(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 37538
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 630.20 | 600.30 | 635.00 | 600.30 | 0.944 times |
| 12 Fri Apr 2024 | 645.10 | 639.75 | 665.00 | 632.50 | 0.656 times |
| 10 Wed Apr 2024 | 627.70 | 610.65 | 632.40 | 610.65 | 0.202 times |
| 09 Tue Apr 2024 | 618.25 | 633.35 | 633.35 | 616.50 | 0.474 times |
| 08 Mon Apr 2024 | 633.30 | 640.05 | 648.85 | 630.15 | 0.503 times |
| 05 Fri Apr 2024 | 647.75 | 647.75 | 669.10 | 635.95 | 1.268 times |
| 04 Thu Apr 2024 | 653.70 | 595.00 | 668.15 | 592.95 | 4.547 times |
| 03 Wed Apr 2024 | 589.15 | 590.95 | 595.20 | 584.70 | 0.311 times |
| 02 Tue Apr 2024 | 590.30 | 599.45 | 599.45 | 588.30 | 0.357 times |
| 01 Mon Apr 2024 | 592.35 | 612.90 | 612.90 | 589.45 | 0.24 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 638 as stoploss in an intra day sell trade for a target of 614.69. However, stock will show a bullish move above 638.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 503.05 |
| Downside Target | 525.00 |
| Downside Target | 554.60 |
| Downside Target | 570.05 |
| Downside Target | 582.85 |
| Downside Target | 600.30 |
| Upside Target | 635.00 |
| Upside Target | 636.65 |
| Upside Target | 665.00 |
| Upside Target | 669.10 |
| Upside Target | 703.40 |
| Upside Target | 714.50 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 608.67 |
| Downside Intraday Target | 587.13 |
| Upside Intraday Target | 643.37 |
| Upside Intraday Target | 656.53 |
| Downside Intraday Target | 621.83 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 630.20 | 600.30 | 635.00 | 600.30 | 0.514 times |
| 12 Fri Apr 2024 | 645.10 | 640.05 | 665.00 | 610.65 | 0.273 times |
| 05 Fri Apr 2024 | 647.75 | 612.90 | 669.10 | 584.70 | 3.294 times |
| 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 |
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 Elgi Equip (ElgiEquip)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 630.20 | 612.90 | 669.10 | 584.70 | 0.874 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 640.53 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 Elgi Equip ( (ElgiEquip) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Elgi Equip 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.
Elgi Equip 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Elgi Equip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 640.53 and Elgi Equip (ElgiEquip) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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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