(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 2024-08-23 View latest technical analysis
10 day averaged volume of Elango Indus is 697
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 12.56 | 12.56 | 12.56 | 11.55 | 2.24 times |
| 22 Thu Aug 2024 | 11.97 | 11.97 | 11.97 | 11.97 | 1.981 times |
| 21 Wed Aug 2024 | 11.40 | 11.97 | 12.32 | 11.40 | 1.588 times |
| 20 Tue Aug 2024 | 11.97 | 11.40 | 11.97 | 11.40 | 0.999 times |
| 19 Mon Aug 2024 | 11.40 | 12.00 | 12.00 | 11.40 | 0.861 times |
| 16 Fri Aug 2024 | 12.00 | 12.50 | 12.50 | 12.00 | 0.362 times |
| 14 Wed Aug 2024 | 12.50 | 12.22 | 12.50 | 11.65 | 0.392 times |
| 13 Tue Aug 2024 | 12.22 | 12.22 | 12.22 | 11.06 | 1.184 times |
| 12 Mon Aug 2024 | 11.64 | 12.80 | 12.80 | 11.64 | 0.377 times |
| 09 Fri Aug 2024 | 12.24 | 11.66 | 12.24 | 11.30 | 0.636 times |
Stock of Elango Indus (ElangoIndus) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 12.9 or till 13.6. Use a stoploss of 12.28 and if this stock hits its stoploss, then it can fall down till 11.7
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 |
| Downside Target | 12.25 |
| Downside Target | 12.56 |
| 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 | 11.79 |
| Downside Intraday Target | 11.01 |
| Upside Intraday Target | 12.95 |
| Upside Intraday Target | 13.33 |
| Downside Intraday Target | 12.17 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 12.56 | 12.00 | 12.56 | 11.40 | 3.314 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 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 |
| 23 Fri Aug 2024 | 12.56 | 12.77 | 12.80 | 11.06 | 0.161 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term but the sell 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 green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.02 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 positive
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elango Indus in short term but the sell 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 green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elango Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.02 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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