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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 2022-01-24 View latest technical analysis

10 day averaged volume of Esab India is 370

Date Daily Closing Price Open High Low Volume
24 Mon Jan 2022 3045.10 3250.00 3250.00 2916.05 4.857 times
21 Fri Jan 2022 3284.75 3520.00 3520.00 3246.35 0.903 times
20 Thu Jan 2022 3434.90 3426.70 3443.60 3389.90 0.843 times
19 Wed Jan 2022 3435.05 3432.85 3495.00 3398.15 0.481 times
18 Tue Jan 2022 3420.80 3449.05 3460.30 3388.00 1.089 times
17 Mon Jan 2022 3452.80 3419.55 3489.20 3414.70 0.395 times
14 Fri Jan 2022 3418.15 3389.10 3445.15 3385.40 0.397 times
13 Thu Jan 2022 3379.35 3315.10 3390.00 3305.95 0.597 times
12 Wed Jan 2022 3316.35 3400.00 3400.00 3304.45 1.243 times
11 Tue Jan 2022 3356.25 3422.90 3422.90 3345.00 2.322 times

Stock of Esab India (EsabIndia) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3168.4, for a target of 3289.6 or 3390.63

Share price targets for Esab India (EsabIndia)

Target Type Value
Downside Target 2063.55
Downside Target 2167.60
Downside Target 2332.00
Downside Target 2446.25
Downside Target 2609.95
Downside Target 2916.05
Downside Target 3018.05
Upside Target 3115.05
Upside Target 3246.35
Upside Target 3490.70
Upside Target 3496.50
Upside Target 3520.00
Upside Target 3610.00

Intraday share price targets for Esab India (EsabIndia)

Target Type Value
Downside Intraday Target 2890.77
Downside Intraday Target 2736.43
Upside Intraday Target 3224.72
Upside Intraday Target 3404.33
Upside Intraday Target 3070.38

Weekly technical analysis of Esab India (EsabIndia)

Date Weekly Closing Price Open High Low Volume
24 Mon Jan 2022 3045.10 3250.00 3250.00 2916.05 1.309 times
21 Fri Jan 2022 3284.75 3419.55 3520.00 3246.35 0.589 times
14 Fri Jan 2022 3418.15 3490.70 3490.70 3304.45 0.49 times
07 Fri Jan 2022 3474.65 3338.00 3610.00 3338.00 0.74 times
31 Fri Dec 2021 3361.55 3168.00 3496.50 3115.05 1.15 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 Esab India (EsabIndia)

Date Monthly Closing Price Open High Low Volume
24 Mon Jan 2022 3045.10 3338.00 3610.00 2916.05 0.432 times
31 Fri Dec 2021 3361.55 2755.00 3496.50 2659.50 0.609 times
30 Tue Nov 2021 2677.60 2540.00 3018.05 2446.25 1.201 times
29 Fri Oct 2021 2535.80 2170.55 2609.95 2167.60 0.552 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 Esab India (EsabIndia)

Indicator Name Indicator Value Indicator Signal
ADX 13, 40, 50 Sell
MACD 157, 229Sell
Stochastics 34None
CCI -288Sell
RSI 47Sell
OBV 2485Sell
VWAP 3252Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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 Esab India ( (EsabIndia) ) based on a short to mid 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 Esab India ( (EsabIndia) ) 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 Esab India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Esab India 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 Esab India in short term and SELL signal is strong!

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 3251.56 and Esab India (EsabIndia) 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 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.

Click here for Esab India charts

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