(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 2024-02-19 View latest technical analysis
10 day averaged volume of Elango Indus is 4695
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 13.40 | 14.34 | 14.34 | 13.00 | 0.743 times |
| 16 Fri Feb 2024 | 13.66 | 13.66 | 13.66 | 13.66 | 0.432 times |
| 15 Thu Feb 2024 | 13.01 | 12.94 | 13.58 | 12.94 | 1.659 times |
| 14 Wed Feb 2024 | 12.94 | 12.94 | 12.94 | 12.94 | 0.961 times |
| 13 Tue Feb 2024 | 13.62 | 14.33 | 14.33 | 13.62 | 1.463 times |
| 12 Mon Feb 2024 | 14.33 | 14.33 | 14.33 | 14.33 | 1.347 times |
| 09 Fri Feb 2024 | 13.65 | 13.65 | 13.65 | 13.65 | 0.25 times |
| 08 Thu Feb 2024 | 13.00 | 13.00 | 13.00 | 13.00 | 1.994 times |
| 07 Wed Feb 2024 | 12.39 | 12.39 | 12.39 | 12.39 | 0.794 times |
| 06 Tue Feb 2024 | 11.80 | 11.80 | 11.80 | 11.80 | 0.18 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.3, but if it comes below 13.3, then a intra day sell could be more profitable.
If you take a sell trade below 13.3, then use 13.3 as stoploss and 11.36 as target. However if you take a buy trade in stock , then use 13.3 as stoploss and 15.7 as target.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 7.82 |
| Downside Target | 8.06 |
| Downside Target | 8.58 |
| Downside Target | 9.33 |
| Downside Target | 9.73 |
| Downside Target | 10.26 |
| Downside Target | 10.71 |
| Downside Target | 11.24 |
| Downside Target | 12.94 |
| Downside Target | 13.00 |
| Upside Target | 13.65 |
| Upside Target | 14.33 |
| Upside Target | 14.34 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 12.82 |
| Downside Intraday Target | 12.24 |
| Upside Intraday Target | 14.16 |
| Upside Intraday Target | 14.92 |
| Upside Intraday Target | 13.58 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 13.40 | 14.34 | 14.34 | 13.00 | 0.127 times |
| 16 Fri Feb 2024 | 13.66 | 14.33 | 14.33 | 12.94 | 1.418 times |
| 09 Fri Feb 2024 | 13.65 | 11.24 | 13.65 | 11.24 | 0.872 times |
| 02 Fri Feb 2024 | 10.71 | 8.58 | 10.71 | 8.58 | 3.116 times |
| 25 Thu Jan 2024 | 8.41 | 8.48 | 9.33 | 8.06 | 0.886 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 Elango Indus (ElangoIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 13.40 | 10.20 | 14.34 | 9.92 | 2.338 times |
| 31 Wed Jan 2024 | 9.73 | 7.82 | 9.73 | 7.43 | 1.728 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 13.28 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 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 positive
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 13.28 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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