(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 16437
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 627.60 | 623.55 | 630.00 | 606.60 | 1.218 times |
| 24 Wed Apr 2024 | 617.40 | 632.40 | 632.65 | 614.35 | 0.391 times |
| 23 Tue Apr 2024 | 626.85 | 631.90 | 631.90 | 612.15 | 0.811 times |
| 22 Mon Apr 2024 | 613.15 | 636.75 | 636.75 | 610.25 | 0.819 times |
| 19 Fri Apr 2024 | 623.55 | 626.65 | 632.10 | 613.80 | 0.524 times |
| 18 Thu Apr 2024 | 625.30 | 625.40 | 641.90 | 622.50 | 1.188 times |
| 16 Tue Apr 2024 | 622.30 | 631.35 | 641.90 | 618.50 | 1.069 times |
| 15 Mon Apr 2024 | 630.20 | 600.30 | 635.00 | 600.30 | 2.156 times |
| 12 Fri Apr 2024 | 645.10 | 639.75 | 665.00 | 632.50 | 1.499 times |
| 10 Wed Apr 2024 | 627.70 | 610.65 | 632.40 | 610.65 | 0.461 times |
My analysis of stock is bullish for shortterm, and stock might move up till 638.6 or till 664.2. Use a stoploss of 617.26 and if this stock hits its stoploss, then it can fall down till 595.93
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 | 636.75 |
| 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 | 610.55 |
| Downside Intraday Target | 593.5 |
| Upside Intraday Target | 640.7 |
| Upside Intraday Target | 653.8 |
| Downside Intraday Target | 623.65 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 627.60 | 636.75 | 636.75 | 606.60 | 0.656 times |
| 19 Fri Apr 2024 | 623.55 | 600.30 | 641.90 | 600.30 | 1.177 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 |
Price has moved up 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 |
| 25 Thu Apr 2024 | 627.60 | 612.90 | 669.10 | 584.70 | 1.117 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 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 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 mid to longer 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
ADX buy sell signal for Elgi Equip stock for short term is SELL. 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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
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 628.09 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 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 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 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 mid to longer 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
ADX buy sell signal for Elgi Equip stock for short term is SELL. 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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
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 628.09 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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