(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 2024-05-31 View latest technical analysis
10 day averaged volume of Elango Indus is 1471
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 10.52 | 10.96 | 10.96 | 10.50 | 1.11 times |
| 30 Thu May 2024 | 10.44 | 10.07 | 10.54 | 9.60 | 0.606 times |
| 29 Wed May 2024 | 10.07 | 9.65 | 10.13 | 9.17 | 2.275 times |
| 28 Tue May 2024 | 9.65 | 10.15 | 10.48 | 9.65 | 1.222 times |
| 27 Mon May 2024 | 10.15 | 10.25 | 10.25 | 9.74 | 0.59 times |
| 24 Fri May 2024 | 10.25 | 10.25 | 10.25 | 10.25 | 0.104 times |
| 23 Thu May 2024 | 10.26 | 10.62 | 10.62 | 10.09 | 0.401 times |
| 22 Wed May 2024 | 10.62 | 10.88 | 10.88 | 10.62 | 0.117 times |
| 21 Tue May 2024 | 10.37 | 10.56 | 10.56 | 10.37 | 0.039 times |
| 18 Sat May 2024 | 10.56 | 9.85 | 10.56 | 9.85 | 0.209 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.5, but if it comes below 10.5, then a intra day sell could be more profitable.
If you take a sell trade below 10.5, then use 10.5 as stoploss and 10.21 as target. However if you take a buy trade in stock , then use 10.5 as stoploss and 10.8 as target.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 7.43 |
| Downside Target | 9.17 |
| Downside Target | 9.36 |
| Downside Target | 9.59 |
| Upside Target | 10.62 |
| Upside Target | 10.86 |
| Upside Target | 10.88 |
| Upside Target | 10.96 |
| 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 | 9.47 |
| Downside Intraday Target | 8.43 |
| Upside Intraday Target | 11.26 |
| Upside Intraday Target | 12.01 |
| Downside Intraday Target | 10.22 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 10.52 | 10.25 | 10.96 | 9.17 | 8.782 times |
| 24 Fri May 2024 | 10.25 | 10.56 | 10.88 | 10.09 | 0.056 times |
| 18 Sat May 2024 | 10.56 | 9.95 | 10.84 | 9.36 | 10.153 times |
| 10 Fri May 2024 | 9.99 | 10.64 | 10.64 | 9.83 | 0.255 times |
| 03 Fri May 2024 | 10.85 | 10.48 | 10.86 | 10.10 | 1.3 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 |
| 31 Fri May 2024 | 10.52 | 10.68 | 10.96 | 9.17 | 0.668 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elango Indus in short term but the buy signal is initial and weak.
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. 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 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
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 10.15 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elango Indus stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elango Indus in short term but the buy signal is initial and weak.
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. 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 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
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 10.15 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 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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