(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 2024-05-31 View latest technical analysis
10 day averaged volume of Elnet Tech is 2675
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 338.60 | 347.00 | 347.00 | 337.00 | 0.559 times |
| 30 Thu May 2024 | 339.60 | 343.95 | 345.90 | 339.00 | 1.367 times |
| 29 Wed May 2024 | 344.00 | 350.00 | 350.00 | 338.00 | 2.833 times |
| 28 Tue May 2024 | 340.45 | 338.60 | 353.00 | 336.10 | 0.471 times |
| 27 Mon May 2024 | 346.40 | 339.00 | 348.90 | 339.00 | 0.444 times |
| 24 Fri May 2024 | 342.65 | 339.95 | 348.95 | 339.25 | 1.635 times |
| 23 Thu May 2024 | 333.65 | 345.30 | 345.30 | 331.60 | 0.784 times |
| 22 Wed May 2024 | 340.20 | 339.00 | 347.90 | 335.05 | 0.623 times |
| 21 Tue May 2024 | 334.15 | 335.15 | 342.15 | 330.10 | 1.554 times |
| 18 Sat May 2024 | 345.80 | 342.95 | 347.50 | 337.00 | 0.062 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 337.5 as stoploss in an intra day buy trade for a target of 341.01. However, stock will show a bearish move below 337.5.
Share price targets for Elnet Tech (ElnetTech)
| Target Type | Value |
| Downside Target | 291.00 |
| Downside Target | 300.90 |
| Downside Target | 320.00 |
| Downside Target | 330.10 |
| Upside Target | 348.95 |
| Upside Target | 353.00 |
| Upside Target | 357.00 |
| 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 | 332.13 |
| Downside Intraday Target | 325.67 |
| Upside Intraday Target | 349.03 |
| Upside Intraday Target | 359.47 |
| Upside Intraday Target | 342.57 |
Weekly technical analysis of Elnet Tech (ElnetTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 338.60 | 339.00 | 353.00 | 336.10 | 1.235 times |
| 24 Fri May 2024 | 342.65 | 335.15 | 348.95 | 330.10 | 1.449 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 |
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 |
| 31 Fri May 2024 | 338.60 | 355.95 | 361.95 | 330.10 | 0.72 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 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 BUY. 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 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 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 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 340.37 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 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.
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 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 to mid 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 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 BUY. 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 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 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 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 340.37 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 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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