(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 2022-05-18 View latest technical analysis
10 day averaged volume of Esab India is 1983
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 3653.20 | 3696.35 | 3703.60 | 3553.30 | 0.744 times |
| 17 Tue May 2022 | 3626.95 | 3495.00 | 3674.00 | 3468.80 | 1.004 times |
| 16 Mon May 2022 | 3471.00 | 3222.00 | 3489.55 | 3222.00 | 0.455 times |
| 13 Fri May 2022 | 3299.10 | 3065.25 | 3376.35 | 3065.25 | 2.377 times |
| 12 Thu May 2022 | 3047.00 | 3274.15 | 3359.95 | 3018.20 | 0.572 times |
| 11 Wed May 2022 | 3295.20 | 3371.55 | 3444.95 | 3239.55 | 0.495 times |
| 10 Tue May 2022 | 3387.50 | 3416.50 | 3683.25 | 3330.00 | 1.003 times |
| 09 Mon May 2022 | 3376.50 | 3447.05 | 3455.00 | 3311.55 | 0.677 times |
| 06 Fri May 2022 | 3530.20 | 3648.00 | 3684.00 | 3407.00 | 0.825 times |
| 05 Thu May 2022 | 3668.20 | 3342.35 | 3703.30 | 3325.70 | 2.155 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3711.5, for a target of 3538.3 or 3394.04
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 |
| Downside Target | 3550.90 |
| Downside Target | 3610.00 |
| Upside Target | 3683.25 |
| Upside Target | 3703.30 |
| Upside Target | 3703.60 |
Intraday share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Intraday Target | 3348.93 |
| Downside Intraday Target | 3044.67 |
| Upside Intraday Target | 3830.53 |
| Upside Intraday Target | 4007.87 |
| Downside Intraday Target | 3526.27 |
Weekly technical analysis of Esab India (EsabIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 3653.20 | 3222.00 | 3703.60 | 3222.00 | 0.43 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 |
| 18 Wed May 2022 | 3653.20 | 3360.45 | 3703.60 | 3018.20 | 2.167 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 | 28, 14, 34 | Buy |
| MACD | 143, 114 | Buy |
| Stochastics | 83 | Buy |
| CCI | 106 | Buy |
| RSI | 52 | Buy |
| OBV | 13315 | Sell |
| VWAP | 3459 | Buy |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Esab India ( (EsabIndia) ) based on a short 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.
Price action analysis of Esab India ( (EsabIndia) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Esab India ( (EsabIndia) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Esab India in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 3459.36 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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