(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 2024-05-23 View latest technical analysis
10 day averaged volume of Elnet Tech is 1662
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 333.65 | 345.30 | 345.30 | 331.60 | 1.262 times |
| 22 Wed May 2024 | 340.20 | 339.00 | 347.90 | 335.05 | 1.003 times |
| 21 Tue May 2024 | 334.15 | 335.15 | 342.15 | 330.10 | 2.501 times |
| 18 Sat May 2024 | 345.80 | 342.95 | 347.50 | 337.00 | 0.1 times |
| 17 Fri May 2024 | 338.10 | 338.95 | 343.90 | 335.35 | 0.362 times |
| 16 Thu May 2024 | 338.95 | 333.75 | 348.50 | 333.75 | 1.581 times |
| 15 Wed May 2024 | 338.45 | 343.90 | 347.00 | 336.20 | 1.258 times |
| 14 Tue May 2024 | 341.45 | 347.95 | 347.95 | 335.25 | 1.083 times |
| 13 Mon May 2024 | 343.90 | 351.90 | 351.90 | 331.10 | 0.72 times |
| 10 Fri May 2024 | 344.30 | 339.10 | 352.00 | 339.10 | 0.474 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 337.7, but if it comes above 337.7, then a intra day buy could be more profitable.
If you take a sell trade below 337.7, then use 337.7 as stoploss and 330.3 as target. However if you take a buy trade in stock , then use 337.7 as stoploss and 343.89 as target.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 291.00 |
| Downside Target | 300.90 |
| Downside Target | 320.00 |
| Downside Target | 330.00 |
| Upside Target | 347.90 |
| Upside Target | 357.00 |
| Upside Target | 360.95 |
| Upside Target | 361.95 |
| Upside Target | 368.90 |
| Upside Target | 375.00 |
| Upside Target | 399.00 |
Intraday share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Intraday Target | 326.53 |
| Downside Intraday Target | 319.42 |
| Upside Intraday Target | 344.33 |
| Upside Intraday Target | 355.02 |
| Upside Intraday Target | 337.22 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 333.65 | 335.15 | 347.90 | 330.10 | 0.934 times |
| 18 Sat May 2024 | 345.80 | 351.90 | 351.90 | 331.10 | 1.22 times |
| 10 Fri May 2024 | 344.30 | 357.00 | 357.00 | 336.00 | 0.521 times |
| 03 Fri May 2024 | 346.85 | 357.70 | 361.95 | 340.05 | 0.581 times |
| 26 Fri Apr 2024 | 347.45 | 341.95 | 360.95 | 330.00 | 1.88 times |
Price has moved down 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 |
| 23 Thu May 2024 | 333.65 | 355.95 | 361.95 | 330.10 | 0.434 times |
| 30 Tue Apr 2024 | 354.25 | 320.00 | 375.00 | 320.00 | 1.282 times |
| 28 Thu Mar 2024 | 330.65 | 359.70 | 368.90 | 291.00 | 0.373 times |
| 29 Thu Feb 2024 | 353.80 | 322.00 | 399.00 | 306.50 | 0.944 times |
Scroll below to view daily charts
Price has moved down 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)
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Elnet Tech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elnet Tech in short term and the sell signal is strong.
Elnet Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Elnet Tech in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 338.09 and Elnet Tech (ElnetTech) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elnet Tech ( (ElnetTech) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Elnet Tech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elnet Tech in short term and the sell signal is strong.
Elnet Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Elnet Tech in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 338.09 and Elnet Tech (ElnetTech) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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
Click here for further forecast and predictions for tomorrow