(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 2022-05-18 View latest technical analysis
10 day averaged volume of Elnet Tech is 1207
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 156.45 | 165.00 | 165.00 | 156.00 | 0.302 times |
| 17 Tue May 2022 | 155.20 | 166.00 | 166.00 | 154.00 | 0.582 times |
| 16 Mon May 2022 | 155.30 | 162.00 | 162.00 | 153.00 | 0.983 times |
| 13 Fri May 2022 | 162.15 | 155.25 | 168.30 | 155.25 | 0.191 times |
| 12 Thu May 2022 | 153.40 | 157.00 | 157.00 | 153.00 | 0.804 times |
| 11 Wed May 2022 | 154.00 | 158.00 | 161.00 | 152.00 | 0.782 times |
| 10 Tue May 2022 | 156.85 | 159.15 | 166.00 | 155.65 | 1.029 times |
| 09 Mon May 2022 | 159.10 | 157.00 | 167.00 | 154.00 | 0.625 times |
| 06 Fri May 2022 | 161.55 | 163.15 | 164.00 | 161.50 | 0.982 times |
| 05 Thu May 2022 | 163.15 | 169.90 | 169.90 | 161.75 | 0.402 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 156.9, but if it comes above 156.9, then a intra day buy could be more profitable.
If you take a sell trade below 156.9, then use 156.9 as stoploss and 147.7 as target. However if you take a buy trade in stock , then use 156.9 as stoploss and 164.46 as target.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 150.20 |
| Upside Target | 160.05 |
| Upside Target | 166.00 |
| Upside Target | 179.10 |
| Upside Target | 182.15 |
| Upside Target | 183.40 |
| 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 | 150.97 |
| Downside Intraday Target | 145.48 |
| Upside Intraday Target | 163.97 |
| Upside Intraday Target | 171.48 |
| Upside Intraday Target | 158.48 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 156.45 | 162.00 | 166.00 | 153.00 | 0.544 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 |
| 18 Wed May 2022 | 156.45 | 179.10 | 179.10 | 152.00 | 0.172 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, 15, 9 | Buy |
| MACD | -7, -6 | Sell |
| Stochastics | 18 | Sell |
| CCI | -5 | Buy |
| RSI | 54 | Buy |
| OBV | -20199 | Sell |
| VWAP | 157 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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
ADX buy sell signal for Elnet Tech stock for short term is BUY. 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 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 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 157.14 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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