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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 2022-05-02 View latest technical analysis

10 day averaged volume of Elnet Tech is 2182

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 168.00 179.10 179.10 167.85 0.582 times
29 Fri Apr 2022 168.40 171.90 176.00 168.00 2.145 times
28 Thu Apr 2022 172.00 170.70 177.20 170.70 0.257 times
27 Wed Apr 2022 172.00 169.70 175.85 169.20 0.203 times
26 Tue Apr 2022 171.80 178.00 182.15 171.55 0.444 times
25 Mon Apr 2022 175.00 174.00 176.80 169.20 0.66 times
22 Fri Apr 2022 175.50 169.20 176.45 169.20 0.451 times
21 Thu Apr 2022 172.60 173.00 177.90 170.00 1.73 times
20 Wed Apr 2022 173.90 180.00 180.00 172.10 0.599 times
19 Tue Apr 2022 176.55 180.00 182.50 175.00 0.957 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 168.6, but if it comes above 168.6, then a intra day buy could be more profitable.
If you take a sell trade below 168.6, then use 168.6 as stoploss and 159.7 as target. However if you take a buy trade in stock , then use 168.6 as stoploss and 175.9 as target.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 150.20
Downside Target 160.55
Downside Target 167.85
Upside Target 179.10
Upside Target 183.40
Upside Target 184.00
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 164.2
Downside Intraday Target 160.4
Upside Intraday Target 175.45
Upside Intraday Target 182.9
Upside Intraday Target 171.65

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 168.00 179.10 179.10 167.85 0.157 times
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

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
02 Mon May 2022 168.00 179.10 179.10 167.85 0.016 times
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

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 18, 15, 11 Buy
MACD 1, 3Sell
Stochastics 6Sell
CCI -96Buy
RSI 52Buy
OBV 1403Sell
VWAP 172Sell
ADL 0Sell
ROC -4Sell
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 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 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 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 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 171.99 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.

Click here for Elnet Tech charts

Click here for further forecast and predictions for tomorrow

Daily charts

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