(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 2023-01-23 View latest technical analysis
10 day averaged volume of Esab India is 253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 3877.70 | 3951.00 | 3959.15 | 3844.10 | 0.787 times |
| 20 Fri Jan 2023 | 3940.00 | 3940.00 | 3957.10 | 3917.90 | 0.621 times |
| 19 Thu Jan 2023 | 3927.80 | 3900.70 | 3940.00 | 3886.90 | 0.862 times |
| 18 Wed Jan 2023 | 3879.10 | 3857.00 | 3889.00 | 3857.00 | 0.557 times |
| 17 Tue Jan 2023 | 3878.40 | 3930.05 | 3933.55 | 3864.95 | 1.024 times |
| 16 Mon Jan 2023 | 3937.65 | 3952.20 | 3964.30 | 3905.00 | 0.854 times |
| 13 Fri Jan 2023 | 3952.30 | 3960.85 | 3980.75 | 3925.85 | 0.403 times |
| 12 Thu Jan 2023 | 3915.40 | 3975.00 | 3975.00 | 3880.85 | 0.704 times |
| 11 Wed Jan 2023 | 3943.15 | 3953.50 | 3961.85 | 3891.60 | 1.818 times |
| 10 Tue Jan 2023 | 3948.20 | 4171.95 | 4171.95 | 3940.00 | 2.257 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3907.4, but if it comes above 3907.4, then a intra day buy could be more profitable.
If you take a sell trade below 3907.4, then use 3907.4 as stoploss and 3761.1 as target. However if you take a buy trade in stock , then use 3907.4 as stoploss and 4029.26 as target.
Share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Target | 3118.40 |
| Downside Target | 3270.00 |
| Downside Target | 3748.00 |
| Upside Target | 3959.15 |
| 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 | 3828.15 |
| Downside Intraday Target | 3778.6 |
| Upside Intraday Target | 3943.2 |
| Upside Intraday Target | 4008.7 |
| Upside Intraday Target | 3893.65 |
Weekly technical analysis of Esab India (EsabIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 3877.70 | 3951.00 | 3959.15 | 3844.10 | 0.201 times |
| 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 |
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 |
| 23 Mon Jan 2023 | 3877.70 | 4134.25 | 4304.35 | 3844.10 | 0.282 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 | 17, 29, 26 | Sell |
| MACD | -17, 15 | Sell |
| Stochastics | 19 | Sell |
| CCI | -83 | Sell |
| RSI | 48 | Sell |
| OBV | 904 | Sell |
| VWAP | 3925 | 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 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 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 Strong and stock is gaining 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 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 and SELL signal is strong!
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
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 3925.17 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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