(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 2024-04-04 View latest technical analysis
10 day averaged volume of Elango Indus is 2671
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 11.66 | 11.48 | 11.66 | 11.48 | 1.162 times |
03 Wed Apr 2024 | 11.11 | 11.09 | 11.11 | 10.13 | 2.517 times |
02 Tue Apr 2024 | 10.59 | 9.59 | 10.59 | 9.59 | 4.738 times |
01 Mon Apr 2024 | 10.09 | 10.09 | 10.09 | 10.09 | 0.23 times |
28 Thu Mar 2024 | 10.62 | 10.62 | 10.62 | 10.62 | 0.493 times |
27 Wed Mar 2024 | 11.17 | 11.17 | 11.17 | 11.17 | 0.441 times |
26 Tue Mar 2024 | 11.75 | 11.75 | 11.75 | 11.75 | 0.199 times |
22 Fri Mar 2024 | 12.36 | 12.36 | 12.36 | 12.36 | 0.738 times |
21 Thu Mar 2024 | 13.01 | 13.01 | 13.01 | 13.01 | 0.073 times |
20 Wed Mar 2024 | 13.69 | 13.69 | 13.69 | 13.69 | 0.064 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 11.3 as stoploss in an intra day buy trade for a target of 14.37. However, stock will show a bearish move below 11.3.
Share price targets for Elango Indus (ElangoIndus)
Target Type | Value |
Downside Target | 7.43 |
Downside Target | 7.82 |
Downside Target | 9.59 |
Downside Target | 10.26 |
Downside Target | 10.62 |
Downside Target | 11.66 |
Upside Target | 12.36 |
Upside Target | 14.50 |
Upside Target | 15.16 |
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 | 10.28 |
Downside Intraday Target | 8.9 |
Upside Intraday Target | 12.35 |
Upside Intraday Target | 13.04 |
Downside Intraday Target | 10.97 |
Weekly technical analysis of Elango Indus (ElangoIndus)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 11.66 | 10.09 | 11.66 | 9.59 | 7.626 times |
28 Thu Mar 2024 | 10.62 | 11.75 | 11.75 | 10.62 | 0.771 times |
22 Fri Mar 2024 | 12.36 | 15.16 | 15.16 | 12.36 | 0.15 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elango Indus (ElangoIndus)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 11.66 | 10.09 | 11.66 | 9.59 | 0.412 times |
28 Thu Mar 2024 | 10.62 | 14.00 | 19.56 | 10.62 | 0.593 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short to mid 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 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 Strong 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 below 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.02 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short to mid 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 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 Strong 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 below 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.02 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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