(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 2024-06-11 View latest technical analysis
10 day averaged volume of Elango Indus is 1490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 10.19 | 10.30 | 10.30 | 9.82 | 2.846 times |
| 10 Mon Jun 2024 | 10.33 | 10.41 | 10.41 | 9.43 | 2.042 times |
| 07 Fri Jun 2024 | 9.92 | 10.39 | 10.39 | 9.92 | 0.932 times |
| 06 Thu Jun 2024 | 10.44 | 10.92 | 10.92 | 10.38 | 0.322 times |
| 05 Wed Jun 2024 | 10.92 | 11.04 | 11.04 | 10.00 | 0.191 times |
| 04 Tue Jun 2024 | 10.52 | 10.57 | 10.57 | 10.07 | 0.236 times |
| 03 Mon Jun 2024 | 10.59 | 11.00 | 11.00 | 10.00 | 1.13 times |
| 31 Fri May 2024 | 10.52 | 10.96 | 10.96 | 10.50 | 1.096 times |
| 30 Thu May 2024 | 10.44 | 10.07 | 10.54 | 9.60 | 0.598 times |
| 29 Wed May 2024 | 10.07 | 9.65 | 10.13 | 9.17 | 2.246 times |
Stock of Elango Indus (ElangoIndus) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 10 or till 9.7. Use a stoploss of 10.3 and if the stock hits stoploss, then it can shoot up till 10.59
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.17 |
| Downside Target | 9.36 |
| Downside Target | 9.92 |
| Upside Target | 10.41 |
| Upside Target | 10.62 |
| Upside Target | 10.84 |
| 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 | 9.61 |
| Downside Intraday Target | 9.03 |
| Upside Intraday Target | 10.59 |
| Upside Intraday Target | 10.99 |
| Downside Intraday Target | 10.01 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 10.19 | 10.41 | 10.41 | 9.43 | 1.739 times |
| 07 Fri Jun 2024 | 9.92 | 11.00 | 11.04 | 9.92 | 0.491 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 |
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 |
| 11 Tue Jun 2024 | 10.19 | 11.00 | 11.04 | 9.43 | 0.382 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 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 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 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 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 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 buy signal for Elango Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 10.28 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 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 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 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 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 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 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 buy signal for Elango Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 10.28 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 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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