(TataElxsi) Tata Elxsi complete technical analysis [charts+indicators] | Buy/Sell Tata Elxsi | (TataElxsi) share price targets
Complete technical analysis of Tata Elxsi (TataElxsi) by charts plus indicators, forecast predictions and share price targets for Tata Elxsi (TataElxsi)
Showing technical analysis as on 2022-05-06 View latest technical analysis
10 day averaged volume of Tata Elxsi is 57828
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 7505.75 | 7650.00 | 7726.35 | 7486.00 | 0.426 times |
| 05 Thu May 2022 | 7820.50 | 7824.00 | 7940.00 | 7761.00 | 0.187 times |
| 04 Wed May 2022 | 7770.55 | 7740.00 | 7880.05 | 7681.55 | 1.856 times |
| 02 Mon May 2022 | 7673.75 | 7719.00 | 7816.45 | 7541.35 | 0.311 times |
| 29 Fri Apr 2022 | 7745.10 | 7988.00 | 7990.00 | 7721.20 | 0.753 times |
| 28 Thu Apr 2022 | 7845.55 | 8080.00 | 8179.40 | 7806.60 | 0.418 times |
| 27 Wed Apr 2022 | 7980.00 | 7820.00 | 8124.00 | 7467.95 | 1.692 times |
| 26 Tue Apr 2022 | 7843.80 | 8171.00 | 8220.00 | 7811.00 | 0.86 times |
| 25 Mon Apr 2022 | 8010.65 | 8319.00 | 8319.00 | 7980.00 | 0.513 times |
| 22 Fri Apr 2022 | 8357.75 | 7904.00 | 8476.50 | 7777.00 | 1.953 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7669.8, but if it comes above 7669.8, then a intra day buy could be more profitable.
If you take a sell trade below 7669.8, then use 7669.8 as stoploss and 7178.4 as target. However if you take a buy trade in stock , then use 7669.8 as stoploss and 8079.36 as target.
Share price targets for Tata Elxsi (TataElxsi)
| Target Type | Value |
| Downside Target | 5780.00 |
| Downside Target | 5994.95 |
| Downside Target | 6325.75 |
| Downside Target | 7467.95 |
| Upside Target | 7800.00 |
| Upside Target | 8319.00 |
| Upside Target | 8323.85 |
| Upside Target | 8476.50 |
| Upside Target | 8621.10 |
| Upside Target | 8818.10 |
| Upside Target | 9186.00 |
| Upside Target | 9420.00 |
Intraday share price targets for Tata Elxsi (TataElxsi)
| Target Type | Value |
| Downside Intraday Target | 7347.83 |
| Downside Intraday Target | 7189.92 |
| Upside Intraday Target | 7801.83 |
| Upside Intraday Target | 8097.92 |
| Upside Intraday Target | 7643.92 |
Weekly technical analysis of Tata Elxsi (TataElxsi)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 7505.75 | 7719.00 | 7940.00 | 7486.00 | 0.656 times |
| 29 Fri Apr 2022 | 7745.10 | 8319.00 | 8319.00 | 7467.95 | 0.711 times |
| 22 Fri Apr 2022 | 8357.75 | 8370.00 | 8476.50 | 7600.00 | 5.496 times |
| 13 Wed Apr 2022 | 8382.00 | 8744.00 | 8818.10 | 8323.85 | 0.428 times |
| 08 Fri Apr 2022 | 8684.60 | 8970.00 | 9186.00 | 8621.10 | 0.262 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 Tata Elxsi (TataElxsi)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 7505.75 | 7719.00 | 7940.00 | 7486.00 | 0.181 times |
| 29 Fri Apr 2022 | 7745.10 | 8908.00 | 9186.00 | 7467.95 | 0.896 times |
| 31 Thu Mar 2022 | 8840.25 | 6400.00 | 9420.00 | 6325.75 | 1.419 times |
| 28 Mon Feb 2022 | 6431.55 | 7790.00 | 7949.00 | 5994.95 | 0.725 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 Tata Elxsi (TataElxsi)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 29, 34 | Sell |
| MACD | -24, 89 | Sell |
| Stochastics | 23 | Sell |
| CCI | -142 | Sell |
| RSI | 48 | Sell |
| OBV | 89270 | Sell |
| VWAP | 7945 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi ( (TataElxsi) ) 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 Tata Elxsi stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Tata Elxsi in short term and the sell signal is strong.
Tata Elxsi 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Tata Elxsi 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Tata Elxsi is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7945.15 and Tata Elxsi (TataElxsi) 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 Tata Elxsi (TataElxsi) stock. Volume based technical analysis of Tata Elxsi (TataElxsi) stock is negative.
Tata Elxsi 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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