(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 2022-05-09 View latest technical analysis
10 day averaged volume of Tata Elxsi is 51867
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||7226.50||7485.00||7485.00||7149.75||0.609 times|
|06 Fri May 2022||7505.75||7650.00||7726.35||7486.00||0.475 times|
|05 Thu May 2022||7820.50||7824.00||7940.00||7761.00||0.208 times|
|04 Wed May 2022||7770.55||7740.00||7880.05||7681.55||2.069 times|
|02 Mon May 2022||7673.75||7719.00||7816.45||7541.35||0.347 times|
|29 Fri Apr 2022||7745.10||7988.00||7990.00||7721.20||0.84 times|
|28 Thu Apr 2022||7845.55||8080.00||8179.40||7806.60||0.467 times|
|27 Wed Apr 2022||7980.00||7820.00||8124.00||7467.95||1.886 times|
|26 Tue Apr 2022||7843.80||8171.00||8220.00||7811.00||0.959 times|
|25 Mon Apr 2022||8010.65||8319.00||8319.00||7980.00||0.572 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7104.7, for a target of 7590.9 or 7996.11
Share price targets for Tata Elxsi (TataElxsi)
Intraday share price targets for Tata Elxsi (TataElxsi)
|Downside Intraday Target||7089.17|
|Downside Intraday Target||6951.83|
|Upside Intraday Target||7424.42|
|Upside Intraday Target||7622.33|
|Upside Intraday Target||7287.08|
Weekly technical analysis of Tata Elxsi (TataElxsi)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Mon May 2022||7226.50||7485.00||7485.00||7149.75||0.197 times|
|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|
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|
|09 Mon May 2022||7226.50||7719.00||7940.00||7149.75||0.217 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||13, 36, 46||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 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 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 positive zone. This is a BUY zone
Stock of Tata Elxsi is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7786.66 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.