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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 2022-11-22 View latest technical analysis

10 day averaged volume of Elnet Tech is 2366

Date Daily Closing Price Open High Low Volume
22 Tue Nov 2022 161.95 158.00 163.00 155.00 0.603 times
21 Mon Nov 2022 157.05 163.90 163.90 155.00 0.606 times
18 Fri Nov 2022 159.50 160.00 165.65 159.05 0.286 times
17 Thu Nov 2022 161.15 166.70 166.70 155.10 0.797 times
16 Wed Nov 2022 164.30 162.50 165.00 162.50 0.819 times
15 Tue Nov 2022 162.50 166.70 167.00 162.00 0.981 times
14 Mon Nov 2022 164.20 161.00 170.00 161.00 3.674 times
11 Fri Nov 2022 156.20 160.00 162.50 155.10 1.004 times
10 Thu Nov 2022 158.00 159.45 159.50 156.10 0.419 times
09 Wed Nov 2022 156.85 155.50 158.10 154.00 0.754 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 161, but if it comes below 161, then a intra day sell could be more profitable.
If you take a sell trade below 161, then use 161 as stoploss and 156.72 as target. However if you take a buy trade in stock , then use 161 as stoploss and 166.1 as target.

Share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Target 136.00
Downside Target 150.00
Downside Target 155.00
Downside Target 161.85
Upside Target 162.50
Upside Target 163.85
Upside Target 163.90
Upside Target 165.00
Upside Target 170.00
Upside Target 179.80

Intraday share price targets for Elnet Tech (ElnetTech)

Target Type Value
Downside Intraday Target 156.67
Downside Intraday Target 151.38
Upside Intraday Target 165.57
Upside Intraday Target 169.18
Downside Intraday Target 160.28

Weekly technical analysis of Elnet Tech (ElnetTech)

Date Weekly Closing Price Open High Low Volume
22 Tue Nov 2022 161.95 163.90 163.90 155.00 0.184 times
18 Fri Nov 2022 159.50 161.00 170.00 155.10 2.31 times
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

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
22 Tue Nov 2022 161.95 156.75 170.00 150.30 2.068 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Elnet Tech (ElnetTech)

Indicator Name Indicator Value Indicator Signal
ADX 14, 17, 12 Sell
MACD 2, 2Buy
Stochastics 42None
CCI -17Buy
RSI 57Buy
OBV 3432Sell
VWAP 161Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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.

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 BUY signal for Elnet Tech in short term and the buy signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 161.46 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.

Click here for Elnet Tech charts

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Daily charts

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