Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-12-31 View latest technical analysis

10 day averaged volume of Elnet Tech is 3424

Date Daily Closing Price Open High Low Volume
31 Fri Dec 2021 182.95 174.10 185.90 174.10 3.368 times
30 Thu Dec 2021 174.00 177.80 177.80 171.25 0.998 times
29 Wed Dec 2021 171.60 173.00 174.95 170.05 0.729 times
28 Tue Dec 2021 175.05 163.95 176.80 157.75 3.799 times
27 Mon Dec 2021 162.00 161.95 164.50 156.85 1.114 times
24 Fri Dec 2021 161.95 166.00 166.00 156.75 0.178 times
23 Thu Dec 2021 162.50 160.70 165.30 160.70 0.548 times
22 Wed Dec 2021 162.40 160.70 162.90 160.70 0.236 times
21 Tue Dec 2021 160.95 163.45 163.45 156.60 0.318 times
20 Mon Dec 2021 152.45 155.00 161.30 152.00 1.033 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 180.4, for a target of 172.3 or 165.59

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
Downside Target 174.95
Downside Target 182.95
Upside Target 185.00
Upside Target 185.90
Upside Target 186.90
Upside Target 228.65

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 164.57
Downside Intraday Target 146.18
Upside Intraday Target 193.62
Upside Intraday Target 204.28
Downside Intraday Target 175.23

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
31 Fri Dec 2021 182.95 161.95 185.90 156.85 4.325 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
31 Fri Dec 2021 182.95 155.50 185.90 152.00 1.984 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 30, 11, 47 Buy
MACD 3, 0Buy
Stochastics 85Buy
CCI 150Buy
RSI 57Buy
OBV 21054Sell
VWAP 172Buy
ADL 0Sell
ROC 15Buy
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 172.49 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme