(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 2022-11-10 View latest technical analysis
10 day averaged volume of Elnet Tech is 1116
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 158.00 | 159.45 | 159.50 | 156.10 | 0.889 times |
| 09 Wed Nov 2022 | 156.85 | 155.50 | 158.10 | 154.00 | 1.599 times |
| 07 Mon Nov 2022 | 152.65 | 151.20 | 155.30 | 151.20 | 1.4 times |
| 04 Fri Nov 2022 | 151.50 | 151.00 | 155.40 | 151.00 | 1.311 times |
| 03 Thu Nov 2022 | 152.30 | 153.45 | 155.30 | 151.15 | 0.927 times |
| 02 Wed Nov 2022 | 151.85 | 153.00 | 155.90 | 151.20 | 0.652 times |
| 01 Tue Nov 2022 | 153.00 | 156.75 | 156.75 | 150.30 | 1.603 times |
| 31 Mon Oct 2022 | 155.80 | 156.00 | 156.00 | 152.10 | 0.318 times |
| 28 Fri Oct 2022 | 151.30 | 156.95 | 156.95 | 151.20 | 0.272 times |
| 27 Thu Oct 2022 | 152.60 | 156.90 | 156.90 | 152.30 | 0.753 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 158.2, for a target of 155.8 or 153.78
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 150.00 |
| Downside Target | 156.75 |
| Upside Target | 158.90 |
| Upside Target | 159.50 |
| 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 | 152.97 |
| Downside Intraday Target | 147.93 |
| Upside Intraday Target | 161.27 |
| Upside Intraday Target | 164.53 |
| Downside Intraday Target | 156.23 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 158.00 | 151.20 | 159.50 | 151.20 | 0.808 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 |
| 10 Thu Nov 2022 | 158.00 | 156.75 | 159.50 | 150.30 | 0.643 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 | 17, 13, 12 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 63 | None |
| CCI | 192 | Buy |
| RSI | 50 | Buy |
| OBV | -2511 | Sell |
| VWAP | 154 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short 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 short 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 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 BUY. Signal strength is Weak and stock is gaining 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. Bulls are getting stronger in this stock.
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 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 153.71 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.
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