(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 2022-11-07 View latest technical analysis
10 day averaged volume of Esab India is 305
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 3398.50 | 3413.60 | 3515.55 | 3390.05 | 0.561 times |
| 04 Fri Nov 2022 | 3455.15 | 3459.30 | 3492.45 | 3384.05 | 0.57 times |
| 03 Thu Nov 2022 | 3493.75 | 3495.00 | 3501.60 | 3416.15 | 0.866 times |
| 02 Wed Nov 2022 | 3495.90 | 3490.95 | 3497.10 | 3473.50 | 0.03 times |
| 01 Tue Nov 2022 | 3434.00 | 3334.20 | 3519.80 | 3334.20 | 0.885 times |
| 31 Mon Oct 2022 | 3368.60 | 3330.50 | 3415.20 | 3270.00 | 1.479 times |
| 28 Fri Oct 2022 | 3409.40 | 3469.90 | 3469.90 | 3377.15 | 0.774 times |
| 27 Thu Oct 2022 | 3445.45 | 3399.75 | 3450.00 | 3374.00 | 0.534 times |
| 25 Tue Oct 2022 | 3354.75 | 3390.05 | 3425.00 | 3347.45 | 3.354 times |
| 24 Mon Oct 2022 | 3409.60 | 3410.00 | 3524.60 | 3385.35 | 0.351 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 3392.6 as stoploss in an intra day buy trade for a target of 3439.4. However, stock will show a bearish move below 3392.6.
Share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Target | 3021.30 |
| Downside Target | 3118.40 |
| Downside Target | 3186.00 |
| Downside Target | 3270.00 |
| Upside Target | 3470.00 |
| Upside Target | 3519.80 |
| Upside Target | 3524.60 |
| Upside Target | 3571.50 |
| Upside Target | 3647.95 |
| Upside Target | 3748.00 |
| Upside Target | 3769.50 |
Intraday share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Intraday Target | 3353.85 |
| Downside Intraday Target | 3309.2 |
| Upside Intraday Target | 3479.35 |
| Upside Intraday Target | 3560.2 |
| Upside Intraday Target | 3434.7 |
Weekly technical analysis of Esab India (EsabIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 3398.50 | 3413.60 | 3515.55 | 3390.05 | 0.146 times |
| 04 Fri Nov 2022 | 3455.15 | 3330.50 | 3519.80 | 3270.00 | 0.764 times |
| 28 Fri Oct 2022 | 3409.40 | 3410.00 | 3524.60 | 3347.45 | 1.981 times |
| 21 Fri Oct 2022 | 3408.15 | 3523.45 | 3571.50 | 3378.30 | 0.314 times |
| 14 Fri Oct 2022 | 3355.80 | 3400.00 | 3518.00 | 3300.30 | 0.688 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 |
| 07 Mon Nov 2022 | 3398.50 | 3334.20 | 3519.80 | 3334.20 | 0.101 times |
| 31 Mon Oct 2022 | 3368.60 | 3671.40 | 3769.50 | 3270.00 | 0.717 times |
| 30 Fri Sep 2022 | 3639.45 | 3227.95 | 3748.00 | 3118.40 | 1.139 times |
| 30 Tue Aug 2022 | 3246.20 | 3331.55 | 3470.00 | 3021.30 | 1.686 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 | 20, 23, 6 | Sell |
| MACD | 20, 23 | Sell |
| Stochastics | 70 | Buy |
| CCI | 17 | Sell |
| RSI | 64 | Buy |
| OBV | -1589 | Sell |
| VWAP | 3398 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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 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 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 SELL. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Esab India in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 3398.02 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 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.
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