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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 2022-05-04 View latest technical analysis

10 day averaged volume of Elnet Tech is 1752

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 162.85 160.05 169.40 160.05 2.491 times
02 Mon May 2022 168.00 179.10 179.10 167.85 0.725 times
29 Fri Apr 2022 168.40 171.90 176.00 168.00 2.671 times
28 Thu Apr 2022 172.00 170.70 177.20 170.70 0.32 times
27 Wed Apr 2022 172.00 169.70 175.85 169.20 0.252 times
26 Tue Apr 2022 171.80 178.00 182.15 171.55 0.553 times
25 Mon Apr 2022 175.00 174.00 176.80 169.20 0.822 times
22 Fri Apr 2022 175.50 169.20 176.45 169.20 0.561 times
21 Thu Apr 2022 172.60 173.00 177.90 170.00 2.155 times
20 Wed Apr 2022 173.90 180.00 180.00 172.10 0.747 times

Stock of Elnet Tech (ElnetTech) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 159.6, for a target of 168.5 or 175.87

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 150.20
Downside Target 160.05
Upside Target 168.00
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 155.57
Downside Intraday Target 148.28
Upside Intraday Target 174.62
Upside Intraday Target 186.38
Upside Intraday Target 167.33

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 162.85 179.10 179.10 160.05 0.696 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
04 Wed May 2022 162.85 179.10 179.10 160.05 0.071 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 16, 22, 15 Sell
MACD -0, 2Sell
Stochastics 5Sell
CCI -261Sell
RSI 50Buy
OBV -4188Sell
VWAP 170Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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 red color and prices are below the red 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 169.5 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 negative.

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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