(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 35669
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 622.30 | 631.35 | 641.90 | 618.50 | 0.492 times |
| 15 Mon Apr 2024 | 630.20 | 600.30 | 635.00 | 600.30 | 0.993 times |
| 12 Fri Apr 2024 | 645.10 | 639.75 | 665.00 | 632.50 | 0.691 times |
| 10 Wed Apr 2024 | 627.70 | 610.65 | 632.40 | 610.65 | 0.213 times |
| 09 Tue Apr 2024 | 618.25 | 633.35 | 633.35 | 616.50 | 0.499 times |
| 08 Mon Apr 2024 | 633.30 | 640.05 | 648.85 | 630.15 | 0.529 times |
| 05 Fri Apr 2024 | 647.75 | 647.75 | 669.10 | 635.95 | 1.334 times |
| 04 Thu Apr 2024 | 653.70 | 595.00 | 668.15 | 592.95 | 4.786 times |
| 03 Wed Apr 2024 | 589.15 | 590.95 | 595.20 | 584.70 | 0.327 times |
| 02 Tue Apr 2024 | 590.30 | 599.45 | 599.45 | 588.30 | 0.376 times |
My analysis of stock is bullish for shortterm, and stock might move up till 637.4 or till 665.1. Use a stoploss of 614.26 and if this stock hits its stoploss, then it can fall down till 591.13
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 | 636.65 |
| Upside Target | 641.90 |
| 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 | 601.1 |
| Downside Intraday Target | 579.9 |
| Upside Intraday Target | 642.7 |
| Upside Intraday Target | 663.1 |
| Downside Intraday Target | 621.5 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 622.30 | 600.30 | 641.90 | 600.30 | 0.769 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 |
| 16 Tue Apr 2024 | 622.30 | 612.90 | 669.10 | 584.70 | 0.917 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 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 gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elgi Equip in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 640.84 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elgi Equip ( (ElgiEquip) ) 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 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 gaining momentum.
MACD generated a BUY signal for Elgi Equip in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Elgi Equip in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 640.84 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 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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