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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 81914

Date Daily Closing Price Open High Low Volume
20 Mon Mar 2023 32.94 32.85 33.65 32.65 0.771 times
17 Fri Mar 2023 33.46 33.15 33.80 33.15 1.215 times
16 Thu Mar 2023 33.18 33.05 33.91 32.65 0.952 times
15 Wed Mar 2023 33.67 33.80 34.00 33.00 1.153 times
14 Tue Mar 2023 33.26 32.55 33.50 32.55 0.871 times
13 Mon Mar 2023 33.17 33.42 34.06 33.06 0.89 times
10 Fri Mar 2023 33.86 34.60 34.65 33.76 0.596 times
09 Thu Mar 2023 34.71 34.70 35.47 34.61 0.844 times
08 Wed Mar 2023 34.67 33.84 34.90 33.60 1.872 times
06 Mon Mar 2023 33.84 34.05 34.52 33.80 0.739 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.2, but if it comes above 33.2, then a intra day buy could be more profitable.
If you take a sell trade below 33.2, then use 33.2 as stoploss and 32.5 as target. However if you take a buy trade in stock , then use 33.2 as stoploss and 33.74 as target.

Share price targets for Elec Casting (ElecCasting)

Target Type Value
Downside Target 32.55
Upside Target 33.60
Upside Target 34.98
Upside Target 35.47
Upside Target 35.70
Upside Target 37.60
Upside Target 38.80
Upside Target 40.55
Upside Target 40.70
Upside Target 45.75

Intraday share price targets for Elec Casting (ElecCasting)

Target Type Value
Downside Intraday Target 32.51
Downside Intraday Target 32.08
Upside Intraday Target 33.51
Upside Intraday Target 34.08
Upside Intraday Target 33.08

Weekly technical analysis of Elec Casting (ElecCasting)

Date Weekly Closing Price Open High Low Volume
20 Mon Mar 2023 32.94 32.85 33.65 32.65 0.152 times
17 Fri Mar 2023 33.46 33.42 34.06 32.55 1.254 times
10 Fri Mar 2023 33.86 34.05 35.47 33.60 0.973 times
03 Fri Mar 2023 34.06 34.45 34.98 32.70 0.294 times
24 Fri Feb 2023 33.70 33.50 35.70 32.85 2.733 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
20 Mon Mar 2023 32.94 33.85 35.47 32.55 0.424 times
28 Tue Feb 2023 33.75 37.45 37.60 32.70 0.806 times
31 Tue Jan 2023 37.00 39.20 40.55 35.05 1.08 times
30 Fri Dec 2022 38.35 39.65 40.70 35.00 0.348 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 12, 27, 38 Sell
MACD -1, -1Buy
Stochastics 22Sell
CCI -87Sell
RSI 51Buy
OBV 245763Sell
VWAP 34Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 Strong and stock is gaining momentum.

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

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elec Casting in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 33.76 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Elec Casting charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

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