(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 2024-11-19 View latest technical analysis
10 day averaged volume of Elgi Equip is 6065
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 557.90 | 562.05 | 568.95 | 547.00 | 1.434 times |
| 18 Mon Nov 2024 | 559.60 | 592.90 | 592.90 | 558.75 | 0.717 times |
| 14 Thu Nov 2024 | 584.05 | 574.30 | 590.65 | 562.85 | 1.874 times |
| 13 Wed Nov 2024 | 570.75 | 610.05 | 610.05 | 568.00 | 1.968 times |
| 12 Tue Nov 2024 | 604.30 | 624.75 | 633.20 | 600.20 | 1.502 times |
| 11 Mon Nov 2024 | 624.95 | 635.00 | 635.00 | 620.00 | 0.557 times |
| 08 Fri Nov 2024 | 635.65 | 650.55 | 652.70 | 635.00 | 1 times |
| 07 Thu Nov 2024 | 651.35 | 640.60 | 658.55 | 640.60 | 0.248 times |
| 06 Wed Nov 2024 | 651.05 | 655.20 | 655.20 | 645.65 | 0.476 times |
| 05 Tue Nov 2024 | 648.10 | 648.60 | 656.00 | 641.35 | 0.527 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 545.3, for a target of 584.2 or 616.61
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 547.00 |
| Upside Target | 562.85 |
| Upside Target | 588.15 |
| Upside Target | 635.00 |
| Upside Target | 652.15 |
| Upside Target | 676.90 |
| Upside Target | 678.20 |
| Upside Target | 698.30 |
| Upside Target | 737.90 |
| Upside Target | 752.30 |
| Upside Target | 763.25 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 538.97 |
| Downside Intraday Target | 520.03 |
| Upside Intraday Target | 584.87 |
| Upside Intraday Target | 611.83 |
| Upside Intraday Target | 565.93 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 557.90 | 592.90 | 592.90 | 547.00 | 0.365 times |
| 14 Thu Nov 2024 | 584.05 | 635.00 | 635.00 | 562.85 | 1.744 times |
| 08 Fri Nov 2024 | 635.65 | 676.90 | 676.90 | 635.00 | 0.434 times |
| 01 Fri Nov 2024 | 662.65 | 602.50 | 678.20 | 588.15 | 1.16 times |
| 25 Fri Oct 2024 | 596.80 | 659.00 | 659.00 | 595.00 | 1.556 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 |
| 19 Tue Nov 2024 | 557.90 | 652.05 | 676.90 | 547.00 | 0.394 times |
| 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 |
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 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 SELL. Signal strength is Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 594.34 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Elgi Equip in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 594.34 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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