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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 2022-05-13 View latest technical analysis

10 day averaged volume of Elnet Tech is 1646

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 162.15 155.25 168.30 155.25 0.14 times
12 Thu May 2022 153.40 157.00 157.00 153.00 0.589 times
11 Wed May 2022 154.00 158.00 161.00 152.00 0.574 times
10 Tue May 2022 156.85 159.15 166.00 155.65 0.755 times
09 Mon May 2022 159.10 157.00 167.00 154.00 0.458 times
06 Fri May 2022 161.55 163.15 164.00 161.50 0.72 times
05 Thu May 2022 163.15 169.90 169.90 161.75 0.295 times
04 Wed May 2022 162.85 160.05 169.40 160.05 2.652 times
02 Mon May 2022 168.00 179.10 179.10 167.85 0.772 times
29 Fri Apr 2022 168.40 171.90 176.00 168.00 2.843 times

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 159.7 as stoploss in an intra day buy trade for a target of 168.01. However, stock will show a bearish move below 159.7.

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 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 153.33
Downside Intraday Target 144.52
Upside Intraday Target 169.63
Upside Intraday Target 177.12
Downside Intraday Target 160.82

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 162.15 157.00 168.30 152.00 0.567 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 up 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
13 Fri May 2022 162.15 179.10 179.10 152.00 0.143 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 20, 19, 3 Buy
MACD -6, -4Sell
Stochastics 17Sell
CCI -10Buy
RSI 57Buy
OBV -41782Sell
VWAP 163Sell
ADL 0Sell
ROC -6Sell
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Elnet Tech stock for short term is BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above 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 BUY signal in short term and the buying is gaining 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 163.05 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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Daily charts

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