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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)

Showing technical analysis as on 2021-12-30 View latest technical analysis

10 day averaged volume of Elnet Tech is 3638

Date Daily Closing Price Open High Low Volume
30 Thu Dec 2021 174.00 177.80 177.80 171.25 0.94 times
29 Wed Dec 2021 171.60 173.00 174.95 170.05 0.686 times
28 Tue Dec 2021 175.05 163.95 176.80 157.75 3.575 times
27 Mon Dec 2021 162.00 161.95 164.50 156.85 1.049 times
24 Fri Dec 2021 161.95 166.00 166.00 156.75 0.168 times
23 Thu Dec 2021 162.50 160.70 165.30 160.70 0.516 times
22 Wed Dec 2021 162.40 160.70 162.90 160.70 0.222 times
21 Tue Dec 2021 160.95 163.45 163.45 156.60 0.299 times
20 Mon Dec 2021 152.45 155.00 161.30 152.00 0.972 times
17 Fri Dec 2021 158.75 168.30 168.30 157.00 0.983 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 170, but if it comes below 170, then a intra day sell could be more profitable.
If you take a sell trade below 170, then use 170 as stoploss and 164.54 as target. However if you take a buy trade in stock , then use 170 as stoploss and 176.5 as target.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 148.00
Downside Target 152.00
Downside Target 155.05
Downside Target 161.00
Downside Target 170.00
Upside Target 174.95
Upside Target 177.80
Upside Target 182.95
Upside Target 185.00
Upside Target 186.90
Upside Target 228.65

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 161.3
Downside Intraday Target 148.6
Upside Intraday Target 182.25
Upside Intraday Target 190.5
Downside Intraday Target 169.55

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
30 Thu Dec 2021 174.00 161.95 177.80 156.85 2.87 times
24 Fri Dec 2021 161.95 155.00 166.00 152.00 0.387 times
17 Fri Dec 2021 158.75 165.10 174.95 157.00 2.081 times
10 Fri Dec 2021 168.90 164.95 170.00 155.05 0.577 times
03 Fri Dec 2021 162.00 159.80 164.00 148.00 2.118 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
30 Thu Dec 2021 174.00 155.50 177.80 152.00 1.707 times
30 Tue Nov 2021 151.95 169.10 182.95 148.00 0.652 times
29 Fri Oct 2021 167.75 171.50 186.90 164.00 0.864 times
30 Thu Sep 2021 169.80 176.10 185.00 165.00 0.319 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Elnet Tech (ElnetTech)

Indicator Name Indicator Value Indicator Signal
ADX 24, 12, 32 Buy
MACD 1, -1Buy
Stochastics 86Buy
CCI 142Buy
RSI 54Buy
OBV 13295Sell
VWAP 168Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Elnet Tech in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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 Elnet Tech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 167.53 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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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Daily chart

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