(ElgiEquip) Elgi Equip complete technical analysis [charts+indicators] | Buy/Sell Elgi Equip | (ElgiEquip) share price targets
Complete technical analysis of Elgi Equip (ElgiEquip) by charts plus indicators, forecast predictions and share price targets for Elgi Equip (ElgiEquip)
10 day averaged volume of Elgi Equip is 13455
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 601.45 | 580.40 | 605.00 | 579.20 | 4.023 times |
27 Wed Mar 2024 | 579.20 | 570.05 | 589.50 | 570.05 | 1.035 times |
26 Tue Mar 2024 | 580.50 | 593.00 | 593.00 | 578.60 | 0.637 times |
22 Fri Mar 2024 | 589.05 | 595.00 | 600.00 | 583.80 | 0.799 times |
21 Thu Mar 2024 | 596.80 | 600.60 | 615.10 | 593.65 | 1.239 times |
20 Wed Mar 2024 | 597.75 | 630.70 | 630.70 | 593.80 | 0.711 times |
19 Tue Mar 2024 | 629.10 | 623.75 | 633.40 | 623.75 | 0.418 times |
18 Mon Mar 2024 | 628.55 | 636.65 | 636.65 | 623.30 | 0.314 times |
15 Fri Mar 2024 | 632.60 | 631.05 | 650.40 | 618.25 | 1.431 times |
14 Thu Mar 2024 | 631.05 | 612.60 | 642.00 | 609.80 | 1.708 times |
Stock of Elgi Equip (ElgiEquip) has showed a significant upmove. This could be a good time to enter in this stock!
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 599 as stoploss in an intra day buy trade for a target of 640.34. However, stock will show a bearish move below 599.
Share price targets for Elgi Equip (ElgiEquip)
Target Type | Value |
Downside Target | 496.65 |
Downside Target | 525.00 |
Downside Target | 544.95 |
Downside Target | 570.05 |
Downside Target | 582.85 |
Upside Target | 603.95 |
Upside Target | 636.65 |
Upside Target | 672.90 |
Upside Target | 700.00 |
Upside Target | 703.40 |
Upside Target | 712.00 |
Upside Target | 714.50 |
Intraday share price targets for Elgi Equip (ElgiEquip)
Target Type | Value |
Downside Intraday Target | 579.33 |
Downside Intraday Target | 557.22 |
Upside Intraday Target | 614.28 |
Upside Intraday Target | 627.12 |
Downside Intraday Target | 592.17 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 601.45 | 593.00 | 605.00 | 570.05 | 1.635 times |
22 Fri Mar 2024 | 589.05 | 636.65 | 636.65 | 583.80 | 0.488 times |
15 Fri Mar 2024 | 632.60 | 703.40 | 712.00 | 603.95 | 0.771 times |
07 Thu Mar 2024 | 698.50 | 688.40 | 714.50 | 672.90 | 1.121 times |
02 Sat Mar 2024 | 687.60 | 640.65 | 700.00 | 614.05 | 1.297 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elgi Equip (ElgiEquip)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 601.45 | 650.55 | 714.50 | 570.05 | 0.643 times |
29 Thu Feb 2024 | 650.50 | 615.00 | 703.40 | 582.85 | 1.902 times |
31 Wed Jan 2024 | 614.30 | 543.90 | 616.95 | 525.00 | 0.954 times |
29 Fri Dec 2023 | 543.85 | 534.05 | 554.60 | 503.05 | 1.073 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 Elgi Equip (ElgiEquip)
Price action analysis of Elgi Equip ( (ElgiEquip) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip 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
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 606.37 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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 Elgi Equip ( (ElgiEquip) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Elgi Equip 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
Stock of Elgi Equip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 606.37 and Elgi Equip (ElgiEquip) 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 Elgi Equip (ElgiEquip) stock. Volume based technical analysis of Elgi Equip (ElgiEquip) stock is negative.
Elgi Equip 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.
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