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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 2022-01-05 View latest technical analysis

10 day averaged volume of Elnet Tech is 5441

Date Daily Closing Price Open High Low Volume
05 Wed Jan 2022 179.10 187.90 187.90 176.30 0.717 times
04 Tue Jan 2022 182.55 194.90 194.90 180.70 0.66 times
03 Mon Jan 2022 189.15 182.85 193.90 181.60 2.436 times
31 Fri Dec 2021 182.95 174.10 185.90 174.10 2.119 times
30 Thu Dec 2021 174.00 177.80 177.80 171.25 0.628 times
29 Wed Dec 2021 171.60 173.00 174.95 170.05 0.459 times
28 Tue Dec 2021 175.05 163.95 176.80 157.75 2.391 times
27 Mon Dec 2021 162.00 161.95 164.50 156.85 0.701 times
24 Fri Dec 2021 161.95 166.00 166.00 156.75 0.112 times
23 Thu Dec 2021 162.50 160.70 165.30 160.70 0.345 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 178, but if it comes below 178, then a intra day sell could be more profitable.
If you take a sell trade below 178, then use 178 as stoploss and 169 as target. However if you take a buy trade in stock , then use 178 as stoploss and 188.8 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 164.00
Downside Target 170.00
Downside Target 174.95
Upside Target 182.95
Upside Target 185.00
Upside Target 185.90
Upside Target 186.90
Upside Target 194.90

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 171.97
Downside Intraday Target 164.83
Upside Intraday Target 190.57
Upside Intraday Target 202.03
Upside Intraday Target 183.43

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
05 Wed Jan 2022 179.10 182.85 194.90 176.30 0.605 times
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

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
05 Wed Jan 2022 179.10 182.85 194.90 176.30 0.251 times
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

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 27, 11, 41 Buy
MACD 7, 4Buy
Stochastics 71Buy
CCI 58Sell
RSI 56Buy
OBV 23459Sell
VWAP 179Buy
ADL 0Sell
ROC 10Buy
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Elnet Tech stock for short term is BUY. Signal strength is Strong and stock is losing 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 179 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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