(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 2024-08-20 View latest technical analysis
10 day averaged volume of Elango Indus is 510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 11.97 | 11.40 | 11.97 | 11.40 | 1.365 times |
| 19 Mon Aug 2024 | 11.40 | 12.00 | 12.00 | 11.40 | 1.176 times |
| 16 Fri Aug 2024 | 12.00 | 12.50 | 12.50 | 12.00 | 0.494 times |
| 14 Wed Aug 2024 | 12.50 | 12.22 | 12.50 | 11.65 | 0.535 times |
| 13 Tue Aug 2024 | 12.22 | 12.22 | 12.22 | 11.06 | 1.618 times |
| 12 Mon Aug 2024 | 11.64 | 12.80 | 12.80 | 11.64 | 0.516 times |
| 09 Fri Aug 2024 | 12.24 | 11.66 | 12.24 | 11.30 | 0.869 times |
| 08 Thu Aug 2024 | 11.66 | 11.65 | 12.20 | 11.65 | 2.216 times |
| 07 Wed Aug 2024 | 12.22 | 12.22 | 12.22 | 11.06 | 1.861 times |
| 06 Tue Aug 2024 | 11.64 | 12.25 | 12.25 | 11.64 | 0.42 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 11.8 as stoploss in an intra day buy trade for a target of 12.35. However, stock will show a bearish move below 11.8.
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 9.12 |
| Downside Target | 9.59 |
| Downside Target | 10.13 |
| Downside Target | 10.96 |
| Downside Target | 11.36 |
| Downside Target | 11.78 |
| Upside Target | 12.25 |
| Upside Target | 12.77 |
| Upside Target | 12.80 |
| Upside Target | 12.85 |
| Upside Target | 14.11 |
| Upside Target | 14.29 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 11.58 |
| Downside Intraday Target | 11.19 |
| Upside Intraday Target | 12.18 |
| Upside Intraday Target | 12.39 |
| Downside Intraday Target | 11.79 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 11.97 | 12.00 | 12.00 | 11.40 | 0.803 times |
| 16 Fri Aug 2024 | 12.00 | 12.80 | 12.80 | 11.06 | 0.559 times |
| 09 Fri Aug 2024 | 12.24 | 12.25 | 12.25 | 11.06 | 0.777 times |
| 02 Fri Aug 2024 | 12.77 | 13.44 | 14.11 | 12.77 | 0.532 times |
| 26 Fri Jul 2024 | 12.80 | 11.91 | 12.80 | 11.36 | 2.369 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 |
| 20 Tue Aug 2024 | 11.97 | 12.77 | 12.80 | 11.06 | 0.096 times |
| 31 Wed Jul 2024 | 12.77 | 12.36 | 14.29 | 10.13 | 1.526 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 |
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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 but the sell signal is initial and weak.
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. 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 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 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 11.95 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 but the sell signal is initial and weak.
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. 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 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 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 11.95 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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