(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 2025-01-02 View latest technical analysis
10 day averaged volume of Elgi Equip is 6612
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 576.65 | 578.85 | 582.15 | 571.45 | 0.723 times |
| 01 Wed Jan 2025 | 578.85 | 574.65 | 584.55 | 574.30 | 1.24 times |
| 31 Tue Dec 2024 | 577.75 | 573.60 | 581.65 | 560.15 | 0.833 times |
| 30 Mon Dec 2024 | 562.55 | 573.00 | 575.90 | 560.90 | 0.846 times |
| 27 Fri Dec 2024 | 573.00 | 590.70 | 590.80 | 569.80 | 0.864 times |
| 26 Thu Dec 2024 | 585.45 | 599.00 | 599.00 | 582.45 | 0.49 times |
| 24 Tue Dec 2024 | 585.45 | 584.00 | 590.15 | 581.50 | 0.373 times |
| 23 Mon Dec 2024 | 586.75 | 600.75 | 603.80 | 583.90 | 0.825 times |
| 20 Fri Dec 2024 | 595.85 | 608.20 | 613.45 | 591.60 | 1.393 times |
| 19 Thu Dec 2024 | 608.20 | 601.95 | 609.70 | 590.45 | 1.674 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 578, but if it comes above 578, then a intra day buy could be more profitable.
If you take a sell trade below 578, then use 578 as stoploss and 550.5 as target. However if you take a buy trade in stock , then use 578 as stoploss and 600.92 as target.
Share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Target | 545.05 |
| Downside Target | 560.15 |
| Upside Target | 584.55 |
| Upside Target | 626.00 |
| Upside Target | 635.90 |
| Upside Target | 641.00 |
| Upside Target | 662.00 |
| Upside Target | 669.00 |
| Upside Target | 676.90 |
| Upside Target | 698.30 |
| Upside Target | 752.30 |
Intraday share price targets for Elgi Equip (ElgiEquip)
| Target Type | Value |
| Downside Intraday Target | 563.02 |
| Downside Intraday Target | 549.38 |
| Upside Intraday Target | 587.42 |
| Upside Intraday Target | 598.18 |
| Downside Intraday Target | 573.78 |
Weekly technical analysis of Elgi Equip (ElgiEquip)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 576.65 | 573.00 | 584.55 | 560.15 | 1.428 times |
| 27 Fri Dec 2024 | 573.00 | 600.75 | 603.80 | 569.80 | 0.358 times |
| 20 Fri Dec 2024 | 595.85 | 610.60 | 626.00 | 590.45 | 1.32 times |
| 13 Fri Dec 2024 | 604.70 | 641.00 | 641.00 | 598.80 | 1.562 times |
| 06 Fri Dec 2024 | 645.45 | 652.65 | 669.00 | 635.90 | 0.122 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 |
| 02 Thu Jan 2025 | 576.65 | 574.65 | 584.55 | 571.45 | 0.097 times |
| 31 Tue Dec 2024 | 577.75 | 652.65 | 669.00 | 560.15 | 0.473 times |
| 29 Fri Nov 2024 | 640.00 | 652.05 | 676.90 | 545.05 | 1.526 times |
| 31 Thu Oct 2024 | 664.20 | 679.05 | 698.30 | 588.15 | 0.66 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 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 Weak and stock is gaining 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 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 BUY signal in short term and the buying is gaining 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 585.73 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 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 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 Weak and stock is gaining 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 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 BUY signal in short term and the buying is gaining 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 585.73 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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