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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 2022-01-07 View latest technical analysis

10 day averaged volume of Elnet Tech is 5868

Date Daily Closing Price Open High Low Volume
07 Fri Jan 2022 180.10 177.60 183.70 175.30 0.292 times
06 Thu Jan 2022 177.60 183.40 183.40 172.50 0.52 times
05 Wed Jan 2022 179.10 187.90 187.90 176.30 0.665 times
04 Tue Jan 2022 182.55 194.90 194.90 180.70 0.612 times
03 Mon Jan 2022 189.15 182.85 193.90 181.60 2.259 times
31 Fri Dec 2021 182.95 174.10 185.90 174.10 1.965 times
30 Thu Dec 2021 174.00 177.80 177.80 171.25 0.582 times
29 Wed Dec 2021 171.60 173.00 174.95 170.05 0.426 times
28 Tue Dec 2021 175.05 163.95 176.80 157.75 2.217 times
27 Mon Dec 2021 162.00 161.95 164.50 156.85 0.65 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 179.5, but if it comes below 179.5, then a intra day sell could be more profitable.
If you take a sell trade below 179.5, then use 179.5 as stoploss and 170.1 as target. However if you take a buy trade in stock , then use 179.5 as stoploss and 190.9 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
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 170.1
Downside Intraday Target 160.1
Upside Intraday Target 192.5
Upside Intraday Target 204.9
Upside Intraday Target 182.5

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
07 Fri Jan 2022 180.10 182.85 194.90 172.50 0.745 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
07 Fri Jan 2022 180.10 182.85 194.90 172.50 0.309 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 22, 13, 27 Buy
MACD 7, 5Buy
Stochastics 58None
CCI 27Buy
RSI 56Buy
OBV 17538Sell
VWAP 180Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 179.65 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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