(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 2024-08-27 View latest technical analysis
10 day averaged volume of Elango Indus is 738
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 11.95 | 13.00 | 13.00 | 11.95 | 0.224 times |
| 26 Mon Aug 2024 | 12.56 | 11.97 | 12.56 | 11.94 | 0.566 times |
| 23 Fri Aug 2024 | 12.56 | 12.56 | 12.56 | 11.55 | 2.115 times |
| 22 Thu Aug 2024 | 11.97 | 11.97 | 11.97 | 11.97 | 1.871 times |
| 21 Wed Aug 2024 | 11.40 | 11.97 | 12.32 | 11.40 | 1.5 times |
| 20 Tue Aug 2024 | 11.97 | 11.40 | 11.97 | 11.40 | 0.943 times |
| 19 Mon Aug 2024 | 11.40 | 12.00 | 12.00 | 11.40 | 0.813 times |
| 16 Fri Aug 2024 | 12.00 | 12.50 | 12.50 | 12.00 | 0.341 times |
| 14 Wed Aug 2024 | 12.50 | 12.22 | 12.50 | 11.65 | 0.37 times |
| 13 Tue Aug 2024 | 12.22 | 12.22 | 12.22 | 11.06 | 1.118 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11.7 or till 11.1. Use a stoploss of 12.2 and if the stock hits stoploss, then it can shoot up till 12.71
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 | 11.40 |
| Downside Target | 11.78 |
| Upside Target | 12.25 |
| Upside Target | 12.56 |
| Upside Target | 12.80 |
| Upside Target | 12.85 |
| Upside Target | 13.00 |
| Upside Target | 14.11 |
| Upside Target | 14.29 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 11.59 |
| Downside Intraday Target | 11.24 |
| Upside Intraday Target | 12.65 |
| Upside Intraday Target | 13.36 |
| Upside Intraday Target | 12.3 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 11.95 | 11.97 | 13.00 | 11.94 | 0.109 times |
| 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 |
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 |
| 27 Tue Aug 2024 | 11.95 | 12.77 | 13.00 | 11.06 | 0.171 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 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 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 to mid 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.05 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 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 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 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 to mid 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.05 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 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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