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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 2024-09-17 View latest technical analysis

10 day averaged volume of Elango Indus is 253

Date Daily Closing Price Open High Low Volume
17 Tue Sep 2024 12.08 12.09 12.09 12.08 0.478 times
16 Mon Sep 2024 12.09 12.09 12.09 12.09 0.221 times
13 Fri Sep 2024 12.09 12.69 12.69 12.09 0.739 times
12 Thu Sep 2024 12.09 13.30 13.30 12.09 1.012 times
11 Wed Sep 2024 12.72 11.82 12.72 11.82 0.462 times
10 Tue Sep 2024 12.12 13.35 13.35 12.12 1.439 times
09 Mon Sep 2024 12.75 12.75 12.75 12.50 0.494 times
06 Fri Sep 2024 13.15 13.11 13.20 12.55 0.708 times
05 Thu Sep 2024 13.21 13.23 13.23 11.97 1.324 times
04 Wed Sep 2024 12.60 12.60 12.60 12.00 2.004 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 11.9 as stoploss in an intra day buy trade for a target of 12.34. However, stock will show a bearish move below 11.9.

Share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Target 9.12
Downside Target 10.13
Downside Target 10.96
Downside Target 11.33
Downside Target 11.78
Downside Target 12.08
Upside Target 12.56
Upside Target 13.16
Upside Target 13.23
Upside Target 13.35
Upside Target 14.29

Intraday share price targets for Elango Indus (ElangoIndus)

Target Type Value
Downside Intraday Target 12.08
Downside Intraday Target 12.07
Upside Intraday Target 12.09
Upside Intraday Target 12.09
Upside Intraday Target 12.08

Weekly technical analysis of Elango Indus (ElangoIndus)

Date Weekly Closing Price Open High Low Volume
17 Tue Sep 2024 12.08 12.09 12.09 12.08 0.169 times
13 Fri Sep 2024 12.09 12.75 13.35 11.82 0.674 times
06 Fri Sep 2024 13.15 12.50 13.23 11.78 0.221 times
30 Fri Aug 2024 12.50 11.97 13.16 11.33 1.316 times
23 Fri Aug 2024 12.56 12.00 12.56 11.40 3.314 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
17 Tue Sep 2024 12.08 12.50 13.35 11.78 0.163 times
30 Fri Aug 2024 12.50 12.77 13.16 11.06 0.274 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Elango Indus stock for short term is BUY. 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 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 red color and prices are below the red 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 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 12.53 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Elango Indus stock for short term is BUY. 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 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 red color and prices are below the red 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 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 12.53 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.

Click here for Elango Indus charts

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Daily charts

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