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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 2022-05-16 View latest technical analysis

10 day averaged volume of Esab India is 1720

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 3471.00 3222.00 3489.55 3222.00 0.524 times
13 Fri May 2022 3299.10 3065.25 3376.35 3065.25 2.74 times
12 Thu May 2022 3047.00 3274.15 3359.95 3018.20 0.66 times
11 Wed May 2022 3295.20 3371.55 3444.95 3239.55 0.57 times
10 Tue May 2022 3387.50 3416.50 3683.25 3330.00 1.156 times
09 Mon May 2022 3376.50 3447.05 3455.00 3311.55 0.78 times
06 Fri May 2022 3530.20 3648.00 3684.00 3407.00 0.951 times
05 Thu May 2022 3668.20 3342.35 3703.30 3325.70 2.485 times
04 Wed May 2022 3343.35 3434.00 3496.30 3311.30 0.507 times
02 Mon May 2022 3434.00 3360.45 3434.00 3297.50 0.065 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3478.8 as stoploss in an intra day sell trade for a target of 3353.77. However, stock will show a bullish move above 3478.8.

Share price targets for Esab India (EsabIndia)

Target Type Value
Downside Target 2645.25
Downside Target 2730.10
Downside Target 2916.05
Downside Target 3018.20
Downside Target 3182.20
Downside Target 3398.40
Upside Target 3513.90
Upside Target 3550.90
Upside Target 3610.00
Upside Target 3683.25
Upside Target 3703.30

Intraday share price targets for Esab India (EsabIndia)

Target Type Value
Downside Intraday Target 3298.82
Downside Intraday Target 3126.63
Upside Intraday Target 3566.37
Upside Intraday Target 3661.73
Downside Intraday Target 3394.18

Weekly technical analysis of Esab India (EsabIndia)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 3471.00 3222.00 3489.55 3222.00 0.089 times
13 Fri May 2022 3299.10 3447.05 3683.25 3018.20 1.474 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

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
16 Mon May 2022 3471.00 3360.45 3703.30 3018.20 1.816 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Esab India (EsabIndia)

Indicator Name Indicator Value Indicator Signal
ADX 22, 16, 16 Buy
MACD 82, 102Sell
Stochastics 37None
CCI 8Buy
RSI 52Buy
OBV 10136Sell
VWAP 3419Buy
ADL 0Sell
ROC 5Buy
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 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 gaining momentum.

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

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

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 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 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 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 3419.06 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 rising upwards.

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 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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