(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 2024-06-06 View latest technical analysis
10 day averaged volume of Elango Indus is 1160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 10.44 | 10.92 | 10.92 | 10.38 | 0.414 times |
| 05 Wed Jun 2024 | 10.92 | 11.04 | 11.04 | 10.00 | 0.246 times |
| 04 Tue Jun 2024 | 10.52 | 10.57 | 10.57 | 10.07 | 0.303 times |
| 03 Mon Jun 2024 | 10.59 | 11.00 | 11.00 | 10.00 | 1.451 times |
| 31 Fri May 2024 | 10.52 | 10.96 | 10.96 | 10.50 | 1.408 times |
| 30 Thu May 2024 | 10.44 | 10.07 | 10.54 | 9.60 | 0.768 times |
| 29 Wed May 2024 | 10.07 | 9.65 | 10.13 | 9.17 | 2.885 times |
| 28 Tue May 2024 | 9.65 | 10.15 | 10.48 | 9.65 | 1.549 times |
| 27 Mon May 2024 | 10.15 | 10.25 | 10.25 | 9.74 | 0.748 times |
| 24 Fri May 2024 | 10.25 | 10.25 | 10.25 | 10.25 | 0.132 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 10.6 as stoploss in an intra day sell trade for a target of 10.27. However, stock will show a bullish move above 10.6.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.17 |
| Downside Target | 9.36 |
| Downside Target | 9.59 |
| Downside Target | 9.83 |
| Upside Target | 10.62 |
| Upside Target | 10.96 |
| Upside Target | 11.04 |
| 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 | 9.95 |
| Downside Intraday Target | 9.45 |
| Upside Intraday Target | 10.99 |
| Upside Intraday Target | 11.53 |
| Upside Intraday Target | 10.49 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 10.44 | 11.00 | 11.04 | 10.00 | 0.328 times |
| 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 |
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 |
| 06 Thu Jun 2024 | 10.44 | 11.00 | 11.04 | 10.00 | 0.093 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 red color and prices are in or above the red 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 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 10.23 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 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 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 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 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 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 red color and prices are in or above the red 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 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 10.23 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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