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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 2022-11-09 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, -2Buy
Stochastics 38None
CCI 205Buy
RSI 52Buy
OBV -2511Sell
VWAP 153Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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

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Daily charts

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Daily chart

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