(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 2022-09-22 View latest technical analysis
10 day averaged volume of Esab India is 437
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Thu Sep 2022||3269.15||3292.00||3321.35||3258.70||0.245 times|
|21 Wed Sep 2022||3245.10||3619.95||3619.95||3223.00||0.709 times|
|20 Tue Sep 2022||3323.85||3300.00||3369.95||3300.00||0.597 times|
|19 Mon Sep 2022||3294.60||3388.00||3388.00||3245.05||4.558 times|
|16 Fri Sep 2022||3354.30||3443.45||3478.05||3333.30||0.201 times|
|15 Thu Sep 2022||3437.05||3516.10||3516.10||3431.50||0.101 times|
|14 Wed Sep 2022||3506.95||3540.00||3572.05||3491.95||0.128 times|
|13 Tue Sep 2022||3549.60||3600.85||3646.00||3517.70||0.32 times|
|12 Mon Sep 2022||3583.55||3482.00||3708.00||3482.00||1.934 times|
|09 Fri Sep 2022||3574.70||3538.30||3584.25||3538.25||0.529 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3229.2 as stoploss in an intra day buy trade for a target of 3371.15. However, stock will show a bearish move below 3229.2.
Share price targets for Esab India (EsabIndia)
Intraday share price targets for Esab India (EsabIndia)
|Downside Intraday Target||3121.45|
|Downside Intraday Target||2973.75|
|Upside Intraday Target||3518.4|
|Upside Intraday Target||3767.65|
|Upside Intraday Target||3370.7|
Weekly technical analysis of Esab India (EsabIndia)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Thu Sep 2022||3269.15||3388.00||3619.95||3223.00||2.276 times|
|16 Fri Sep 2022||3354.30||3482.00||3708.00||3333.30||0.249 times|
|09 Fri Sep 2022||3574.70||3170.00||3650.10||3170.00||4.954 times|
|02 Fri Sep 2022||3236.15||3249.00||3289.00||3073.25||0.64 times|
|26 Fri Aug 2022||3220.55||3160.05||3331.50||3139.85||1.187 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Esab India (EsabIndia)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|22 Thu Sep 2022||3269.15||3227.95||3708.00||3170.00||0.835 times|
|30 Tue Aug 2022||3246.20||3331.55||3470.00||3021.30||1.686 times|
|29 Fri Jul 2022||3310.60||3500.10||3647.95||3186.00||0.385 times|
|30 Thu Jun 2022||3534.55||3191.75||3677.00||3062.65||0.534 times|
Scroll below to view daily charts
Price has moved up 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||31, 16, 31||Buy|
Price action analysis of Esab India ( (EsabIndia) ) based on a short 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 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 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 mid to longer 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.
ADX buy sell signal for Esab India stock for short term is BUY. Signal strength is Strong 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Esab India in short term and SELL 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
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 3382.36 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.