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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)

10 day averaged volume of Elnet Tech is 1559

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 183.90 191.95 191.95 181.00 1.416 times
25 Wed Jan 2023 186.75 188.10 190.00 184.50 0.759 times
24 Tue Jan 2023 187.90 190.00 198.00 187.00 1.1 times
23 Mon Jan 2023 189.50 194.85 196.00 189.25 0.493 times
20 Fri Jan 2023 190.85 194.20 198.75 187.05 2.217 times
19 Thu Jan 2023 194.10 193.05 197.95 192.15 0.521 times
18 Wed Jan 2023 196.35 204.90 204.90 193.55 0.974 times
17 Tue Jan 2023 198.15 195.10 201.00 194.05 0.805 times
16 Mon Jan 2023 199.50 199.00 205.35 196.00 2.318 times
13 Fri Jan 2023 199.20 192.00 200.90 191.90 0.374 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 190.1, but if it comes above 190.1, then a intra day buy could be more profitable.
If you take a sell trade below 190.1, then use 190.1 as stoploss and 180.1 as target. However if you take a buy trade in stock , then use 190.1 as stoploss and 198.43 as target.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 137.70
Downside Target 150.00
Downside Target 157.10
Downside Target 165.00
Downside Target 178.00
Upside Target 187.05
Upside Target 191.90
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 177.27
Downside Intraday Target 170.63
Upside Intraday Target 194.27
Upside Intraday Target 204.63
Upside Intraday Target 187.63

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
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
06 Fri Jan 2023 206.60 216.00 219.00 193.05 1.018 times
30 Fri Dec 2022 212.30 168.00 216.00 168.00 2.461 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
27 Fri Jan 2023 183.90 216.00 219.00 181.00 0.575 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
31 Mon Oct 2022 155.80 151.15 165.00 150.00 0.178 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, 21, 19 Sell
MACD 4, 7Sell
Stochastics 9Sell
CCI -130Sell
RSI 63Buy
OBV 36368Sell
VWAP 193Sell
ADL 0Sell
ROC -6Sell
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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 192.6 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.

Click here for Elnet Tech charts

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Daily charts

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Daily chart

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