(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 2022-05-16 View latest technical analysis
10 day averaged volume of Elnet Tech is 1613
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||155.30||162.00||162.00||153.00||0.735 times|
|13 Fri May 2022||162.15||155.25||168.30||155.25||0.143 times|
|12 Thu May 2022||153.40||157.00||157.00||153.00||0.601 times|
|11 Wed May 2022||154.00||158.00||161.00||152.00||0.585 times|
|10 Tue May 2022||156.85||159.15||166.00||155.65||0.77 times|
|09 Mon May 2022||159.10||157.00||167.00||154.00||0.467 times|
|06 Fri May 2022||161.55||163.15||164.00||161.50||0.735 times|
|05 Thu May 2022||163.15||169.90||169.90||161.75||0.301 times|
|04 Wed May 2022||162.85||160.05||169.40||160.05||2.706 times|
|02 Mon May 2022||168.00||179.10||179.10||167.85||0.788 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 158.8, but if it comes above 158.8, then a intra day buy could be more profitable.
If you take a sell trade below 158.8, then use 158.8 as stoploss and 149.5 as target. However if you take a buy trade in stock , then use 158.8 as stoploss and 166.49 as target.
Share price targets for Elnet Tech (ElnetTech)
Intraday share price targets for Elnet Tech (ElnetTech)
|Downside Intraday Target||151.53|
|Downside Intraday Target||147.77|
|Upside Intraday Target||160.53|
|Upside Intraday Target||165.77|
|Upside Intraday Target||156.77|
Weekly technical analysis of Elnet Tech (ElnetTech)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||155.30||162.00||162.00||153.00||0.286 times|
|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|
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|
|16 Mon May 2022||155.30||179.10||179.10||152.00||0.158 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, 20, 4||Sell|
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 positive zone. This is a BUY 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 160.34 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.