(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 2024-08-01 View latest technical analysis
10 day averaged volume of Elgi Equip is 156950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 710.05 | 696.05 | 737.90 | 696.05 | 0.226 times |
| 31 Wed Jul 2024 | 693.35 | 715.70 | 723.25 | 691.00 | 0.053 times |
| 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 | 0.067 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 | 9.549 times |
| 22 Mon Jul 2024 | 680.70 | 655.00 | 682.70 | 653.05 | 0.072 times |
| 19 Fri Jul 2024 | 667.65 | 686.70 | 686.70 | 662.90 | 0.043 times |
My analysis of stock is bullish for shortterm, and stock might move up till 724.3 or till 748.5. Use a stoploss of 704.08 and if this stock hits its stoploss, then it can fall down till 683.89
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 584.70 |
| Downside Target | 652.15 |
| Downside Target | 685.00 |
| Upside Target | 716.55 |
| Upside Target | 719.90 |
| Upside Target | 737.90 |
| 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 | 688.07 |
| Downside Intraday Target | 666.08 |
| Upside Intraday Target | 734.97 |
| Upside Intraday Target | 759.88 |
| Upside Intraday Target | 712.98 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 710.05 | 705.55 | 737.90 | 691.00 | 0.039 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 |
| 01 Thu Aug 2024 | 710.05 | 696.05 | 737.90 | 696.05 | 0.021 times |
| 31 Wed Jul 2024 | 693.35 | 732.35 | 763.25 | 652.15 | 3.658 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 |
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 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 neutral. A longer time frame might give a better analysis.
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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 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 670.75 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 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 670.75 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 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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