(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 2024-05-02 View latest technical analysis
10 day averaged volume of Elango Indus is 1097
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.65 | 10.68 | 10.68 | 10.30 | 0.298 times |
| 30 Tue Apr 2024 | 10.48 | 10.10 | 10.48 | 10.10 | 3.029 times |
| 29 Mon Apr 2024 | 10.28 | 10.48 | 10.48 | 10.28 | 1.747 times |
| 26 Fri Apr 2024 | 10.48 | 10.28 | 10.48 | 10.28 | 3.229 times |
| 25 Thu Apr 2024 | 10.28 | 10.48 | 10.48 | 10.28 | 0.897 times |
| 24 Wed Apr 2024 | 10.48 | 10.48 | 10.48 | 10.48 | 0.471 times |
| 23 Tue Apr 2024 | 10.69 | 10.68 | 10.69 | 10.68 | 0.104 times |
| 22 Mon Apr 2024 | 10.89 | 10.89 | 10.89 | 10.89 | 0.005 times |
| 19 Fri Apr 2024 | 11.11 | 11.11 | 11.11 | 11.11 | 0.295 times |
| 18 Thu Apr 2024 | 11.33 | 11.33 | 11.33 | 11.33 | 0.185 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 10.5 as stoploss in an intra day buy trade for a target of 11.26. However, stock will show a bearish move below 10.5.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 9.59 |
| Downside Target | 10.62 |
| Upside Target | 11.11 |
| Upside Target | 11.79 |
| Upside Target | 12.03 |
| Upside Target | 12.24 |
| Upside Target | 12.85 |
| Upside Target | 14.50 |
| Upside Target | 19.56 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 10.27 |
| Downside Intraday Target | 9.9 |
| Upside Intraday Target | 10.85 |
| Upside Intraday Target | 11.06 |
| Downside Intraday Target | 10.48 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.65 | 10.48 | 10.68 | 10.10 | 1.078 times |
| 26 Fri Apr 2024 | 10.48 | 10.89 | 10.89 | 10.28 | 7.704 times |
| 19 Fri Apr 2024 | 11.11 | 11.79 | 11.79 | 11.11 | 0.079 times |
| 12 Fri Apr 2024 | 12.03 | 12.80 | 12.85 | 12.03 | 0.336 times |
| 05 Fri Apr 2024 | 12.24 | 10.09 | 12.24 | 9.59 | 8.391 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 |
| 02 Thu May 2024 | 10.65 | 10.68 | 10.68 | 10.30 | 0.007 times |
| 30 Tue Apr 2024 | 10.48 | 10.09 | 12.85 | 9.59 | 0.802 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 |
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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY 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 10.47 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY 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 10.47 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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