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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 2022-04-28 View latest technical analysis

10 day averaged volume of Elnet Tech is 3411

Date Daily Closing Price Open High Low Volume
28 Thu Apr 2022 172.00 170.70 177.20 170.70 0.164 times
27 Wed Apr 2022 172.00 169.70 175.85 169.20 0.13 times
26 Tue Apr 2022 171.80 178.00 182.15 171.55 0.284 times
25 Mon Apr 2022 175.00 174.00 176.80 169.20 0.422 times
22 Fri Apr 2022 175.50 169.20 176.45 169.20 0.288 times
21 Thu Apr 2022 172.60 173.00 177.90 170.00 1.107 times
20 Wed Apr 2022 173.90 180.00 180.00 172.10 0.383 times
19 Tue Apr 2022 176.55 180.00 182.50 175.00 0.612 times
18 Mon Apr 2022 175.60 181.95 186.85 172.90 1.635 times
13 Wed Apr 2022 185.75 189.80 189.90 184.00 1.4 times

My analysis of stock is bearish for shortterm, and stock might move down till 166.4 or till 156. Use a stoploss of 175.01 and if the stock hits stoploss, then it can shoot up till 183.67

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 150.20
Downside Target 160.55
Downside Target 167.45
Upside Target 182.15
Upside Target 184.00
Upside Target 185.90
Upside Target 186.85
Upside Target 187.00
Upside Target 188.00
Upside Target 194.90
Upside Target 205.50

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 166.75
Downside Intraday Target 161.5
Upside Intraday Target 179.7
Upside Intraday Target 187.4
Upside Intraday Target 174.45

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
28 Thu Apr 2022 172.00 174.00 182.15 169.20 0.249 times
22 Fri Apr 2022 175.50 181.95 186.85 169.20 0.416 times
13 Wed Apr 2022 185.75 190.30 194.90 184.00 1.327 times
08 Fri Apr 2022 186.55 164.95 188.00 161.45 2.3 times
01 Fri Apr 2022 163.50 163.00 167.45 154.00 0.92 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
28 Thu Apr 2022 172.00 166.00 194.90 160.55 1.587 times
31 Thu Mar 2022 159.90 153.20 183.40 153.00 1.216 times
28 Mon Feb 2022 159.60 187.00 187.00 150.20 0.264 times
31 Mon Jan 2022 180.50 182.85 205.50 172.05 1.79 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 19, 15, 11 Buy
MACD 3, 4Sell
Stochastics 12Sell
CCI -60Buy
RSI 51Buy
OBV 12587Sell
VWAP 177Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 term time period is

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid 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 mid to longer term time period is

ADX buy sell signal for Elnet Tech stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Elnet Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 but buying is losing 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 176.91 and Elnet Tech (ElnetTech) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

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Daily charts

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