(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)
Showing technical analysis as on 2024-03-13 View latest technical analysis
10 day averaged volume of Elgi Equip is 24669
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 625.10 | 630.05 | 631.75 | 603.95 | 0.931 times |
12 Tue Mar 2024 | 630.55 | 683.20 | 683.20 | 626.25 | 0.679 times |
11 Mon Mar 2024 | 684.20 | 703.40 | 712.00 | 672.30 | 0.568 times |
07 Thu Mar 2024 | 698.50 | 706.95 | 706.95 | 694.00 | 0.302 times |
06 Wed Mar 2024 | 697.05 | 704.55 | 714.50 | 679.30 | 1.276 times |
05 Tue Mar 2024 | 703.60 | 672.90 | 713.55 | 672.90 | 2.36 times |
04 Mon Mar 2024 | 681.35 | 688.40 | 690.00 | 676.20 | 1.109 times |
02 Sat Mar 2024 | 687.60 | 689.80 | 700.00 | 660.95 | 0.346 times |
01 Fri Mar 2024 | 682.25 | 650.55 | 696.45 | 650.55 | 2.248 times |
29 Thu Feb 2024 | 650.50 | 614.05 | 655.40 | 614.05 | 0.442 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 625.8, but if it comes above 625.8, then a intra day buy could be more profitable.
If you take a sell trade below 625.8, then use 625.8 as stoploss and 592 as target. However if you take a buy trade in stock , then use 625.8 as stoploss and 654.06 as target.
Share price targets for Elgi Equip (ElgiEquip)
Target Type | Value |
Downside Target | 496.65 |
Downside Target | 525.00 |
Downside Target | 544.95 |
Downside Target | 582.85 |
Downside Target | 603.95 |
Upside Target | 672.55 |
Upside Target | 672.90 |
Upside Target | 698.50 |
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 | 582.03 |
Downside Intraday Target | 538.97 |
Upside Intraday Target | 690.08 |
Upside Intraday Target | 755.07 |
Upside Intraday Target | 647.02 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 625.10 | 703.40 | 712.00 | 603.95 | 0.431 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 |
23 Fri Feb 2024 | 631.85 | 645.30 | 672.55 | 622.50 | 0.331 times |
16 Fri Feb 2024 | 640.55 | 692.45 | 698.50 | 607.30 | 1.291 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 |
13 Wed Mar 2024 | 625.10 | 650.55 | 714.50 | 603.95 | 0.382 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 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 679.7 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Elgi Equip in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 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 679.7 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 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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