(ElnetTech) Elnet Tech complete technical analysis [charts+indicators] | Buy/Sell Elnet Tech | (ElnetTech) share price targets
Complete technical analysis of Elnet Tech (ElnetTech) by charts plus indicators, forecast predictions and share price targets for Elnet Tech (ElnetTech)
10 day averaged volume of Elnet Tech is 806
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||154.00||156.00||156.50||153.55||0.659 times|
|18 Wed May 2022||156.45||165.00||165.00||156.00||0.452 times|
|17 Tue May 2022||155.20||166.00||166.00||154.00||0.872 times|
|16 Mon May 2022||155.30||162.00||162.00||153.00||1.471 times|
|13 Fri May 2022||162.15||155.25||168.30||155.25||0.287 times|
|12 Thu May 2022||153.40||157.00||157.00||153.00||1.203 times|
|11 Wed May 2022||154.00||158.00||161.00||152.00||1.171 times|
|10 Tue May 2022||156.85||159.15||166.00||155.65||1.541 times|
|09 Mon May 2022||159.10||157.00||167.00||154.00||0.935 times|
|06 Fri May 2022||161.55||163.15||164.00||161.50||1.47 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.9, but if it comes above 155.9, then a intra day buy could be more profitable.
If you take a sell trade below 155.9, then use 155.9 as stoploss and 146.8 as target. However if you take a buy trade in stock , then use 155.9 as stoploss and 163.47 as target.
Share price targets for Elnet Tech (ElnetTech)
Intraday share price targets for Elnet Tech (ElnetTech)
|Downside Intraday Target||149.33|
|Downside Intraday Target||144.67|
|Upside Intraday Target||162.33|
|Upside Intraday Target||170.67|
|Upside Intraday Target||157.67|
Weekly technical analysis of Elnet Tech (ElnetTech)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||154.00||162.00||166.00||153.00||0.672 times|
|13 Fri May 2022||162.15||157.00||168.30||152.00||0.567 times|
|06 Fri May 2022||161.55||179.10||179.10||160.05||0.903 times|
|29 Fri Apr 2022||168.40||174.00||182.15||168.00||0.589 times|
|22 Fri Apr 2022||175.50||181.95||186.85||169.20||0.416 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 Elnet Tech (ElnetTech)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||154.00||179.10||179.10||152.00||0.178 times|
|29 Fri Apr 2022||168.40||166.00||194.90||160.55||1.686 times|
|31 Thu Mar 2022||159.90||153.20||183.40||153.00||1.216 times|
|28 Mon Feb 2022||159.60||187.00||187.00||150.20||0.264 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 Elnet Tech (ElnetTech)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 18, 0||Sell|
Price action analysis of Elnet Tech ( (ElnetTech) ) 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 Elnet Tech ( (ElnetTech) ) based on a short term time period is
Price action analysis of Elnet Tech ( (ElnetTech) ) 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 Elnet Tech ( (ElnetTech) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Elnet Tech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elnet Tech in short term and the sell signal is strong.
Elnet Tech 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 coming down
CCI has generated a SELL signal for Elnet Tech 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 Elnet Tech is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 156.58 and Elnet Tech (ElnetTech) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Elnet Tech (ElnetTech) stock. Volume based technical analysis of Elnet Tech (ElnetTech) stock is negative.
Elnet Tech 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.