(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 2023-02-03 View latest technical analysis
10 day averaged volume of Esab India is 251
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 3840.55 | 3781.10 | 3880.90 | 3781.10 | 0.693 times |
| 02 Thu Feb 2023 | 3861.95 | 3909.20 | 3959.95 | 3851.00 | 0.92 times |
| 01 Wed Feb 2023 | 3896.00 | 4000.00 | 4000.00 | 3880.75 | 0.57 times |
| 31 Tue Jan 2023 | 3938.50 | 3956.60 | 4100.00 | 3895.00 | 1.705 times |
| 30 Mon Jan 2023 | 3922.55 | 4212.00 | 4212.00 | 3902.10 | 1.765 times |
| 27 Fri Jan 2023 | 4057.75 | 4095.20 | 4268.75 | 4004.20 | 0.665 times |
| 25 Wed Jan 2023 | 4073.05 | 3890.10 | 4139.15 | 3883.90 | 1.502 times |
| 24 Tue Jan 2023 | 3860.20 | 3899.55 | 3915.10 | 3782.00 | 0.602 times |
| 23 Mon Jan 2023 | 3877.70 | 3951.00 | 3959.15 | 3844.10 | 0.793 times |
| 20 Fri Jan 2023 | 3940.00 | 3940.00 | 3957.10 | 3917.90 | 0.625 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3862.5, but if it comes above 3862.5, then a intra day buy could be more profitable.
If you take a sell trade below 3862.5, then use 3862.5 as stoploss and 3763.7 as target. However if you take a buy trade in stock , then use 3862.5 as stoploss and 3944.73 as target.
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 | 3677.1 |
| Downside Intraday Target | 3513.65 |
| Upside Intraday Target | 4108 |
| Upside Intraday Target | 4375.45 |
| Upside Intraday Target | 3944.55 |
Weekly technical analysis of Esab India (EsabIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Feb 2023 | 3840.55 | 4212.00 | 4212.00 | 3781.10 | 1.587 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, 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 |
| 03 Fri Feb 2023 | 3840.55 | 4000.00 | 4000.00 | 3781.10 | 0.09 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 | 19, 23, 11 | Sell |
| MACD | -33, -13 | Sell |
| Stochastics | 17 | Sell |
| CCI | -109 | Sell |
| RSI | 56 | Buy |
| OBV | -1041 | Sell |
| VWAP | 3938 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 to mid 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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
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 3938.13 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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