(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 2022-11-09 View latest technical analysis
10 day averaged volume of Elnet Tech is 983
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 156.85 | 155.50 | 158.10 | 154.00 | 1.816 times |
| 07 Mon Nov 2022 | 152.65 | 151.20 | 155.30 | 151.20 | 1.589 times |
| 04 Fri Nov 2022 | 151.50 | 151.00 | 155.40 | 151.00 | 1.488 times |
| 03 Thu Nov 2022 | 152.30 | 153.45 | 155.30 | 151.15 | 1.052 times |
| 02 Wed Nov 2022 | 151.85 | 153.00 | 155.90 | 151.20 | 0.741 times |
| 01 Tue Nov 2022 | 153.00 | 156.75 | 156.75 | 150.30 | 1.82 times |
| 31 Mon Oct 2022 | 155.80 | 156.00 | 156.00 | 152.10 | 0.361 times |
| 28 Fri Oct 2022 | 151.30 | 156.95 | 156.95 | 151.20 | 0.308 times |
| 27 Thu Oct 2022 | 152.60 | 156.90 | 156.90 | 152.30 | 0.855 times |
| 25 Tue Oct 2022 | 153.85 | 152.10 | 157.70 | 151.10 | 1.319 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 155.9, but if it comes below 155.9, then a intra day sell could be more profitable.
If you take a sell trade below 155.9, then use 155.9 as stoploss and 153.82 as target. However if you take a buy trade in stock , then use 155.9 as stoploss and 158.4 as target.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 150.00 |
| Downside Target | 156.75 |
| Upside Target | 158.10 |
| 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 | 152.67 |
| Downside Intraday Target | 148.48 |
| Upside Intraday Target | 159.57 |
| Upside Intraday Target | 162.28 |
| Downside Intraday Target | 155.38 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 156.85 | 151.20 | 158.10 | 151.20 | 0.623 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 |
| 09 Wed Nov 2022 | 156.85 | 156.75 | 158.10 | 150.30 | 0.574 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 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, 14, 5 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 38 | None |
| CCI | 205 | Buy |
| RSI | 52 | Buy |
| OBV | -2511 | Sell |
| VWAP | 153 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Elnet Tech in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elnet Tech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 153.34 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 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
Click here for further forecast and predictions for tomorrow