(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)
10 day averaged volume of Elango Indus is 107
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 7.50 | 7.50 | 7.50 | 7.50 | 0.028 times |
| 22 Wed Mar 2023 | 7.50 | 7.50 | 7.50 | 7.50 | 0.393 times |
| 21 Tue Mar 2023 | 7.50 | 7.50 | 7.50 | 7.50 | 0.019 times |
| 20 Mon Mar 2023 | 7.50 | 7.50 | 7.50 | 7.50 | 2.15 times |
| 16 Thu Mar 2023 | 7.15 | 7.15 | 7.15 | 7.15 | 0.523 times |
| 15 Wed Mar 2023 | 7.15 | 7.15 | 7.15 | 7.15 | 0.009 times |
| 14 Tue Mar 2023 | 7.15 | 7.15 | 7.15 | 7.15 | 0.981 times |
| 13 Mon Mar 2023 | 7.15 | 7.15 | 7.15 | 7.15 | 0.206 times |
| 10 Fri Mar 2023 | 7.15 | 7.25 | 7.25 | 6.90 | 5.542 times |
| 09 Thu Mar 2023 | 7.25 | 7.25 | 7.25 | 7.25 | 0.009 times |
My analysis of stock is bullish for shortterm, and stock might move up till 7.6 or till 7.8. Use a stoploss of 7.4 and if this stock hits its stoploss, then it can fall down till 7.23
Share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Target | 6.90 |
| Downside Target | 7.15 |
| Downside Target | 7.40 |
| Upside Target | 7.55 |
| Upside Target | 8.00 |
| Upside Target | 8.15 |
| Upside Target | 8.85 |
| Upside Target | 9.30 |
| Upside Target | 10.40 |
| Upside Target | 11.65 |
Intraday share price targets for Elango Indus (ElangoIndus)
| Target Type | Value |
| Downside Intraday Target | 7.5 |
| Downside Intraday Target | 7.5 |
| Downside Intraday Target | 7.5 |
| Downside Intraday Target | 7.5 |
| Downside Intraday Target | 7.5 |
Weekly technical analysis of Elango Indus (ElangoIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 7.50 | 7.50 | 7.50 | 7.50 | 1.505 times |
| 16 Thu Mar 2023 | 7.15 | 7.15 | 7.15 | 7.15 | 0.302 times |
| 10 Fri Mar 2023 | 7.15 | 7.25 | 7.25 | 6.90 | 16.459 times |
| 02 Thu Mar 2023 | 7.40 | 7.55 | 7.55 | 7.40 | 0.306 times |
| 24 Fri Feb 2023 | 7.55 | 7.55 | 7.55 | 7.55 | 0.212 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 Thu Mar 2023 | 7.50 | 7.40 | 7.50 | 6.90 | 1.434 times |
| 28 Tue Feb 2023 | 7.40 | 8.15 | 8.15 | 7.40 | 0.645 times |
| 31 Tue Jan 2023 | 8.15 | 9.30 | 9.30 | 8.00 | 0.38 times |
| 30 Fri Dec 2022 | 9.30 | 10.10 | 10.40 | 8.85 | 0.088 times |
Scroll below to view daily charts
Price has moved up 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 63, 63, 0 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 100 | Buy |
| CCI | 83 | Sell |
| RSI | 61 | Buy |
| OBV | -487 | Sell |
| VWAP | 7 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is
Price action analysis of Elango Indus ( (ElangoIndus) ) based on a short term time period is
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elango Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elango Indus in short term but the buy 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 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elango Indus in short term
RSI is generating a BUY signal in short term but buying is losing 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 7.24 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 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.
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