(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 2023-01-20 View latest technical analysis
10 day averaged volume of Esab India is 242
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 3940.00 | 3940.00 | 3957.10 | 3917.90 | 0.649 times |
| 19 Thu Jan 2023 | 3927.80 | 3900.70 | 3940.00 | 3886.90 | 0.901 times |
| 18 Wed Jan 2023 | 3879.10 | 3857.00 | 3889.00 | 3857.00 | 0.583 times |
| 17 Tue Jan 2023 | 3878.40 | 3930.05 | 3933.55 | 3864.95 | 1.07 times |
| 16 Mon Jan 2023 | 3937.65 | 3952.20 | 3964.30 | 3905.00 | 0.893 times |
| 13 Fri Jan 2023 | 3952.30 | 3960.85 | 3980.75 | 3925.85 | 0.421 times |
| 12 Thu Jan 2023 | 3915.40 | 3975.00 | 3975.00 | 3880.85 | 0.736 times |
| 11 Wed Jan 2023 | 3943.15 | 3953.50 | 3961.85 | 3891.60 | 1.901 times |
| 10 Tue Jan 2023 | 3948.20 | 4171.95 | 4171.95 | 3940.00 | 2.36 times |
| 09 Mon Jan 2023 | 4101.20 | 4173.05 | 4173.05 | 4042.80 | 0.95 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 3916.5 as stoploss in an intra day buy trade for a target of 4034.1. However, stock will show a bearish move below 3916.5.
Share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Target | 3118.40 |
| Downside Target | 3270.00 |
| Downside Target | 3748.00 |
| Downside Target | 3857.00 |
| Upside Target | 3964.30 |
| Upside Target | 4134.25 |
| Upside Target | 4166.35 |
| Upside Target | 4173.05 |
| Upside Target | 4203.35 |
| Upside Target | 4300.00 |
| Upside Target | 4304.35 |
Intraday share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Intraday Target | 3876.57 |
| Downside Intraday Target | 3813.13 |
| Upside Intraday Target | 3983.87 |
| Upside Intraday Target | 4027.73 |
| Downside Intraday Target | 3920.43 |
Weekly technical analysis of Esab India (EsabIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 3940.00 | 3952.20 | 3964.30 | 3857.00 | 0.643 times |
| 13 Fri Jan 2023 | 3952.30 | 4173.05 | 4173.05 | 3880.85 | 0.873 times |
| 06 Fri Jan 2023 | 4143.20 | 4134.25 | 4304.35 | 4134.25 | 0.88 times |
| 30 Fri Dec 2022 | 4124.40 | 3766.70 | 4166.35 | 3766.70 | 0.764 times |
| 23 Fri Dec 2022 | 3792.10 | 4100.00 | 4300.00 | 3761.50 | 0.908 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 |
| 20 Fri Jan 2023 | 3940.00 | 4134.25 | 4304.35 | 3857.00 | 0.269 times |
| 30 Fri Dec 2022 | 4124.40 | 4135.00 | 4300.00 | 3761.50 | 1.94 times |
| 30 Wed Nov 2022 | 4150.65 | 3334.20 | 4203.35 | 3334.20 | 0.937 times |
| 31 Mon Oct 2022 | 3368.60 | 3671.40 | 3769.50 | 3270.00 | 0.717 times |
Scroll below to view daily charts
Price has moved down 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, 25, 11 | Sell |
| MACD | -7, 26 | Sell |
| Stochastics | 17 | Sell |
| CCI | -16 | Buy |
| RSI | 48 | Sell |
| OBV | 250 | Sell |
| VWAP | 3945 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Esab India in short term and the sell signal is strong.
Esab India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Esab India in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 3944.89 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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