(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 2024-07-30 View latest technical analysis
10 day averaged volume of Elgi Equip is 157432
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 709.40 | 721.95 | 721.95 | 697.20 | 0.03 times |
| 29 Mon Jul 2024 | 713.40 | 705.55 | 718.50 | 705.55 | 0.066 times |
| 26 Fri Jul 2024 | 705.55 | 719.90 | 719.90 | 702.00 | 0.027 times |
| 25 Thu Jul 2024 | 698.15 | 690.95 | 708.00 | 682.55 | 0.062 times |
| 24 Wed Jul 2024 | 691.80 | 678.00 | 696.95 | 670.45 | 0.037 times |
| 23 Tue Jul 2024 | 668.85 | 685.00 | 703.00 | 652.15 | 9.519 times |
| 22 Mon Jul 2024 | 680.70 | 655.00 | 682.70 | 653.05 | 0.071 times |
| 19 Fri Jul 2024 | 667.65 | 686.70 | 686.70 | 662.90 | 0.043 times |
| 18 Thu Jul 2024 | 680.25 | 714.95 | 714.95 | 677.85 | 0.06 times |
| 16 Tue Jul 2024 | 701.00 | 696.75 | 714.10 | 696.25 | 0.061 times |
My analysis of stock is bullish for shortterm, and stock might move up till 728.2 or till 754. Use a stoploss of 706.77 and if this stock hits its stoploss, then it can fall down till 685.32
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 570.05 |
| Downside Target | 584.70 |
| Downside Target | 652.15 |
| Downside Target | 685.00 |
| Upside Target | 714.50 |
| Upside Target | 718.35 |
| Upside Target | 719.90 |
| Upside Target | 721.95 |
| Upside Target | 750.00 |
| Upside Target | 763.25 |
| Upside Target | 774.00 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 697.08 |
| Downside Intraday Target | 684.77 |
| Upside Intraday Target | 721.83 |
| Upside Intraday Target | 734.27 |
| Upside Intraday Target | 709.52 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 709.40 | 705.55 | 721.95 | 697.20 | 0.01 times |
| 26 Fri Jul 2024 | 705.55 | 655.00 | 719.90 | 652.15 | 44.843 times |
| 19 Fri Jul 2024 | 667.65 | 717.85 | 718.35 | 662.90 | 0.384 times |
| 12 Fri Jul 2024 | 703.50 | 707.00 | 763.25 | 685.00 | 1.747 times |
| 05 Fri Jul 2024 | 737.15 | 732.35 | 750.00 | 716.55 | 0.701 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 |
| 30 Tue Jul 2024 | 709.40 | 732.35 | 763.25 | 652.15 | 3.64 times |
| 28 Fri Jun 2024 | 717.95 | 625.05 | 774.00 | 541.85 | 1.535 times |
| 31 Fri May 2024 | 611.15 | 653.55 | 671.35 | 588.85 | 0.608 times |
| 30 Tue Apr 2024 | 651.45 | 612.90 | 669.10 | 584.70 | 1.239 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 short 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elgi Equip in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL 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 669.98 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 short 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elgi Equip in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elgi Equip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL 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 669.98 and Elgi Equip (ElgiEquip) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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