Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Elnet Tech is 1465

Date Daily Closing Price Open High Low Volume
06 Mon Feb 2023 182.75 182.95 185.95 180.00 0.217 times
03 Fri Feb 2023 182.20 182.55 187.65 180.65 0.683 times
02 Thu Feb 2023 183.90 185.00 185.90 181.10 1.017 times
01 Wed Feb 2023 187.00 190.95 190.95 182.75 0.421 times
31 Tue Jan 2023 187.50 183.00 188.00 183.00 0.638 times
30 Mon Jan 2023 183.40 182.00 192.90 180.40 0.874 times
27 Fri Jan 2023 183.90 191.95 191.95 181.00 1.507 times
25 Wed Jan 2023 186.75 188.10 190.00 184.50 0.808 times
24 Tue Jan 2023 187.90 190.00 198.00 187.00 1.171 times
23 Mon Jan 2023 189.50 194.85 196.00 189.25 0.524 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 184.6, but if it comes above 184.6, then a intra day buy could be more profitable.
If you take a sell trade below 184.6, then use 184.6 as stoploss and 176.2 as target. However if you take a buy trade in stock , then use 184.6 as stoploss and 191.52 as target.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 150.00
Downside Target 157.10
Downside Target 165.00
Downside Target 178.00
Upside Target 185.95
Upside Target 190.95
Upside Target 191.90
Upside Target 192.90
Upside Target 198.00
Upside Target 205.35
Upside Target 215.75
Upside Target 216.00
Upside Target 219.00

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 179.85
Downside Intraday Target 176.95
Upside Intraday Target 185.8
Upside Intraday Target 188.85
Upside Intraday Target 182.9

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
06 Mon Feb 2023 182.75 182.95 185.95 180.00 0.06 times
03 Fri Feb 2023 182.20 182.00 192.90 180.40 0.906 times
27 Fri Jan 2023 183.90 194.85 198.00 181.00 0.551 times
20 Fri Jan 2023 190.85 199.00 205.35 187.05 0.719 times
13 Fri Jan 2023 199.20 211.80 215.75 191.90 0.207 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
06 Mon Feb 2023 182.75 190.95 190.95 180.00 0.033 times
31 Tue Jan 2023 187.50 216.00 219.00 180.40 0.587 times
30 Fri Dec 2022 212.30 167.00 216.00 157.10 2.884 times
30 Wed Nov 2022 165.05 156.75 178.00 150.30 4.271 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 14, 15, 4 Sell
MACD -0, 2Sell
Stochastics 15Sell
CCI -106Sell
RSI 64Buy
OBV 3352Sell
VWAP 185Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 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 185.39 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme