(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 2023-02-01 View latest technical analysis
10 day averaged volume of Esab India is 254
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 3896.00 | 4000.00 | 4000.00 | 3880.75 | 0.563 times |
| 31 Tue Jan 2023 | 3938.50 | 3956.60 | 4100.00 | 3895.00 | 1.685 times |
| 30 Mon Jan 2023 | 3922.55 | 4212.00 | 4212.00 | 3902.10 | 1.744 times |
| 27 Fri Jan 2023 | 4057.75 | 4095.20 | 4268.75 | 4004.20 | 0.657 times |
| 25 Wed Jan 2023 | 4073.05 | 3890.10 | 4139.15 | 3883.90 | 1.484 times |
| 24 Tue Jan 2023 | 3860.20 | 3899.55 | 3915.10 | 3782.00 | 0.594 times |
| 23 Mon Jan 2023 | 3877.70 | 3951.00 | 3959.15 | 3844.10 | 0.783 times |
| 20 Fri Jan 2023 | 3940.00 | 3940.00 | 3957.10 | 3917.90 | 0.618 times |
| 19 Thu Jan 2023 | 3927.80 | 3900.70 | 3940.00 | 3886.90 | 0.858 times |
| 18 Wed Jan 2023 | 3879.10 | 3857.00 | 3889.00 | 3857.00 | 0.555 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 3875.7 as stoploss in an intra day buy trade for a target of 3977.79. However, stock will show a bearish move below 3875.7.
Share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Target | 3270.00 |
| Downside Target | 3761.50 |
| Upside Target | 3964.30 |
| Upside Target | 4134.25 |
| Upside Target | 4173.05 |
| Upside Target | 4203.35 |
| Upside Target | 4212.00 |
| Upside Target | 4268.75 |
| Upside Target | 4300.00 |
| Upside Target | 4304.35 |
Intraday share price targets for Esab India (EsabIndia)
| Target Type | Value |
| Downside Intraday Target | 3780.5 |
| Downside Intraday Target | 3665 |
| Upside Intraday Target | 4111.75 |
| Upside Intraday Target | 4327.5 |
| Upside Intraday Target | 3996.25 |
Weekly technical analysis of Esab India (EsabIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 3896.00 | 4212.00 | 4212.00 | 3880.75 | 1.134 times |
| 27 Fri Jan 2023 | 4057.75 | 3951.00 | 4268.75 | 3782.00 | 0.902 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 |
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 |
| 01 Wed Feb 2023 | 3896.00 | 4000.00 | 4000.00 | 3880.75 | 0.024 times |
| 31 Tue Jan 2023 | 3938.50 | 4134.25 | 4304.35 | 3782.00 | 0.38 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 |
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 | 22, 19, 6 | Buy |
| MACD | -11, -2 | Sell |
| Stochastics | 28 | Sell |
| CCI | -29 | Sell |
| RSI | 53 | Buy |
| OBV | -586 | Sell |
| VWAP | 3948 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Esab India ( (EsabIndia) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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
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 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 getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 3948.03 and Esab India (EsabIndia) stock is trading below this level. This means that stock is falling with high volumes. 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 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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