40 | 0.437 times |
| 09 Fri Aug 2024 | 210.75 | 200.25 | 212.70 | 193.85 | 0.772 times |
| 02 Fri Aug 2024 | 215.15 | 216.35 | 224.45 | 202.45 | 0.896 times |
| 26 Fri Jul 2024 | 210.35 | 201.05 | 217.80 | 182.50 | 1.841 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 Elec Casting (ElecCasting)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 220.25 | 220.60 | 224.50 | 193.85 | 0.666 times |
| 31 Wed Jul 2024 | 216.85 | 175.10 | 224.45 | 171.40 | 2.024 times |
| 28 Fri Jun 2024 | 173.55 | 170.75 | 183.70 | 134.75 | 1.039 times |
| 31 Fri May 2024 | 160.95 | 191.75 | 195.55 | 155.40 | 0.655 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)
Price action analysis of Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elec Casting ( (ElecCasting) ) based on a short to mid 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elec Casting 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.
Elec Casting Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elec Casting in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 207.52 and Elec Casting (ElecCasting) 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Elec Casting ( (ElecCasting) ) 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 Elec Casting ( (ElecCasting) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elec Casting ( (ElecCasting) ) based on a short to mid 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 Elec Casting ( (ElecCasting) ) 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 Elec Casting stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elec Casting 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.
Elec Casting Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elec Casting in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 207.52 and Elec Casting (ElecCasting) 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 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 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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