(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 2022-11-07 View latest technical analysis
10 day averaged volume of Elnet Tech is 857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 152.65 | 151.20 | 155.30 | 151.20 | 1.823 times |
| 04 Fri Nov 2022 | 151.50 | 151.00 | 155.40 | 151.00 | 1.707 times |
| 03 Thu Nov 2022 | 152.30 | 153.45 | 155.30 | 151.15 | 1.207 times |
| 02 Wed Nov 2022 | 151.85 | 153.00 | 155.90 | 151.20 | 0.849 times |
| 01 Tue Nov 2022 | 153.00 | 156.75 | 156.75 | 150.30 | 2.088 times |
| 31 Mon Oct 2022 | 155.80 | 156.00 | 156.00 | 152.10 | 0.414 times |
| 28 Fri Oct 2022 | 151.30 | 156.95 | 156.95 | 151.20 | 0.354 times |
| 27 Thu Oct 2022 | 152.60 | 156.90 | 156.90 | 152.30 | 0.98 times |
| 25 Tue Oct 2022 | 153.85 | 152.10 | 157.70 | 151.10 | 1.513 times |
| 24 Mon Oct 2022 | 157.75 | 161.85 | 161.85 | 155.40 | 0.533 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 151.4 as stoploss in an intra day buy trade for a target of 154.07. However, stock will show a bearish move below 151.4.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 150.00 |
| Upside Target | 155.30 |
| Upside Target | 156.75 |
| Upside Target | 157.00 |
| Upside Target | 158.90 |
| Upside Target | 161.85 |
| Upside Target | 163.85 |
| Upside Target | 165.00 |
| Upside Target | 179.80 |
Intraday share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Intraday Target | 150.8 |
| Downside Intraday Target | 148.95 |
| Upside Intraday Target | 154.9 |
| Upside Intraday Target | 157.15 |
| Upside Intraday Target | 153.05 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 152.65 | 151.20 | 155.30 | 151.20 | 0.291 times |
| 04 Fri Nov 2022 | 151.50 | 156.00 | 156.75 | 150.30 | 1.853 times |
| 28 Fri Oct 2022 | 151.30 | 161.85 | 161.85 | 151.10 | 1.061 times |
| 21 Fri Oct 2022 | 153.05 | 150.00 | 158.90 | 150.00 | 0.508 times |
| 14 Fri Oct 2022 | 153.60 | 158.00 | 165.00 | 151.30 | 1.683 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 |
| 07 Mon Nov 2022 | 152.65 | 156.75 | 156.75 | 150.30 | 0.452 times |
| 31 Mon Oct 2022 | 155.80 | 151.15 | 165.00 | 150.00 | 0.178 times |
| 30 Fri Sep 2022 | 152.65 | 151.55 | 179.80 | 137.70 | 1.808 times |
| 30 Tue Aug 2022 | 151.55 | 157.00 | 163.85 | 136.00 | 1.761 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 | 11, 15, 14 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 16 | Sell |
| CCI | -53 | Buy |
| RSI | 50 | Sell |
| OBV | -3037 | Sell |
| VWAP | 153 | Sell |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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 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 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.
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 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 below 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 SELL signal in short term and selling is picking up 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 152.91 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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