(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 2024-03-19 View latest technical analysis
10 day averaged volume of Elango Indus is 4205
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 14.41 | 14.41 | 14.41 | 14.41 | 0.322 times |
| 18 Mon Mar 2024 | 15.16 | 15.16 | 15.16 | 15.16 | 0.056 times |
| 15 Fri Mar 2024 | 15.95 | 15.95 | 15.95 | 15.95 | 0.027 times |
| 14 Thu Mar 2024 | 16.78 | 16.78 | 16.78 | 16.78 | 0.137 times |
| 13 Wed Mar 2024 | 17.66 | 18.00 | 18.00 | 17.66 | 0.133 times |
| 12 Tue Mar 2024 | 18.58 | 19.40 | 19.40 | 18.58 | 0.654 times |
| 11 Mon Mar 2024 | 19.55 | 19.56 | 19.56 | 19.05 | 5.264 times |
| 07 Thu Mar 2024 | 18.63 | 18.63 | 18.63 | 18.63 | 0.539 times |
| 06 Wed Mar 2024 | 17.75 | 17.75 | 17.75 | 17.75 | 0.845 times |
| 05 Tue Mar 2024 | 16.91 | 16.91 | 16.91 | 16.91 | 0.419 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.5 as stoploss in an intra day buy trade for a target of 15.55. However, stock will show a bearish move below 13.5.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 7.82 |
| Downside Target | 9.73 |
| Downside Target | 10.26 |
| Downside Target | 12.30 |
| Downside Target | 13.30 |
| Downside Target | 14.34 |
| Upside Target | 15.16 |
| Upside Target | 15.43 |
| Upside Target | 15.95 |
| Upside Target | 16.11 |
| Upside Target | 18.63 |
| Upside Target | 19.56 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 14.16 |
| Downside Intraday Target | 13.91 |
| Upside Intraday Target | 14.91 |
| Upside Intraday Target | 15.41 |
| Upside Intraday Target | 14.66 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 14.41 | 15.16 | 15.16 | 14.41 | 0.061 times |
| 15 Fri Mar 2024 | 15.95 | 19.56 | 19.56 | 15.95 | 1.667 times |
| 07 Thu Mar 2024 | 18.63 | 16.11 | 18.63 | 16.11 | 0.636 times |
| 02 Sat Mar 2024 | 15.35 | 13.20 | 15.43 | 12.30 | 1.606 times |
| 23 Fri Feb 2024 | 12.94 | 14.34 | 14.34 | 12.45 | 0.558 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 Tue Mar 2024 | 14.41 | 14.00 | 19.56 | 13.30 | 0.536 times |
| 29 Thu Feb 2024 | 14.00 | 10.20 | 14.50 | 9.92 | 3.38 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 Elango Indus stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus in short term but the sell signal is initial and weak.
Elango Indus 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elango Indus in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 18.79 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 has given negative 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 neutral. A longer time frame might give a better analysis.
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 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 Elango Indus stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Elango Indus in short term but the sell signal is initial and weak.
Elango Indus 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elango Indus in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 18.79 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 has given negative 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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