(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 2022-04-29 View latest technical analysis
10 day averaged volume of Elnet Tech is 2192
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Fri Apr 2022||168.40||171.90||176.00||168.00||2.135 times|
|28 Thu Apr 2022||172.00||170.70||177.20||170.70||0.256 times|
|27 Wed Apr 2022||172.00||169.70||175.85||169.20||0.202 times|
|26 Tue Apr 2022||171.80||178.00||182.15||171.55||0.442 times|
|25 Mon Apr 2022||175.00||174.00||176.80||169.20||0.657 times|
|22 Fri Apr 2022||175.50||169.20||176.45||169.20||0.448 times|
|21 Thu Apr 2022||172.60||173.00||177.90||170.00||1.722 times|
|20 Wed Apr 2022||173.90||180.00||180.00||172.10||0.597 times|
|19 Tue Apr 2022||176.55||180.00||182.50||175.00||0.953 times|
|18 Mon Apr 2022||175.60||181.95||186.85||172.90||2.544 times|
Stock of Elnet Tech (ElnetTech) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 167.5 as stoploss in an intra day buy trade for a target of 175.49. However, stock will show a bearish move below 167.5.
Share price targets for Elnet Tech (ElnetTech)
Intraday share price targets for Elnet Tech (ElnetTech)
|Downside Intraday Target||163.55|
|Downside Intraday Target||158.7|
|Upside Intraday Target||177.7|
|Upside Intraday Target||187|
|Upside Intraday Target||172.85|
Weekly technical analysis of Elnet Tech (ElnetTech)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Fri Apr 2022||168.40||174.00||182.15||168.00||0.589 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|
|29 Fri Apr 2022||168.40||166.00||194.90||160.55||1.686 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||17, 17, 0||Sell|
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 term time period is
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid 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 mid to longer term time period is
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.
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 SELL signal for Elnet Tech in short term and SELL signal is strong!
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 173.15 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.