(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 2024-10-01 View latest technical analysis
10 day averaged volume of Elgi Equip is 15587
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 678.05 | 679.05 | 682.45 | 676.00 | 0.285 times |
| 30 Mon Sep 2024 | 679.10 | 662.00 | 682.00 | 662.00 | 0.604 times |
| 27 Fri Sep 2024 | 666.15 | 686.85 | 696.80 | 662.55 | 0.974 times |
| 26 Thu Sep 2024 | 686.85 | 690.15 | 691.45 | 678.05 | 0.746 times |
| 25 Wed Sep 2024 | 691.55 | 722.90 | 722.90 | 690.20 | 0.746 times |
| 24 Tue Sep 2024 | 709.55 | 717.65 | 717.65 | 693.40 | 0.948 times |
| 23 Mon Sep 2024 | 706.85 | 719.05 | 720.65 | 705.00 | 1.468 times |
| 20 Fri Sep 2024 | 724.55 | 752.00 | 752.00 | 715.45 | 1.187 times |
| 19 Thu Sep 2024 | 735.75 | 740.00 | 740.80 | 716.15 | 1.535 times |
| 18 Wed Sep 2024 | 732.00 | 752.30 | 752.30 | 725.00 | 0.48 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 689.5, but if it comes above 689.5, then a intra day buy could be more profitable.
If you take a sell trade below 689.5, then use 689.5 as stoploss and 665.5 as target. However if you take a buy trade in stock , then use 689.5 as stoploss and 709.43 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 592.70 |
| Downside Target | 652.15 |
| Downside Target | 676.00 |
| Upside Target | 715.45 |
| Upside Target | 725.35 |
| 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 | 665.88 |
| Downside Intraday Target | 653.72 |
| Upside Intraday Target | 686.33 |
| Upside Intraday Target | 694.62 |
| Downside Intraday Target | 674.17 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 678.05 | 662.00 | 682.45 | 662.00 | 0.182 times |
| 27 Fri Sep 2024 | 666.15 | 719.05 | 722.90 | 662.55 | 1.001 times |
| 20 Fri Sep 2024 | 724.55 | 729.00 | 752.30 | 715.45 | 1.009 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 |
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 Tue Oct 2024 | 678.05 | 679.05 | 682.45 | 676.00 | 0.016 times |
| 30 Mon Sep 2024 | 679.10 | 694.55 | 752.30 | 662.00 | 0.571 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 |
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Elgi Equip in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 705.63 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Elgi Equip stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
Elgi Equip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Elgi Equip in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 705.63 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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