(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 2022-05-12 View latest technical analysis
10 day averaged volume of Elnet Tech is 1593
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 153.40 | 157.00 | 157.00 | 153.00 | 0.609 times |
| 11 Wed May 2022 | 154.00 | 158.00 | 161.00 | 152.00 | 0.593 times |
| 10 Tue May 2022 | 156.85 | 159.15 | 166.00 | 155.65 | 0.78 times |
| 09 Mon May 2022 | 159.10 | 157.00 | 167.00 | 154.00 | 0.473 times |
| 06 Fri May 2022 | 161.55 | 163.15 | 164.00 | 161.50 | 0.744 times |
| 05 Thu May 2022 | 163.15 | 169.90 | 169.90 | 161.75 | 0.304 times |
| 04 Wed May 2022 | 162.85 | 160.05 | 169.40 | 160.05 | 2.74 times |
| 02 Mon May 2022 | 168.00 | 179.10 | 179.10 | 167.85 | 0.798 times |
| 29 Fri Apr 2022 | 168.40 | 171.90 | 176.00 | 168.00 | 2.938 times |
| 28 Thu Apr 2022 | 172.00 | 170.70 | 177.20 | 170.70 | 0.352 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 160.1, but if it comes above 160.1, then a intra day buy could be more profitable.
If you take a sell trade below 160.1, then use 160.1 as stoploss and 149.1 as target. However if you take a buy trade in stock , then use 160.1 as stoploss and 169.24 as target.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 150.20 |
| Upside Target | 160.05 |
| Upside Target | 167.00 |
| Upside Target | 179.10 |
| Upside Target | 182.15 |
| Upside Target | 183.40 |
| Upside Target | 184.00 |
| Upside Target | 186.85 |
| Upside Target | 187.00 |
| Upside Target | 194.90 |
| Upside Target | 205.50 |
Intraday share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Intraday Target | 147.93 |
| Downside Intraday Target | 142.47 |
| Upside Intraday Target | 162.93 |
| Upside Intraday Target | 172.47 |
| Upside Intraday Target | 157.47 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 153.40 | 157.00 | 167.00 | 152.00 | 0.535 times |
| 06 Fri May 2022 | 161.55 | 179.10 | 179.10 | 160.05 | 0.903 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 |
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 |
| 12 Thu May 2022 | 153.40 | 179.10 | 179.10 | 152.00 | 0.141 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 | 9, 23, 42 | Sell |
| MACD | -7, -4 | Sell |
| Stochastics | 8 | Sell |
| CCI | -116 | Sell |
| RSI | 52 | Buy |
| OBV | -26560 | Sell |
| VWAP | 163 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short 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 short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elnet Tech stock for short term is SELL. Signal strength is Strong 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 in or above 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 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 163.36 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.
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