(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 2024-01-24 View latest technical analysis
10 day averaged volume of Elango Indus is 1673
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 8.85 | 9.30 | 9.30 | 8.85 | 0.02 times |
| 23 Tue Jan 2024 | 9.31 | 9.33 | 9.33 | 9.30 | 1.549 times |
| 22 Mon Jan 2024 | 8.89 | 8.48 | 8.90 | 8.06 | 2.37 times |
| 19 Fri Jan 2024 | 8.48 | 9.35 | 9.35 | 8.48 | 2.056 times |
| 18 Thu Jan 2024 | 8.92 | 8.92 | 9.37 | 8.92 | 0.198 times |
| 17 Wed Jan 2024 | 9.38 | 9.40 | 9.40 | 8.95 | 1.282 times |
| 16 Tue Jan 2024 | 9.40 | 9.40 | 9.40 | 8.69 | 0.733 times |
| 15 Mon Jan 2024 | 9.12 | 9.41 | 9.41 | 8.97 | 0.553 times |
| 11 Thu Jan 2024 | 8.97 | 8.97 | 8.97 | 8.97 | 0.257 times |
| 10 Wed Jan 2024 | 8.55 | 8.57 | 8.57 | 8.55 | 0.895 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.1 as stoploss in an intra day sell trade for a target of 8.45. However, stock will show a bullish move above 9.1.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 7.81 |
| Downside Target | 8.06 |
| Downside Target | 8.48 |
| Downside Target | 8.74 |
| Upside Target | 9.33 |
| Upside Target | 9.41 |
| 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 | 8.16 |
| Downside Intraday Target | 7.48 |
| Upside Intraday Target | 9.43 |
| Upside Intraday Target | 10.02 |
| Downside Intraday Target | 8.75 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 8.85 | 8.48 | 9.33 | 8.06 | 0.817 times |
| 19 Fri Jan 2024 | 8.48 | 9.41 | 9.41 | 8.48 | 2.369 times |
| 11 Thu Jan 2024 | 8.97 | 8.38 | 8.97 | 7.81 | 1.61 times |
| 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 |
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 |
| 24 Wed Jan 2024 | 8.85 | 7.82 | 9.41 | 7.43 | 1.245 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Elango Indus in short term and the buy signal is strong.
Elango Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Elango Indus in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 8.96 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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.
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 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 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 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 gaining momentum.
MACD generated a BUY signal for Elango Indus in short term and the buy signal is strong.
Elango Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Elango Indus in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 8.96 and Elango Indus (ElangoIndus) 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 Elango Indus (ElangoIndus) stock. Volume based technical analysis of Elango Indus (ElangoIndus) stock is negative.
Elango Indus 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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