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(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 2024-07-12 View latest technical analysis

10 day averaged volume of Elango Indus is 4981

Date Daily Closing Price Open High Low Volume
12 Fri Jul 2024 10.30 10.65 10.65 10.13 0.229 times
11 Thu Jul 2024 10.65 10.64 10.65 10.64 0.231 times
10 Wed Jul 2024 11.20 11.20 11.20 11.20 0.02 times
09 Tue Jul 2024 11.78 11.82 11.82 11.78 0.129 times
08 Mon Jul 2024 12.40 12.40 13.64 12.40 0.255 times
05 Fri Jul 2024 13.03 13.49 14.16 12.83 2.79 times
04 Thu Jul 2024 13.49 14.22 14.29 12.93 2.211 times
03 Wed Jul 2024 13.61 13.55 13.61 13.55 0.447 times
02 Tue Jul 2024 12.97 12.97 12.97 11.75 2.854 times
01 Mon Jul 2024 12.36 12.36 12.36 12.36 0.66 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 9.9 as stoploss in an intra day buy trade for a target of 11.21. However, stock will show a bearish move below 9.9.

Share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Target 9.12
Downside Target 9.56
Downside Target 10.13
Upside Target 10.41
Upside Target 10.96
Upside Target 11.75
Upside Target 11.78
Upside Target 12.85
Upside Target 13.64
Upside Target 14.29
Upside Target 19.56

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Intraday Target 9.07
Downside Intraday Target 7.85
Upside Intraday Target 12.58
Upside Intraday Target 14.87
Upside Intraday Target 11.36

Weekly technical analysis of Elango Indus (ElangoIndus)

Date Weekly Closing Price Open High Low Volume
12 Fri Jul 2024 10.30 12.40 13.64 10.13 0.097 times
05 Fri Jul 2024 13.03 12.36 14.29 11.75 4.972 times
28 Fri Jun 2024 11.78 10.39 11.78 9.56 0.613 times
21 Fri Jun 2024 9.60 10.00 10.44 9.12 1.12 times
14 Fri Jun 2024 9.83 10.41 10.41 9.22 3.121 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
12 Fri Jul 2024 10.30 12.36 14.29 10.13 1.197 times
28 Fri Jun 2024 11.78 11.00 11.78 9.12 1.36 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Elango Indus in short term but the sell signal is initial and weak.

Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elango Indus in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 12.94 and Elango Indus (ElangoIndus) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Elango Indus in short term but the sell signal is initial and weak.

Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elango Indus in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 12.94 and Elango Indus (ElangoIndus) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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