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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)

10 day averaged volume of Elnet Tech is 4472

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 167.50 163.00 167.75 161.60 0.448 times
02 Fri Dec 2022 162.25 166.70 166.70 161.10 0.891 times
01 Thu Dec 2022 162.65 167.00 169.00 157.10 1.299 times
30 Wed Nov 2022 165.05 173.40 173.40 163.60 0.784 times
29 Tue Nov 2022 167.05 166.00 172.00 166.00 0.479 times
28 Mon Nov 2022 169.05 178.00 178.00 168.25 0.938 times
25 Fri Nov 2022 176.00 171.95 178.00 167.00 1.853 times
24 Thu Nov 2022 168.45 170.00 172.00 166.65 1.496 times
23 Wed Nov 2022 165.05 162.95 171.20 157.00 1.622 times
22 Tue Nov 2022 161.95 158.00 163.00 155.00 0.319 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 168.1 as stoploss in an intra day sell trade for a target of 162.87. However, stock will show a bullish move above 168.1.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 136.00
Downside Target 150.00
Downside Target 155.00
Downside Target 161.60
Downside Target 165.00
Upside Target 167.75
Upside Target 169.00
Upside Target 170.00
Upside Target 178.00
Upside Target 179.80

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 163.48
Downside Intraday Target 159.47
Upside Intraday Target 169.63
Upside Intraday Target 171.77
Downside Intraday Target 165.62

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 167.50 163.00 167.75 161.60 0.102 times
02 Fri Dec 2022 162.25 178.00 178.00 157.10 0.783 times
25 Fri Nov 2022 176.00 163.90 178.00 155.00 1.617 times
18 Fri Nov 2022 159.50 161.00 170.00 155.10 2.31 times
11 Fri Nov 2022 156.20 151.20 162.50 151.20 1.251 times

Price has moved up 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 Mon Dec 2022 167.50 167.00 169.00 157.10 0.19 times
30 Wed Nov 2022 165.05 156.75 178.00 150.30 4.271 times
31 Mon Oct 2022 155.80 151.15 165.00 150.00 0.178 times
30 Fri Sep 2022 152.65 151.55 179.80 137.70 1.808 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 15, 17, 6 Sell
MACD 4, 5Sell
Stochastics 40None
CCI -20Buy
RSI 61Buy
OBV 10836Sell
VWAP 167Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short 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.

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short 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.

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Elnet Tech in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

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 167.48 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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