(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 2024-09-18 View latest technical analysis
10 day averaged volume of Elgi Equip is 11869
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 732.00 | 752.30 | 752.30 | 725.00 | 0.63 times |
| 17 Tue Sep 2024 | 737.55 | 722.00 | 751.80 | 722.00 | 1.723 times |
| 16 Mon Sep 2024 | 721.30 | 729.00 | 729.00 | 718.40 | 0.477 times |
| 13 Fri Sep 2024 | 719.00 | 729.00 | 733.60 | 716.95 | 0.685 times |
| 12 Thu Sep 2024 | 729.30 | 723.35 | 740.00 | 723.35 | 1.751 times |
| 11 Wed Sep 2024 | 726.20 | 727.60 | 739.85 | 716.00 | 2.758 times |
| 10 Tue Sep 2024 | 720.00 | 712.00 | 723.70 | 712.00 | 0.561 times |
| 09 Mon Sep 2024 | 710.85 | 705.00 | 714.00 | 687.70 | 0.592 times |
| 06 Fri Sep 2024 | 707.95 | 707.00 | 718.35 | 704.25 | 0.34 times |
| 05 Thu Sep 2024 | 707.55 | 700.05 | 725.35 | 687.45 | 0.594 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 730.4, but if it comes below 730.4, then a intra day sell could be more profitable.
If you take a sell trade below 730.4, then use 730.4 as stoploss and 711.25 as target. However if you take a buy trade in stock , then use 730.4 as stoploss and 753.5 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 588.85 |
| Downside Target | 605.00 |
| Downside Target | 652.15 |
| Downside Target | 671.35 |
| Downside Target | 686.75 |
| Downside Target | 709.10 |
| Upside Target | 737.90 |
| Upside Target | 740.00 |
| Upside Target | 752.30 |
| Upside Target | 763.25 |
| Upside Target | 774.00 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 716.17 |
| Downside Intraday Target | 700.33 |
| Upside Intraday Target | 750.07 |
| Upside Intraday Target | 768.13 |
| Upside Intraday Target | 734.23 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 732.00 | 729.00 | 752.30 | 718.40 | 0.446 times |
| 13 Fri Sep 2024 | 719.00 | 705.00 | 740.00 | 687.70 | 1.747 times |
| 06 Fri Sep 2024 | 707.95 | 694.55 | 725.35 | 686.75 | 0.306 times |
| 30 Fri Aug 2024 | 694.50 | 695.35 | 729.35 | 691.00 | 0.683 times |
| 23 Fri Aug 2024 | 693.60 | 610.00 | 709.10 | 605.00 | 6.214 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 |
| 18 Wed Sep 2024 | 732.00 | 694.55 | 752.30 | 686.75 | 0.31 times |
| 30 Fri Aug 2024 | 694.50 | 696.05 | 737.90 | 592.70 | 0.284 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 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 725.36 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Elgi Equip stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 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 725.36 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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