(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 2022-11-11 View latest technical analysis
10 day averaged volume of Elnet Tech is 1085
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 156.20 | 160.00 | 162.50 | 155.10 | 2.19 times |
| 10 Thu Nov 2022 | 158.00 | 159.45 | 159.50 | 156.10 | 0.914 times |
| 09 Wed Nov 2022 | 156.85 | 155.50 | 158.10 | 154.00 | 1.645 times |
| 07 Mon Nov 2022 | 152.65 | 151.20 | 155.30 | 151.20 | 1.44 times |
| 04 Fri Nov 2022 | 151.50 | 151.00 | 155.40 | 151.00 | 1.348 times |
| 03 Thu Nov 2022 | 152.30 | 153.45 | 155.30 | 151.15 | 0.953 times |
| 02 Wed Nov 2022 | 151.85 | 153.00 | 155.90 | 151.20 | 0.671 times |
| 01 Tue Nov 2022 | 153.00 | 156.75 | 156.75 | 150.30 | 1.649 times |
| 31 Mon Oct 2022 | 155.80 | 156.00 | 156.00 | 152.10 | 0.327 times |
| 28 Fri Oct 2022 | 151.30 | 156.95 | 156.95 | 151.20 | 0.279 times |
Stock of Elnet Tech (ElnetTech) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 155.8, but if it comes below 155.8, then a intra day sell could be more profitable.
If you take a sell trade below 155.8, then use 155.8 as stoploss and 153.79 as target. However if you take a buy trade in stock , then use 155.8 as stoploss and 158.2 as target.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 136.00 |
| Downside Target | 150.00 |
| Upside Target | 156.75 |
| Upside Target | 158.90 |
| Upside Target | 161.85 |
| Upside Target | 162.50 |
| 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 | 150.77 |
| Downside Intraday Target | 145.33 |
| Upside Intraday Target | 162.07 |
| Upside Intraday Target | 167.93 |
| Upside Intraday Target | 156.63 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 156.20 | 151.20 | 162.50 | 151.20 | 1.251 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 |
| 11 Fri Nov 2022 | 156.20 | 156.75 | 162.50 | 150.30 | 0.806 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 | 20, 11, 27 | Buy |
| MACD | -0, -1 | Buy |
| Stochastics | 72 | Buy |
| CCI | 130 | Buy |
| RSI | 51 | Buy |
| OBV | -3893 | Sell |
| VWAP | 154 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 154.26 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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