(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, 2 | Buy |
| Stochastics | 42 | None |
| CCI | -17 | Buy |
| RSI | 57 | Buy |
| OBV | 3432 | Sell |
| VWAP | 161 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
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.
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