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(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 1536

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 155.90 154.90 157.00 150.25 4.121 times
26 Thu May 2022 150.00 152.50 153.80 146.10 0.84 times
25 Wed May 2022 152.00 155.45 155.45 149.00 1.247 times
24 Tue May 2022 151.65 153.90 156.90 149.30 2.975 times
23 Mon May 2022 150.90 157.45 157.50 150.00 2.21 times
20 Fri May 2022 154.55 154.80 162.95 150.55 0.766 times
19 Thu May 2022 154.00 156.00 156.50 153.55 0.346 times
18 Wed May 2022 156.45 165.00 165.00 156.00 0.237 times
17 Tue May 2022 155.20 166.00 166.00 154.00 0.458 times
16 Mon May 2022 155.30 162.00 162.00 153.00 0.772 times

Stock of Elnet Tech (ElnetTech) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 152 or till 145.7. Use a stoploss of 157.27 and if the stock hits stoploss, then it can shoot up till 162.55

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 146.10
Downside Target 150.20
Upside Target 157.50
Upside Target 166.00
Upside Target 172.05
Upside Target 179.10
Upside Target 182.15
Upside Target 183.40
Upside Target 187.00
Upside Target 194.90
Upside Target 205.50

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 148.83
Downside Intraday Target 141.77
Upside Intraday Target 160.23
Upside Intraday Target 164.57
Downside Intraday Target 153.17

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 155.90 157.45 157.50 146.10 4.419 times
20 Fri May 2022 154.55 162.00 166.00 150.55 0.956 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

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 Elnet Tech (ElnetTech)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 155.90 179.10 179.10 146.10 0.412 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, 14, 12 Buy
MACD -8, -8Sell
Stochastics 27Sell
CCI -9Buy
RSI 51Buy
OBV -7444Sell
VWAP 153Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Elnet Tech ( (ElnetTech) ) 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 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 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 Elnet Tech stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Elnet Tech 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.

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 moving up

CCI has generated a buy signal for Elnet Tech in short term but BUY signal is weak.

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 153.33 and Elnet Tech (ElnetTech) 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 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.

Click here for Elnet Tech charts

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Daily charts

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