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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 2022-08-04 View latest technical analysis

10 day averaged volume of Elnet Tech is 1334

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 153.35 154.00 156.00 151.00 0.666 times
03 Wed Aug 2022 155.90 156.85 156.85 152.55 0.34 times
02 Tue Aug 2022 154.00 154.85 156.80 151.95 0.431 times
01 Mon Aug 2022 154.70 157.00 157.00 143.00 2.912 times
29 Fri Jul 2022 152.60 152.90 157.00 152.25 1.297 times
28 Thu Jul 2022 149.85 150.95 155.00 148.00 1.222 times
27 Wed Jul 2022 149.35 151.00 151.50 148.15 0.754 times
26 Tue Jul 2022 147.50 142.00 149.70 142.00 0.857 times
25 Mon Jul 2022 143.75 151.40 153.25 141.05 0.797 times
22 Fri Jul 2022 148.40 152.00 153.95 145.00 0.618 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 153.1, but if it comes below 153.1, then a intra day sell could be more profitable.
If you take a sell trade below 153.1, then use 153.1 as stoploss and 148.53 as target. However if you take a buy trade in stock , then use 153.1 as stoploss and 158.5 as target.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 125.00
Downside Target 137.55
Downside Target 146.10
Upside Target 153.95
Upside Target 157.00
Upside Target 160.55
Upside Target 160.95
Upside Target 179.10
Upside Target 194.90

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 145.23
Downside Intraday Target 137.12
Upside Intraday Target 159.23
Upside Intraday Target 165.12
Downside Intraday Target 151.12

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 153.35 157.00 157.00 143.00 0.883 times
29 Fri Jul 2022 152.60 151.40 157.00 141.05 1.526 times
22 Fri Jul 2022 148.40 147.80 153.95 142.00 0.568 times
15 Fri Jul 2022 143.80 139.70 156.90 139.15 1.286 times
08 Fri Jul 2022 139.70 142.05 148.00 137.55 0.282 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
04 Thu Aug 2022 153.35 157.00 157.00 143.00 0.226 times
29 Fri Jul 2022 152.60 150.80 157.00 137.55 0.556 times
30 Thu Jun 2022 150.15 155.00 160.95 125.00 1.322 times
31 Tue May 2022 155.00 179.10 179.10 146.10 0.436 times

Scroll below to view daily charts

Price has moved up 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 15, 20, 15 Sell
MACD 3, 1Buy
Stochastics 84Buy
CCI 61Sell
RSI 47Sell
OBV 12207Sell
VWAP 151Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short 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.

Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Elnet Tech in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elnet Tech in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 151.44 and Elnet Tech (ElnetTech) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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

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