(ElangoIndus) Elango Indus complete technical analysis [charts+indicators] | Buy/Sell Elango Indus | (ElangoIndus) share price targets
Complete technical analysis of Elango Indus (ElangoIndus) by charts plus indicators, forecast predictions and share price targets for Elango Indus (ElangoIndus)
Showing technical analysis as on 2024-01-05 View latest technical analysis
10 day averaged volume of Elango Indus is 492
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 8.22 | 8.22 | 8.22 | 8.22 | 0.024 times |
04 Thu Jan 2024 | 7.83 | 7.61 | 7.83 | 7.61 | 0.028 times |
03 Wed Jan 2024 | 7.46 | 7.44 | 7.47 | 7.44 | 1.439 times |
02 Tue Jan 2024 | 7.82 | 7.43 | 7.82 | 7.43 | 1.157 times |
01 Mon Jan 2024 | 7.82 | 7.82 | 7.82 | 7.82 | 1.65 times |
29 Fri Dec 2023 | 7.82 | 7.83 | 7.83 | 7.82 | 2.553 times |
28 Thu Dec 2023 | 7.97 | 7.97 | 7.97 | 7.97 | 1.626 times |
27 Wed Dec 2023 | 8.13 | 8.13 | 8.13 | 8.13 | 0.067 times |
26 Tue Dec 2023 | 8.29 | 8.29 | 8.29 | 8.29 | 0.35 times |
22 Fri Dec 2023 | 8.29 | 8.45 | 8.45 | 8.29 | 0.006 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7.9 or till 7.2. Use a stoploss of 8.45 and if the stock hits stoploss, then it can shoot up till 9
Share price targets for Elango Indus (ElangoIndus)
Target Type | Value |
Downside Target | 7.43 |
Downside Target | 7.82 |
Downside Target | 8.22 |
Upside Target | 8.74 |
Upside Target | 8.97 |
Upside Target | 9.24 |
Upside Target | 9.42 |
Upside Target | 10.02 |
Upside Target | 10.26 |
Upside Target | 10.35 |
Upside Target | 10.85 |
Upside Target | 12.72 |
Intraday share price targets for Elango Indus (ElangoIndus)
Target Type | Value |
Downside Intraday Target | 7.69 |
Downside Intraday Target | 7.17 |
Upside Intraday Target | 8.48 |
Upside Intraday Target | 8.75 |
Downside Intraday Target | 7.96 |
Weekly technical analysis of Elango Indus (ElangoIndus)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 8.22 | 7.82 | 8.22 | 7.43 | 0.935 times |
29 Fri Dec 2023 | 7.82 | 8.29 | 8.29 | 7.82 | 0.272 times |
22 Fri Dec 2023 | 8.29 | 8.97 | 8.97 | 8.29 | 3.9 times |
15 Fri Dec 2023 | 8.80 | 9.24 | 9.24 | 8.80 | 1.011 times |
08 Fri Dec 2023 | 9.42 | 9.89 | 10.02 | 9.42 | 1.078 times |
Price has moved up 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 Elango Indus (ElangoIndus)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 8.22 | 7.82 | 8.22 | 7.43 | 0.131 times |
29 Fri Dec 2023 | 7.82 | 9.90 | 10.26 | 7.82 | 0.694 times |
30 Thu Nov 2023 | 10.09 | 10.00 | 10.35 | 7.89 | 0.727 times |
31 Tue Oct 2023 | 9.65 | 9.30 | 10.85 | 8.74 | 0.782 times |
Scroll below to view daily charts
Price has moved up 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 Elango Indus (ElangoIndus)
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer 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.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elango Indus Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elango Indus in short term and BUY 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 Elango Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.81 and Elango Indus (ElangoIndus) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) 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 Elango Indus ( (ElangoIndus) ) based on a mid to longer 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.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elango Indus Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elango Indus in short term and BUY 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 Elango Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.81 and Elango Indus (ElangoIndus) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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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