(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 2024-10-17 View latest technical analysis
10 day averaged volume of Elgi Equip is 8645
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 662.90 | 672.35 | 680.40 | 661.85 | 1.123 times |
| 16 Wed Oct 2024 | 680.15 | 685.00 | 685.00 | 671.55 | 0.618 times |
| 15 Tue Oct 2024 | 676.50 | 663.55 | 684.70 | 663.55 | 0.166 times |
| 14 Mon Oct 2024 | 669.35 | 672.85 | 673.30 | 659.85 | 0.619 times |
| 11 Fri Oct 2024 | 672.80 | 666.50 | 681.45 | 659.00 | 0.766 times |
| 10 Thu Oct 2024 | 666.50 | 673.05 | 673.65 | 663.20 | 0.706 times |
| 09 Wed Oct 2024 | 673.65 | 657.00 | 694.40 | 645.65 | 3.885 times |
| 08 Tue Oct 2024 | 641.80 | 640.35 | 645.55 | 624.75 | 0.805 times |
| 07 Mon Oct 2024 | 640.35 | 681.45 | 681.45 | 636.50 | 0.687 times |
| 03 Thu Oct 2024 | 679.35 | 671.05 | 698.30 | 671.05 | 1.234 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 658 as stoploss in an intra day buy trade for a target of 683.69. However, stock will show a bearish move below 658.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 592.70 |
| Downside Target | 624.75 |
| Downside Target | 652.15 |
| Upside Target | 685.00 |
| Upside Target | 715.45 |
| Upside Target | 722.90 |
| Upside Target | 737.90 |
| 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 | 653.5 |
| Downside Intraday Target | 644.1 |
| Upside Intraday Target | 678.65 |
| Upside Intraday Target | 694.4 |
| Upside Intraday Target | 669.25 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 662.90 | 672.85 | 685.00 | 659.85 | 0.369 times |
| 11 Fri Oct 2024 | 672.80 | 681.45 | 694.40 | 624.75 | 2.413 times |
| 03 Thu Oct 2024 | 679.35 | 662.00 | 698.30 | 662.00 | 0.322 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 |
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 |
| 17 Thu Oct 2024 | 662.90 | 679.05 | 698.30 | 624.75 | 0.343 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 668.24 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 negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Elgi Equip in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 668.24 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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