(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 2024-10-31 View latest technical analysis
10 day averaged volume of Elgi Equip is 7644
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 664.20 | 605.55 | 678.20 | 605.55 | 2.877 times |
| 30 Wed Oct 2024 | 602.40 | 596.00 | 613.90 | 591.60 | 1.299 times |
| 29 Tue Oct 2024 | 594.80 | 596.00 | 600.00 | 591.25 | 0.678 times |
| 28 Mon Oct 2024 | 596.25 | 602.50 | 602.50 | 588.15 | 0.855 times |
| 25 Fri Oct 2024 | 596.80 | 621.25 | 626.65 | 595.00 | 1.966 times |
| 24 Thu Oct 2024 | 628.30 | 630.00 | 631.95 | 620.85 | 1.041 times |
| 23 Wed Oct 2024 | 628.65 | 621.00 | 634.95 | 612.00 | 0.75 times |
| 22 Tue Oct 2024 | 621.95 | 649.10 | 649.10 | 618.00 | 1.223 times |
| 21 Mon Oct 2024 | 648.25 | 659.00 | 659.00 | 645.10 | 0.347 times |
| 18 Fri Oct 2024 | 658.75 | 660.85 | 664.00 | 650.00 | 0.568 times |
Stock of Elgi Equip (ElgiEquip) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 674.4 as stoploss in an intra day sell trade for a target of 645.19. However, stock will show a bullish move above 674.4.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 541.85 |
| Downside Target | 588.15 |
| Downside Target | 624.75 |
| Downside Target | 650.00 |
| Upside Target | 678.20 |
| Upside Target | 694.40 |
| Upside Target | 698.30 |
| 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 | 608.83 |
| Downside Intraday Target | 553.47 |
| Upside Intraday Target | 698.88 |
| Upside Intraday Target | 733.57 |
| Downside Intraday Target | 643.52 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 664.20 | 602.50 | 678.20 | 588.15 | 1.072 times |
| 25 Fri Oct 2024 | 596.80 | 659.00 | 659.00 | 595.00 | 1.556 times |
| 18 Fri Oct 2024 | 658.75 | 672.85 | 685.00 | 650.00 | 0.442 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 |
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 |
| 31 Thu Oct 2024 | 664.20 | 679.05 | 698.30 | 588.15 | 0.66 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 626.08 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 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Elgi Equip in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 626.08 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 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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