(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 2022-05-12 View latest technical analysis
10 day averaged volume of Esab India is 1248
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||3047.00||3274.15||3359.95||3018.20||0.909 times|
|11 Wed May 2022||3295.20||3371.55||3444.95||3239.55||0.786 times|
|10 Tue May 2022||3387.50||3416.50||3683.25||3330.00||1.593 times|
|09 Mon May 2022||3376.50||3447.05||3455.00||3311.55||1.075 times|
|06 Fri May 2022||3530.20||3648.00||3684.00||3407.00||1.31 times|
|05 Thu May 2022||3668.20||3342.35||3703.30||3325.70||3.425 times|
|04 Wed May 2022||3343.35||3434.00||3496.30||3311.30||0.699 times|
|02 Mon May 2022||3434.00||3360.45||3434.00||3297.50||0.089 times|
|29 Fri Apr 2022||3317.55||3349.85||3438.00||3283.20||0.12 times|
|28 Thu Apr 2022||3333.05||3398.95||3450.00||3328.00||0.19 times|
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 3052.8, for a target of 3207.4 or 3336.18
Share price targets for Esab India (EsabIndia)
Intraday share price targets for Esab India (EsabIndia)
|Downside Intraday Target||2815.72|
|Downside Intraday Target||2584.43|
|Upside Intraday Target||3480.77|
|Upside Intraday Target||3914.53|
|Upside Intraday Target||3249.48|
Weekly technical analysis of Esab India (EsabIndia)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||3047.00||3447.05||3683.25||3018.20||0.79 times|
|06 Fri May 2022||3530.20||3360.45||3703.30||3297.50||1.823 times|
|29 Fri Apr 2022||3317.55||3282.00||3550.90||3280.00||1.356 times|
|22 Fri Apr 2022||3365.60||3182.80||3513.90||3182.20||4.207 times|
|13 Wed Apr 2022||3217.60||3220.00||3320.00||3181.00||0.265 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|
|12 Thu May 2022||3047.00||3360.45||3703.30||3018.20||1.248 times|
|29 Fri Apr 2022||3317.55||3030.05||3550.90||3026.00||0.837 times|
|31 Thu Mar 2022||3031.65||2820.00||3463.00||2730.10||1.162 times|
|28 Mon Feb 2022||2816.70||3243.85||3398.40||2645.25||0.86 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||22, 22, 1||Buy|
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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Esab India in short term but the sell signal is initial and weak.
Esab India 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 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 positive zone. This is a BUY zone
Stock of Esab India is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3457.01 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.