(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 2024-09-25 View latest technical analysis
10 day averaged volume of Elango Indus is 390
Date | Daily Closing Price | Open | High | Low | Volume |
25 Wed Sep 2024 | 12.00 | 12.01 | 12.01 | 12.00 | 1.321 times |
24 Tue Sep 2024 | 11.44 | 10.90 | 11.44 | 10.90 | 2.674 times |
23 Mon Sep 2024 | 10.90 | 11.44 | 11.44 | 10.90 | 2.59 times |
20 Fri Sep 2024 | 11.44 | 12.04 | 12.04 | 11.44 | 0.515 times |
19 Thu Sep 2024 | 12.04 | 12.04 | 12.04 | 12.04 | 0.269 times |
18 Wed Sep 2024 | 12.67 | 12.08 | 12.67 | 12.00 | 2.051 times |
17 Tue Sep 2024 | 12.08 | 12.09 | 12.09 | 12.08 | 0.31 times |
16 Mon Sep 2024 | 12.09 | 12.09 | 12.09 | 12.09 | 0.144 times |
13 Fri Sep 2024 | 12.09 | 12.69 | 12.69 | 12.09 | 0.479 times |
12 Thu Sep 2024 | 12.09 | 13.30 | 13.30 | 12.09 | 0.656 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11.7 or till 11. Use a stoploss of 12.21 and if the stock hits stoploss, then it can shoot up till 12.76
Share price targets for Elango Indus (ElangoIndus)
Target Type | Value |
Downside Target | 9.12 |
Downside Target | 10.13 |
Downside Target | 10.90 |
Downside Target | 11.33 |
Downside Target | 11.78 |
Upside Target | 12.67 |
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 | 11.26 |
Downside Intraday Target | 10.53 |
Upside Intraday Target | 12.37 |
Upside Intraday Target | 12.75 |
Downside Intraday Target | 11.64 |
Weekly technical analysis of Elango Indus (ElangoIndus)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Wed Sep 2024 | 12.00 | 11.44 | 12.01 | 10.90 | 2.002 times |
20 Fri Sep 2024 | 11.44 | 12.09 | 12.67 | 11.44 | 1.223 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 |
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 |
25 Wed Sep 2024 | 12.00 | 12.50 | 13.35 | 10.90 | 0.378 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 neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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
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 11.72 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elango Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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
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 11.72 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 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.
Click here for Elango Indus charts
Click here for further forecast and predictions for tomorrow