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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 2022-01-19 View latest technical analysis

10 day averaged volume of Elnet Tech is 2846

Date Daily Closing Price Open High Low Volume
19 Wed Jan 2022 195.10 177.35 196.80 175.10 18.944 times
18 Tue Jan 2022 180.45 184.00 184.00 177.00 1.137 times
17 Mon Jan 2022 182.00 183.00 184.95 178.05 1.023 times
14 Fri Jan 2022 178.15 182.95 182.95 176.00 0.46 times
13 Thu Jan 2022 178.15 179.20 182.70 176.15 0.97 times
12 Wed Jan 2022 181.85 188.00 188.00 177.35 1.16 times
11 Tue Jan 2022 180.15 191.00 191.00 175.75 0.978 times
10 Mon Jan 2022 179.80 182.00 188.80 175.00 1.226 times
07 Fri Jan 2022 180.10 177.60 183.70 175.30 0.602 times
06 Thu Jan 2022 177.60 183.40 183.40 172.50 1.073 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 195.7, for a target of 185.9 or 177.71

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 148.00
Downside Target 152.00
Downside Target 156.85
Downside Target 164.00
Downside Target 172.50
Downside Target 182.95
Downside Target 185.90
Downside Target 186.90
Downside Target 191.00
Downside Target 194.90
Upside Target 196.80

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 181.2
Downside Intraday Target 167.3
Upside Intraday Target 202.9
Upside Intraday Target 210.7
Downside Intraday Target 189

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
19 Wed Jan 2022 195.10 183.00 196.80 175.10 4.403 times
14 Fri Jan 2022 178.15 182.00 191.00 175.00 0.535 times
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

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
19 Wed Jan 2022 195.10 182.85 196.80 172.50 1.203 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 up 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 26, 7, 59 Buy
MACD 8, 7Buy
Stochastics 59None
CCI 250Buy
RSI 62Buy
OBV 89198Sell
VWAP 190Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 and the buying is gaining 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 190.35 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

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