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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 2022-05-05 View latest technical analysis

10 day averaged volume of Elnet Tech is 1979

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 163.15 169.90 169.90 161.75 0.245 times
04 Wed May 2022 162.85 160.05 169.40 160.05 2.206 times
02 Mon May 2022 168.00 179.10 179.10 167.85 0.642 times
29 Fri Apr 2022 168.40 171.90 176.00 168.00 2.365 times
28 Thu Apr 2022 172.00 170.70 177.20 170.70 0.283 times
27 Wed Apr 2022 172.00 169.70 175.85 169.20 0.223 times
26 Tue Apr 2022 171.80 178.00 182.15 171.55 0.489 times
25 Mon Apr 2022 175.00 174.00 176.80 169.20 0.728 times
22 Fri Apr 2022 175.50 169.20 176.45 169.20 0.497 times
21 Thu Apr 2022 172.60 173.00 177.90 170.00 1.908 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 168.3, but if it comes above 168.3, then a intra day buy could be more profitable.
If you take a sell trade below 168.3, then use 168.3 as stoploss and 159.4 as target. However if you take a buy trade in stock , then use 168.3 as stoploss and 175.82 as target.

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 155.77
Downside Intraday Target 148.38
Upside Intraday Target 174.82
Upside Intraday Target 186.48
Upside Intraday Target 167.43

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 163.15 179.10 179.10 160.05 0.756 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
05 Thu May 2022 163.15 179.10 179.10 160.05 0.077 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 15, 20, 14 Sell
MACD -1, 1Sell
Stochastics 9Sell
CCI -151Buy
RSI 48Sell
OBV -3857Sell
VWAP 169Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short 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 short 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 169.03 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

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