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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 2022-05-18 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, 114Buy
Stochastics 83Buy
CCI 106Buy
RSI 52Buy
OBV 13315Sell
VWAP 3459Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

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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