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(EsabIndia) Esab India complete technical analysis [charts+indicators] | Buy/Sell Esab India | (EsabIndia) share price targets

Complete technical analysis of Esab India (EsabIndia) by charts plus indicators, forecast predictions and share price targets for Esab India (EsabIndia)

Showing technical analysis as on 2021-05-18 View latest technical analysis

10 day averaged volume of Esab India is 452

Date Daily Closing Price Open High Low Volume
18 Tue May 2021 1798.55 1793.00 1805.65 1784.90 0.673 times
17 Mon May 2021 1795.90 1791.00 1803.50 1775.00 0.816 times
14 Fri May 2021 1788.75 1815.75 1820.00 1783.25 0.622 times
12 Wed May 2021 1778.75 1798.40 1805.05 1775.00 1.449 times
11 Tue May 2021 1801.95 1797.95 1807.00 1782.10 0.569 times
10 Mon May 2021 1794.45 1806.45 1815.00 1791.00 1.082 times
07 Fri May 2021 1801.25 1787.65 1828.55 1787.65 0.819 times
06 Thu May 2021 1806.60 1866.70 1880.00 1785.00 1.104 times
05 Wed May 2021 1807.65 1793.20 1861.15 1783.40 1.223 times
04 Tue May 2021 1790.55 1804.85 1810.00 1782.40 0.507 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1791.2 as stoploss in an intra day buy trade for a target of 1809.11. However, stock will show a bearish move below 1791.2.

Share price targets for Esab India (EsabIndia)

Target Type Value
Downside Target 1710.15
Upside Target 1820.00
Upside Target 1863.00
Upside Target 1880.00
Upside Target 1889.95
Upside Target 1948.95
Upside Target 1964.00
Upside Target 1986.95
Upside Target 2120.00

Intraday share price targets for Esab India (EsabIndia)

Target Type Value
Downside Intraday Target 1780.48
Downside Intraday Target 1762.42
Upside Intraday Target 1811.13
Upside Intraday Target 1823.72
Downside Intraday Target 1793.07

Weekly technical analysis of Esab India (EsabIndia)

Date Weekly Closing Price Open High Low Volume
18 Tue May 2021 1798.55 1791.00 1805.65 1775.00 0.4 times
14 Fri May 2021 1788.75 1806.45 1820.00 1775.00 0.682 times
07 Fri May 2021 1801.25 1775.05 1880.00 1761.65 1.092 times
30 Fri Apr 2021 1783.80 1836.10 1889.95 1775.00 0.843 times
23 Fri Apr 2021 1821.30 1791.00 1863.00 1750.00 0.841 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 Esab India (EsabIndia)

Date Monthly Closing Price Open High Low Volume
18 Tue May 2021 1798.55 1775.05 1880.00 1761.65 0.359 times
30 Fri Apr 2021 1783.80 1823.65 1964.00 1750.00 0.515 times
31 Wed Mar 2021 1794.50 1900.00 1948.95 1766.00 0.087 times
26 Fri Feb 2021 1824.05 1898.95 2120.00 1723.60 18.683 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 Esab India (EsabIndia)

Indicator Name Indicator Value Indicator Signal
ADX 21, 13, 25 Buy
MACD -19, -18Sell
Stochastics 25Sell
CCI -35Buy
RSI 43Sell
OBV 805Sell
VWAP 1796Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Esab India ( (EsabIndia) ) based on a short 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 Esab India ( (EsabIndia) ) 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 Esab India ( (EsabIndia) ) 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 Esab India ( (EsabIndia) ) 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 Esab India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Esab India in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Esab India 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Esab India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Esab India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1796.15 and Esab India (EsabIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Esab India (EsabIndia) stock. Volume based technical analysis of Esab India (EsabIndia) stock is negative.

Esab India 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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